Ellinikon Project Near Athens: A Game-Changer for Greece’s Real Estate Market

Key Highlights of the Ellinikon Project

Massive Scale and Vision

• The project, spanning over 6.2 million square meters, is now being developed by Lamda Development, supported by global investors.
• Located on the southern side of Athens, the site provides direct access to the Aegean sea, in addition to magnificent views of the Saronic Gulf.

Smart City with Green Living

• More than 2 million sq m will be allocated to green spaces, including the Ellinikon Metropolitan Park, which is to be developed into one of the world’s largest coastal green spaces.
• The development under consideration involves zero emissions, and the inclusion of smart infrastructure and environmentally responsible building practices is all a part of the plan.

Mixed-Use Residential & Commercial Hubs

• There will be luxury residences as well as branded apartments and prospects for affordable housing in the smart city.
• Some of the key aspects of the plan include retail hubs, business office blocks, accommodation choices, and current sporting and leisure facilities.

Marina, Beaches & Coastal Luxury

• The initiative will enhance access to the coast by adding a new marina and quality beachfront areas and promenades.
• You can expect yacht-oriented services and a host of five-star resort facilities to captivate both domestic and global buyers.

Economic & Employment Impact

• It is projected that the development will promote employment of more than 80000 jobs off the back of construction and subsequent operations.
• To inflate the Greek GDP by €14 billion over 25 years, and this time around, to encourage tech companies, hospitality brands, and investors.

Boost to Greece’s Real Estate Market

The growth of Ellinikon can be expected to trigger increased demand for luxury real estate with foreign investors for Greek residency under the umbrella of the Golden Visa. Lively demand for property and real estate investment is also developing in areas nearby, including Glyfada, Vouliagmeni, and Alimos.

Conclusion

The Ellinikon project is not just about building, it is about creating a new benchmark for sustainable and inventive urban spaces in Greece. Ellinikon can revolutionise Athens’ reputation, and Greece a vital post for both real estate investors and capital on a global scale by integrating sustainability, luxury, and cultural heritage with innovation.

Ellinikon offers an opportunity that is very special for investors, home buyers, and global adventurers to contribute to one of Europe’s most revolutionary urban revitalisation schemes.