“I live on the Riviera.” These are among the most coveted words anyone can say. All of the world’s most beautiful cities and countries have one – France (the most famous, of course), Italy, Spain, Switzerland, Albania, even Budva – and it’s one of the most prestigious regions to own a home in.
In Greece, those who are looking for the same privileged quality of life often choose to buy a luxury property in the southern suburbs of Athens, also known as the Athenian Riviera or Athens Riviera. Can you blame them?
Real estate in the south
Buying property on the Athenian Riviera, a coastal resort on the southernmost point of the Attica peninsula stretching from Piraeus to Cape Sounion (home of the Temple of Poseidon) on the Saronic Gulf, is a symbol of status, one that will instantly put you on the map.
What map, you ask? The map of smart and savvy investors who also caught wind of the global trends shaking up the real estate market in Greece, and noticed that the prices of properties in the southern suburbs of Athens have dropped considerably when compared to its counterpart on the Côte d’Azur. It’s no wonder that 80% of property searches in the Greater Athens area is attributed to the Athenian Riviera. (according to Ekathimerini, a Greek web portal).
Like we said, who can blame them? Living on the coast is very attractive, especially with this selection of idyllic beaches, sparkling marinas, luxury hotels, seafood restaurants, shopping centers, and buzzing nightlife. In other words, it’s a total catch. Not to mention, the Athenian Riviera and its collection of high-profile suburbs are home to ultra-luxurious mansions boasting breathtaking sea views and private yachts docked at the marinas. Whether as a permanent residence or vacation home, just imagine discussing a quick trip to the nearby Greek Isles with your family over morning coffee. Ideal, no?
Here’s a tip: Property value in the southern suburbs of Athens is about to skyrocket thanks to The Hellinikon Project, a groundbreaking multibillion-dollar redevelopment of Athens’s old airport that’s currently underway. Add this new piece of information to the fact that Athens is a timeless and beloved tourist destination in constant development, and you got yourself a very safe bet.
Suburbs by the sea
To buy a prestigious property in the Athenian Riviera is to live in a chic neighborhood between the city and sea. These luxurious villas and extravagant mansions with swimming pools and landscaped gardens are situated on huge plots hidden between luscious greenery, sandy bays, and emerald waters. The atmosphere in the southern suburbs is tranquil, private and quite discreet, making the quality of life all the more high, and coveted.
Fortunately, the Athenian Riviera hosts a number of affluent residential areas that you can choose from. The largest, lushest, and most illustrious of them all is Glyfada, with its reputation as the nightlife capital of the southern suburbs – and that’s not all. It’s widely known that many Greek celebrities and influential personalities have decided to buy an exceptional residence in Glyfada, and so it has been exclusively dubbed the “Hellenic Hamptons” and the “Beverly Hills of Greece.” On the calmer side, the Glyfada Golf Course is a welcomed and popular getaway from all the action.
A little more to the south is the easy, breezy, and beautiful municipality of Vari-Voula-Vouliagmeni, located approximately 30 minutes from the center of Athens. Buyers in search of a prime beachfront locale with a diverse natural landscape – rocky terrain, wild green spaces, lakes, and an altogether eco-friendly living environment – choose to buy a high-end residence, house, villa, or apartment in the suburbs of Varkiza, Voula, or Vouliagmeni. These areas are popular resorts for luxury hospitality proficient in the art of leisure. It’s an invitation to take it easy or stay active with a myriad of water sports. To match the beautiful blue of the sea, these neighborhoods proudly boast a Blue Flag, awarded by the Foundation for Environmental Education for their efforts in sustainable living. Harmony between nature and residents assured.
Our advice? Now’s the time to make your move, to get on the map, and invest in Athenian Riviera. Buy a beautiful residence in the southern suburbs of Athens, before it’s too late.