Minoan Group has received opposition to its plans for a luxury resort development in northeastern Crete.
Two appeals against a decision to grant the company planning consent have been lodged with the Greek Council of State.
Minoan claimed the Plenum of the Council of State had unanimously agreed in March that the Presidential Decree giving it the go ahead to develop the land had been lawfully proposed by the Government.
However, it said that such appeals are common, especially in the case of environmental approvals.
"Given the unanimous, extended and comprehensive reasoning of the Plenum of the Council of State on the legality of the Presidentail Decree, the Company has good grounds to believe that a successful appeal is unlikely," Minoan said in a statement.
"The reasoning of the Court, as covered in its minutes, dealt with the issues that were considered important.
"The Company hopes for an early hearing so that the development of the project can continue as soon as possible."
Minoan is planning to build a complex of hotels with 2,000 rooms on the coastal site.
Minoan chairman Christopher Egleton added:"We firmly believe that, notwithstanding these appeals, the project will continue to fruition and thus bring economic growth to the whole of the local region. I will keep shareholders informed of all material developments as they arise."
