The “unofficial capital of the Athens Riviera,” Glyfada boasts an upscale real estate market. New to the scene is an exclusive, under-construction project, offering developers and investors a unique opportunity to acquire a collection of well-planned apartments in one of Athens’ most desirable areas.
Ready to be finished using existing or modified plans, the site is an appealing option for those looking to capitalize on Glyfada’s thriving property sector. The sale is being handled by experienced firm MA Properties.
Meticulously Designed Apartments in Glyfada
When complete, there will be 14 spacious units, with energy efficiency a firm focus. Light and modern, residents will enjoy Saronic Gulf views and easy access to Athens.
Multi-Stage Development With Returns Potential
This three-story, price-on-request development covers 2,690 square meters across 14 units, plus 2,578 square meters in the basement for vehicles and storage. Located on a 1,747-square-meter lot with an additional 195 square meters available, Stage 1 will be completed by July 2025. The next phase is open for an investor or developer to continue or customize.
The project benefits from a higher building coefficient than newer developments due to its approval before recent restrictions.
Architectural Excellence in Glyfada
Contemporary and open-plan all the way, natural light will enhance every space thanks to large windows. The high-spec design incorporates top-quality finishes, while spacious terraces will offer ample outdoor living opportunities alongside glorious sea views.
Energy efficiency – A++ – will be kept in mind, ensuring low operating costs and an eco-friendly lifestyle. On top of that, the capacious plot allows for landscaping and communal green areas, creating a tranquil, welcoming, and attractive environment.
Glyfada, Athenian Riviera, Greece
Glamorous Glyfada: Enviably Positioned and in Demand
The fashionable Athenian Riviera is home to beaches, boutiques, pavement cafés, and high-end properties and hotels. Demand for upscale real estate among international buyers is rising, and there’s growing investor appeal.
Glyfada: Athenian Riviera Gem
Increasingly a year-round home for Athenians and foreigners, the South Athens suburb is dubbed the “Hellenic Hamptons” and “Knightsbridge-on-Sea” by some. The three-kilometer-long beachfront has public and private stretches, and several marinas dot the landscape.
Meanwhile, the wider Athenian Riviera has 10 Blue Flag beaches (as of 2024) and boasts a natural environment.
Glyfada, Athenian Riviera, Greece
Glyfada offers a vibrant dining and entertainment scene, with a golf course nearby. The area features modern infrastructure and upscale properties, from apartments to villas. Just 30 minutes from Athens’ Syntagma Square and the airport, Glyfada is also accessible by coastal tram and metro.
Global Real Estate Hotspot With Investment Potential
Athenian Riviera property prices are increasing, but they’re competitive and considerably lower than France and Spain, attracting investors and developers.
Greece has a three-tier Golden Visa system; Tier A investors should consider Athens, the Greek Islands, and Thessaloniki, where the minimum amount required is €800,000. Places like Glyfada are a draw, due to significant recent regeneration.
Glyfada, Athenian Riviera, Greece
In general, Greek house values continue to rise, with urban areas going up by 7.29% in Q3 2024 from a year earlier, and Athens increasing by 7.77%.
The Glyfada project offers an exciting opportunity, with the potential for value appreciation as it progresses. The existing architectural plans are advantageous, facilitating a smooth process for investors seeking to advance the development. At the same time, there’s room for customization, if desired.
Modern & Luxurious Glyfada Residences
In a prime location close to beaches, restaurants, and other high-end properties, and within easy reach of the capital, the Glyfada project is enticing to investors and developers. The 14 apartments will be spacious, with top-tier finishes and sea-facing balconies, making them an attractive asset in the buoyant Athens real estate market. For more information, contact Ma Properties.
