Athens Real Estate: 9 Projects You Can't Miss

You always wondered about the real estate market and investment opportunities in Athens, but you didn’t know where to start. The misinformation you find online is guiding you in the wrong direction. This makes you want to give up.

This is a common issue - don’t worry. Choosing wisely is something you should always go for. Don’t give up just yet, there is still a way to find an ideal Athens property for you!

At Kredium, we are working on helping clients worldwide find their ideal real estate. Led by our team of experts, we have created this ultimate list of some of the best projects you can find and invest in this city's capital. Without further ado, here is a list of the best developments, and a breakdown of the Athenian real estate market in 2024.

1. San Diego Residences

San Diego Residences, a project by V2 Development, features 13 modern apartments spread over 7 stories, set in a green, luscious environment that blends nature and contemporary aesthetics. It is placed in a leafy suburb of Aharnes, in Athens. Due to its blend of modernity and nature, it appeals to a lot of potential investors.

San Diego Residences highlights:

• Green and leafy environment

• Convenient location

• Modern design

• Modern furniture and kitchen amenities

• 10 minutes from Kifisia
  

2. Allure

This 7-level building with 38 apartments is a luxurious DKG Developments project in Athens, and its apartments are anywhere between 30 and 68 sq.m, each catering to different necessities and lifestyles. Allure project holds meticulously styled apartments created to fully use the space for utility and comfort, ensuring its residents are living comfortably. It’s like an oasis you escape to when you are looking for relaxation and an enhanced quality of life. 

Allure stands out with its top-tier amenities, designed for comfort and security:

• High-quality heat pump for efficient climate control

• Secure security door for peace of mind

• Private balcony with scenic views

• Convenient elevator access

• Dedicated parking space

• Common swimming pool for relaxation

• Stylish front façade

• Energy-saving solar water heater

• Advanced alarm system for security
  

3. The Mediterranean

This project is a perfect embodiment and representation of Greece. DKG developer has created The Mediterranean project in collaboration with a renowned architect Jean-Pierre Heim. It is a development that is infused with the olive tree symbolism that is connected to fertility, peace, prosperity, and beauty. 

This key feature of the Piraeus landscape was made with the joint forces of Jean-Pierre Heim and his daughter, Caroline Heim. She is an expert in interior design, and with her experience, they have created a perfect elegance in the interior and exterior of the project. 

The Mediterranean offers premium living with exceptional amenities:

• 24/7 concierge service

• Wellness and Fitness Center

• Spa for relaxation

• On-site restaurant

• Fully furnished units

• Modern amenities including heat pump, AC, jacuzzi, internet

• Convenient elevator access

• Sleek internal/external facade

4. Laurel

Laurel is a DKG Development project that will feature 1,200 sq.m. of retail space, leased to two Triple-A tenants. It is a perfect development with apartments to accommodate young professionals and students from the Dafni area in Athens.

It is going to include 19 units on three floors (57 in total) of serviced apartments. The surface area of each apartment is 23 sq.m, and it is an excellent investment opportunity because of its location and retail space.

Amenities included:

• Electric heating

• Terrace

• Elevator

• AC

• Wood parquet

• Equipped kitchen

• Good structural condition

• Security system

• Furnished units

• Heat pump
  

Location benefits:

• 100 m from the bus stop and pharmacy store

• 200 m from the bakery and coffee shop

• 500 m from the metro station

• 35 km from the airport

5. The Green

The Green project is built by DKG Development to include the latest bioclimatic features and strictly follows sustainability guidelines. The project offers luxurious, modern, living spaces, and at the same time, spreads awareness of environmental efficiency and civil responsibility. If you are eager about current eco-practices, but you also love a lavish lifestyle, the Green is ideal for you!

You Can't Miss The Green due to its:

• Amenities: balcony, elevator, new LED technology lighting, heating pump, aluminum joinery with double glass, security door, internet

• Fully furnished units

• Sea/Beach/Town/Mountain/Courtyard/Street/Park view
  

6. Iliso Suites

Set on the Athens Riviera, and only 6 kilometers from the city center of Athens, Pafilia’s development Iliso Suites is a contemporary project launching in April 2025, and it will feature 56 two-bedroom apartments. The apartments and the whole complex have been designed for contemporary living. All the units in the development range from 74 to 106 sq.m.

Project highlights:

• VAT-FREE 

• Offer buyers savings of 24%

• Located at the Athens Riviera which is under a €10 billion renovation with marinas, parks, casinos, hotels…

• Eco-friendly materials and environmental awareness

  
  

Nearby:

• Athens Riviera

• 1 km from the supermarket, and train or tram station

• 5-6 km from the beach and city center

• 3 km from the marina

• 44 km from the Athens International Airport

7. Orange County Residences

Orange County Residences is a V2 development collection of 11 contemporary apartments. These units are set on four levels and range from 52 to 77 sq.m. Each one of these units offers a contemporary design that finds a way to fit perfectly into the serene, lush suburb of Aharnes. The location it is set in offers a lot of possibilities to those who want to experience the best of both worlds - quiet suburbia, yet proximity to the center of events. 

8. Costa Mesa Residences

V2 Development created  Costa Mesa Residences that offer precisely that: the blend of materials, the location, and the design of the property all combined offer a wonderful fantasy.

Imagine this: a stone, glass, concrete, and pops of green set in Aharnes, a lush Greek suburban area - sounds like a modern Mediterranean castle. This project has 9 modern apartments and 3 floors. Ideal proximity to the city, while being surrounded by nature.

9. Long Beach Residences

Another project by V2 Development in Aharnes is LONG BEACH Residences which are placed in the quiet, peaceful, and verdant nature of the suburbia. It consists of six modern apartments, on three stories. One of the best selling points of these apartments is that they have peaceful environment, spacious balconies and private parking. 

Current State of the Real Estate Market in Athens in 2024

In 2024, Athens is fueled by its economic resurgence and government initiatives like the Golden Visa program, making it stand out as a prospect for property investment. It offers a variety: of affordable and luxurious properties, for everyone’s tastes and life situations. From its historical heritage to the Athenian Riviera, Athens has a lot to offer, hence its high demand and rental potential.

Athens promises a positive trajectory for real estate investments with upward trends in housing prices and a strong rental market. Therefore, it is important to understand the market dynamics and government policies to take part in buying or investing.

In the following paragraphs, we will cover two aspects that can help you on the path to Athens, the Greece Golden Visa program and commercial real estate. 

Golden Visa Program

Essentially, the Greece Golden Visa program is a residency-by-investment program launched back in 2013, and it grants a five-year residence permit in exchange for a €250,000 real estate investment in Greece. The processing time is six months, and there is no minimum stay requirement. The program increased the demand for city apartments and luxury properties.

Commercial Real Estate

Not only are the residential properties blooming in Athens, but the same goes for commercial real estate and office spaces. When the economy is booming and improving, and the location is sought-after, there is a higher demand for commercial space and construction, leading to positive real estate market growth. The surge of interest has made the market dynamic, yet also very competitive. 

There is an increase in the demand for sleek office spaces and competitive retail outlets in Athens. This is a result of strategic investment in logistics, transportation, and infrastructure. The future predictions for Athens's economic stability look promising since ongoing growth is anticipated for both residential and commercial real estate. 

Secure Financing for Your Property in Athens with Kredium

Dipping your toes into the beautiful, Mediterranean waters of the Athens real estate projects sounds like an exciting time. However, understanding all the details and making a good choice is tricky. The real estate market is broad, and there are a lot of details you need to keep in mind to actually know what kind of project, or development you’d want to invest in.

Today is your lucky day because, at Kredium, we successfully identified the ideal property and assisted with securing a mortgage in Greece for foreign buyers. Learning about the growing real estate market and economic boom in Athens, and the best developments for your life situation is something we can help you with. Contact us now, and choose your perfect investment opportunity today!

Photo Credits | Pexels