{"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 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 <\/p>\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 <\/p>\n The Athens Riviera is also a good place to live abroad comfortable and enjoy life. This part of Athens is favored by those who value prestige and comfort.<\/span><\/p>\n <\/p>\n Palaio Faliro, a coastal district and 10-minute drive away from the center of Athens, is among locals\u2019 favorite places for relaxation. It is always busy here, with Athenians and tourists strolling along the coast and bathing on the local beaches (one of the most popular is the sandy Eden). One of Athens\u2019 largest harbors, Flisvos Marina, is located here.<\/span><\/p>\n <\/p>\n Glyfada, the largest of Athens\u2019 southern suburbs, is traditionally considered the capital’s nightlife and entertainment hub. Glyfada is believed to be a prestigious neighborhood, and many Greek celebrities \u2014 singers, actors, and athletes \u2014 buy apartments here. One of the most popular places in Glyfada is the local golf club, Glyfada Golf Course.<\/span><\/p>\n <\/p>\n Voula is located 3 km to the south of Glyfada. The suburb is known for its beaches: Voula A boasts a\u00a0Blue\u00a0Flag, which is\u00a0only awarded to\u00a0environmentally friendly beaches that comply with stringent safety and water quality standards, and Voula B is accessible for people with disabilities.<\/span><\/p>\n <\/p>\n Vouliagmeni, a suburb full of greenery with luxurious villas and the city\u2019s best hotels, is located 30 minutes from the center of Athens by car. One of the jewels of the suburb is the eponymous rockbound lake which is good for bathing throughout the year.<\/span><\/p>\n <\/p>\n Varkiza is the perfect beach holiday destination. The local beaches have been awarded Blue Flags for their quality, and the watersports aficionados will find everything they need here (windsurfers will be particularly pleased).<\/span><\/p>\n Average residential property prices on the Athens Riviera*<\/span><\/p>\nInvestment Prospects<\/b><\/h2>\n
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Places to Live <\/b><\/h2>\n
Palaio Faliro<\/b><\/h3>\n
Glyfada<\/b><\/h3>\n
Voula<\/b><\/h3>\n
Vouliagmeni<\/b><\/h3>\n
Varkiza<\/b><\/h3>\n