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Iliso Suites: Capitalizing on Athens’ Real Estate Renaissance

Athens’ real estate is booming, driven by foreign investment and regeneration projects like Ellinikon. Iliso Suites, ideally located in Moschato, offers strong investment potential amid rising property values.

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Athens’ Real Estate Transformation and the Rise of the Riviera

Athens’ Real Estate Transformation and the Rise of the Riviera

Athens is experiencing a significant transformation in its real estate landscape, driven by strong foreign investment, urban regeneration projects, and economic recovery. While the historic center of Athens has always been a focal point for real estate activity, recent years have seen the rise of the Athens Riviera as a new luxury hotspot. Once overshadowed by more central locations, this coastal area is rapidly becoming one of the most sought-after destinations for both homebuyers and investors.

One of the key factors fueling this shift is the rising demand for properties from international buyers who are attracted to Athens’ affordable prices compared to other European capitals. As the city’s real estate market grows in popularity, property values have increased by over 30% since 2018, highlighting Athens as a high-growth destination for investment.

Urban regeneration projects, such as the massive €10 billion Ellinikon Project, are playing a crucial role in reshaping the coastal landscape. The redevelopment of the former Athens airport is set to introduce luxury resorts, marinas, green spaces, and commercial hubs, making the Riviera an even more attractive destination. Infrastructure improvements, including metro extensions and enhanced road networks, are also increasing accessibility, further boosting demand for real estate in adjacent areas like Moschato.

 

Iliso Suites: Perfectly Positioned in a Transforming Market

At the heart of this evolving real estate scene is Iliso Suites, a luxury residential development by Pafilia Property Developers. Located in Moschato, Iliso Suites enjoys a prime position between the historic city center and the rapidly developing Ellinikon Project. Just six kilometers from central Athens and minutes from the Saronic Gulf, it offers the perfect balance of urban connectivity and coastal living.

With property prices in Athens steadily rising, Iliso Suites presents an excellent opportunity for capital appreciation. Its VAT-free status provides a 24% savings on property purchases, making it an even more attractive choice for investors. Furthermore, with starting prices from €317,000, Iliso Suites offers a highly competitive entry point for buyers looking to invest in this growing market.

As Athens cements its reputation as a top European real estate destination, Iliso Suites is poised to benefit from the city’s upward growth trajectory. Whether as a residence, a rental investment, or a long-term asset, this project represents a smart and strategic move for buyers looking to enter the Athens property market at the right time.