If you’re searching for a home in the Southern Suburbs of Athens or looking to invest in a property with high appreciation potential, Elliniko is the #1 destination to keep on your radar. Since the announcement of the old airport’s redevelopment, the area has attracted international investors, developers, and buyers seeking high quality of life, a strategic location, and strong investment prospects.
With this landmark project underway, Elliniko is transforming into an international hub for living, leisure, and business. The Southern Suburbs are being completely redefined, featuring a world-class waterfront and state-of-the-art infrastructure. The future of coastal Athens starts here and now is the time to be part of it!
Real estate opportunities: Why now is the right time?
The housing market in Elliniko is on a strong upward path, with rising demand and attractive early-stage investment opportunities:
- Newly built apartments within the heart of the development
- Penthouses, villas, and maisonettes overlooking the waterfront or marina, with private gardens and pools
- Ultra-luxury projects such as residential towers and marina apartments designed for international appeal
- Adjacent plots of land with development potential
- Commercial and tourism properties ranging from retail and offices to hotels
Property prices show a clear upward trend as the area evolves into a complete urban center with parks, a waterfront, marina, hotels, and modern infrastructure. Indicatively, prices range from €2,900 to €5,500 per sqm, depending on proximity to the project and property condition.
Who is investing in Elliniko?
This flagship project has become a magnet for diverse investor profiles:
- International investors and developers envisioning the project as the “new Dubai” of the Mediterranean
- Families and high-net-worth individuals purchasing villas or gated residences with gardens and pools
- Professionals and entrepreneurs investing in commercial and tourism properties
- Early-stage investors securing opportunities before prices rise further
Everyday life & infrastructure: A lifestyle upgrade
The redevelopment is reshaping daily life in coastal Athens with cutting-edge infrastructure and services, including:
- Coastal promenades, parks, and public spaces
- Marina, beaches, and entertainment districts
- Shopping centers, cultural venues, and international-standard schools
- Sports and cultural facilities, new hubs for leisure, education, and healthcare
- Enhanced transport links with tram, metro, and Poseidonos Avenue connections
Why invest in Elliniko today?
As the largest real estate investment in Greece, the project combines sustainability, international standards, and strong tourism appeal. Demand for high-quality housing is growing rapidly, while early investments offer exceptional prospects for appreciation and long-term returns.
Key advantages include:
- Strong capital gains and growth across all property types
- A strategic seafront location in the Southern Suburbs
- Early-stage opportunities in new projects, signature developments, and luxury residences
Prosperty: Your trusted guide to buying a home in Elliniko
At Prosperty, we help you make the smartest real estate decisions in Elliniko with transparency, technology, and full guidance. From your first property search to the final purchase, you’ll have a trusted partner by your side. Here, rising value isn’t just a number, it’s your chance to be among the first to step into a new era for Athens’ coastal front.
Explore available properties for sale in Elliniko, here.
FAQs
When will the project be completed, and how does it affect property prices?
The project will be delivered in phases, with key sections (park, commercial areas, marina zone) expected from 2026 onward. Prices are already on a steady rise due to the project announcement and ongoing works.
Can I still find opportunities in older properties in Elliniko?
Absolutely. There are still older apartments at relatively affordable prices, particularly those not immediately adjacent to the redevelopment. These offer strong renovation and appreciation potential—ideal for a buy-renovate-hold strategy.
Is buying a property in Elliniko a good option for a Golden Visa?
Yes. Elliniko is one of the most attractive areas for foreign investors seeking a Greek Golden Visa. Luxury projects within the landmark development offer high-end residences in a strategic seaside location, with direct access to international-level infrastructure.
