{"id":34676,"date":"2018-02-10T03:22:43","date_gmt":"2018-02-10T08:22:43","guid":{"rendered":"https:\/\/www.escapeartist.com\/?p=34676"},"modified":"2020-09-10T06:40:11","modified_gmt":"2020-09-10T10:40:11","slug":"the-athens-riviera-a-place-to-live-and-invest","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/the-athens-riviera-a-place-to-live-and-invest\/","title":{"rendered":"The Athens Riviera: A Place To Live And Invest"},"content":{"rendered":"

The Athens Riviera: A Place To Live And Invest.<\/strong><\/h2>\n

The Athens Riviera comprises the southern suburbs of Athens, occupying the Saronic Gulf coast from Piraeus to Cape Sounion. It includes Palaio Faliro, Glyfada,\u00a0Voula, Vouliagmeni, and Varkiza. With their beaches, marinas, luxurious hotels, restaurants, boutiques, and nightclubs these areas are equally popular with tourists and residents of the capital.<\/span><\/p>\n

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Investment Prospects<\/b><\/h2>\n

According to the Greek web portal, Ekathimerini, Athens\u2019 southern suburbs account for about 80% of property requests in Greater Athens. The citizens of other EU countries and applicants to the <\/span>Greek residence-by-investment programme<\/span><\/a> often buy holiday homes here. <\/span><\/p>\n

Property is several times cheaper on the Athens Riviera than the C\u00f4te d’Azur. According to the Bank of Greece, <\/span>property in Athens<\/span><\/a> today is almost twice cheaper than before the crisis. Analysts believe prices will grow in the future. The main driver is the growth in the number of tourists. In 2017, the Athens International Airport welcomed over 14 million international passengers, which is 12% more than in 2016. According to GTR, the volume of investment in the Athens Riviera will exceed \u20ac10 billion in the near future as a number of high-end resort complexes, villas, shopping centers, and marinas will be built there. The media has provided regular coverage of several high-profile projects in recent years:<\/span><\/p>\n