Buying Property in Elliniko, Athens Riviera

Elliniko (Ellinikon) is the most talked-about address on the Athens Riviera — the site of The Ellinikon, an €8 billion urban regeneration of the former Athens airport that is reshaping the entire southern coast. Between Glyfada and Alimos, about 12 km from central Athens, Elliniko is transforming from a quiet suburb into one of Europe's most ambitious new waterfront districts, and property values are rising with it.

Quick Facts

Location: South Athens / Athens Riviera, between Glyfada and Alimos; metro and tram access; ~25 minutes to the airport.
Best for: capital-growth investment, new-build apartments, buyers wanting to enter ahead of The Ellinikon's completion.
Property types: new-build apartments and maisonettes, branded residences within The Ellinikon, and existing homes in the surrounding suburb.
Indicative prices (2026): €5,000–€8,000+ per m²; homes from about €450,000 to €6M+.
Golden Visa: Elliniko is in the Attica €800,000 investment zone.

Overview

The Ellinikon brings a vast coastal park, a marina, a shopping district, the Riviera Tower (the tallest building in Greece) and branded residences to Elliniko, alongside upgraded transport and public space. The surrounding suburb benefits directly: new developments, improving infrastructure and a powerful regeneration story drive some of the strongest appreciation expectations on the Riviera.

Market & 2026 Prices

Elliniko prices have risen sharply with The Ellinikon and continue to climb. New-build apartments trade at roughly €5,000–€7,000 per m² in the wider suburb, with branded and prime product inside the development reaching €8,000+ per m². New two-bedroom apartments typically start around €450,000–€750,000, larger homes from about €800,000–€2M, and premium residences from €2M to €6M+.

Who Buys & Lifestyle

Elliniko attracts capital-growth investors, international and US buyers positioning ahead of completion, and lifestyle purchasers drawn to the new park, marina and waterfront amenities. Residents gain Riviera beaches, the coastal avenue, the metro and tram, and Glyfada's shopping minutes away.

Buying & Golden Visa

Elliniko lies within the Attica region, where Greece's Golden Visa requires a minimum €800,000 investment in a single property; qualifying homes meet the threshold. Capital-gains tax on resale remains suspended for individuals through 31 December 2026. Buy Greece LLC guides international buyers through new-build reservations, due diligence, the purchase and the Golden Visa process.

Frequently Asked Questions

Why invest in Elliniko now? The €8 billion Ellinikon regeneration — park, marina, shopping and the Riviera Tower — is driving strong appreciation, and buying ahead of completion positions investors for capital growth.

How much does property cost in Elliniko in 2026? Roughly €5,000–€8,000+ per m². New two-bedroom apartments start around €450,000–€750,000; premium residences range from €2M to €6M+.

Is Elliniko Golden Visa eligible? Yes, for homes priced at €800,000 or more — the Attica-region threshold.

Browse current Elliniko listings or contact Buy Greece LLC for new-build and Ellinikon opportunities.