The area known today as Elliniko was primarily pastureland until the early decades of the 20th century, owned by Ottoman-era Pasha Hassan. It later became the site of a quarantine station — known as Limokathartirio — hence its old name “Loimiko.” In the early 1900s, the name was changed to Elliniko, meaning “Hellenic”
Located on the celebrated Athenian Riviera, Elliniko is a coastal suburb roughly 7 km south of central Athens, with the Saronic Gulf as its front yard. This low‑density, green residential zone lies adjacent to Glyfada to the west and benefits from a well-established neighborhood character in its eastern areas.
Urban Regeneration & The Ellinikon Project
This area is the site of Europe’s largest urban regeneration scheme—the Hellenikon Metropolitan Park redevelopment on the old Ellinikon Airport grounds. The 6.2 million m² project includes a 263-hectare park plus luxury residences, offices, hotels (including Hard Rock Casino), marina, shopping centre, and Greece’s tallest 200 m Riviera Tower, due to complete by 2026. Phase 1 will deliver the park, Riviera Tower, and initial amenities by 2025–2026.
Infrastructure & Connectivity
Transport connectivity is excellent: the Elliniko Metro station (Line 2) and tram system provide fast links to Syntagma, Piraeus, and the airport. Driving times: ~25 min to Piraeus, ~40 min to the airport.
The reconstruction and undergrounding of Poseidonos Avenue will create a continuous network of cycling, walking and recreational routes, seamlessly connecting coast, park, and neighbourhoods.
Local Amenities & Lifestyle
Proximity to beaches, seaside dining, cafés, clubs and Alimos Marina delivers coastal lifestyle flair; cultural hubs such as the SNFCC and Onassis Stegi lie nearby.
Existing infrastructure includes schools across all levels and local commercial streets, while planned developments include hospitals, private schools, conference and sports venues.
Investment Advantages
Capital growth potential is significant. The redevelopment has already reversed a property slump and attracted strong domestic and international interest, especially via Golden Visa investors.
First-phase residential units in “Little Athens” exceed €8,500 per m², and sales have already generated over €1.2B in value.
Job creation is projected at 70,000–85,000 jobs, along with anticipated one million annual tourists, reinforcing long‑term demand for residential and commercial property.
Investors benefit from a fully private‑funded infrastructure framework, minimizing public-sector delay risk.
7 km south of Athens centre
600-acre park, marina, hotel & casino, retail, tower
Transport Metro, tram, future cycling/recreation paths
Lifestyle & Culture Beachfront dining, marinas
Development Timeline Park & commercial core by 2026; full build‑out by 2030+
70% green smart city systems
