The Athenian Riviera is experiencing a golden era of growth, as soaring demand and landmark investments redefine its real estate landscape.
The upward trend in property prices along the Athenian Riviera continues, significantly influenced by the major investment in The Ellinikon project. The southern suburbs have now become the most expensive area for acquiring residential property, not only in Attica but throughout the country.
Interest in acquiring property in the southern part of Attica comes not only from Greeks but also from international buyers, indicating even greater development in the coming years. The buyer base originates from many countries, generally wealthier than Greece, keeping demand consistently higher than supply.
According to research, the southern suburbs lead the way, continuing to attract primarily the interest of foreign investors. The area around The Ellinikon is a focal point where many developers have invested. As noted by Corina Saia, CEO of Premier Realty, the southern suburbs of Athens have seen a remarkable increase in property values. In 2024, prices increased by approximately 7%, with the average price per square meter for newly built luxury properties ranging between €6,800 and €13,000. In comparison, in locations like the French Riviera, prices range from €30,000 to €60,000 per square meter.
(Read More: OT)
