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2025 at 12:57 PM EDTBookmarkSaveTakeaways NEWItalian fintech tycoon Andrea Pignataro is developing a plan for a €2 billion ($2.2 billion) technology hub on the Greek coast that would host as many as 3,000 people
Pignataro is working with architect Renzo Piano on the campus for ION Group in Anavyssos
according to people familiar with the matter
The site would let ION centralize its research and development operations
which are currently spread across countries including the US
Consultation on the new zoning plan for tourism is expected to begin soon and to serve as the main instrument for imposing restrictions on the number of short-term rental assets
the exact content of restrictions is unclear
but the inclusion of a number of areas of Attica in the relevant provisions seems to be a harbinger of future developments
one of the main elements of the new zoning plan provides for restrictions on the number of accommodations
it will be foreseen to set “limitations on the number of sharing tourism spaces and simple rented rooms
as a percentage of the beds of the main tourist accommodation” in the “control areas” and in the “developed areas.” The latter concern Attica and Thessaloniki
given the shortage of houses to buy or rent and the housing crisis this has created
Standing out in Attica among the “developed areas” are downtown Athens
However the bulk belongs to the center of Athens with 16,900 accommodations
while the other 4,882 assets are located in all other regions
in some of them it is not clear where the interventions will be focused
How the selection has been made has raised questions
both due to the low penetration of short-term rentals and the fact they are not areas with a deficit housing and high demand from long-term tenants
the “control areas” include districts that are in very strong demand
the phenomenon of shortage in housing for students or public officials is observed every year
so the search for solutions is now imperative
These are the municipal units Paralia in Pieria
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summer temperatures remain and nearby getaways for the coolness of the sea seem indispensable
Contrary to those returning from their holidays and saying “good winter”
at the following 5 beaches located within walking distance of the capital
you can continue to enjoy the sun and sea until the weather no longer allows it
is one of the most beautiful beaches in Attica
It is worth a day trip to Psatha to enjoy swimming and the view of the Corinthian Gulf
crystal clear waters and fine pebbles make up the scenery at this huge beach that resembles an Aegean island
Tavernas and ouzerias on the beach complete the scenery
on the coast of the Corinthian Gulf and at the foot of Kithairon
is just the place for a mini excursion in Attica
The busiest beach is what is called for obvious reasons the “middle beach”
which is pebbly and with plenty of shade from the tamarisks
We recommend you also visit the lovely Proseli
which has easy access and crystal clear waters and is sheltered from the local northerly winds
In the area there are also nice tavernas by the sea for fresh fish
Agios Nikolaos Anavyssos is one of the most unique beaches in Attica
Just before the long beach of Anavyssos and after meeting the sign with the School of Tourism Professionals
turn right and follow the road to the beach
A wide strip of sand joins Attica with the islet where the chapel of Agios Nikolaos is located
The wonderful landscape gives you the impression that you are somewhere in Crete
The beach is long and organized in one part
If you go up the hill where the homonymous chapel is located and follow the right path on the back side
you will find yourself in an unseen creek with crystal clear waters
but it remains one of the most unique beaches in Attica
giving you the feeling of being on an island
The beach is about 55 km from the centre of Athens and is located just before Legreina
As soon as you see the sign that says “Property of KAPE” you follow the dirt road that leads to a parking lot
go down the (about 100) steps and you are on a lovely beach with fine sand and turquoise waters
In recent years it has become extremely popular and especially at weekends it attracts a lot of people
there is the adjacent and equally enchanting cove
which is preferred by those who want to go skinny dipping
Beach of the Archaeological Site of Heraion Perachora
Loutraki is a nice choice for weekend getaways – and not only – since it is only 80 km from Athens
and offers many options for swimming in crystal clear waters
we recommend a visit to the archaeological site of Heraion
located at the end of the peninsula of Perachora
just 20 minutes from Loutraki and 10 minutes from Perachora
the ruins of an ancient temple dedicated to the goddess Hera are preserved
sandy beach with a small pebble beach and wonderful waters for diving awaits you
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and much more await us at the beach bars of the southern coast of Athens
one of the most famous beach clubs of Athens
It’s become a destination on the Athenian Riviera when you want to escape from everyday life and relax on the sunbeds
enjoying the sea and golden sand during the day
sipping a drink or cocktail as the sun sets
the Macaw beach bar offers everything you need for a pleasant day by the sea
On the sunbeds in front of the beach and at the tables higher up on the beach
you can enjoy your morning coffee or a meal all day
to a cocktail with a view of the sunset or later under the moonlight
Akanthus also offers all-day escapes for a swim at Alimos beach
Grab a spot on the sunbeds with your friends and then enjoy Mediterranean cuisine dishes or a cocktail with a view of the horizon and nice background music
Bikini beach bar offers sunbeds along the beach
from where you can gaze at the beautiful sea view for hours – and of course
The music plays non-stop and gets you in the mood to order your cocktail to fully experience the moment
DOT Beach Vibes promises to make the summer in the city enjoyable
with coffee and brunch options in the morning
as well as carefully prepared dishes in its restaurant area as the day goes by
The new beach bar-restaurant (at the same beach as above- mentioned DOT) is an all-day project that combines swimming and relaxation by the sea with a bar-restaurant serving Mediterranean fusion cuisine
giving you plenty of reasons to enjoy your time here at any hour of the day
You’ll find the beach outfitted with specially designed cabanas
In Kavouri (Vouliagmeni) in front of the luxurious Divani Apollon Palace & Thalasso hotel
From early morning until the magnificent sunsets
Trypia Varka is an all-day concept on the beach of Kavouri
Although a restaurant (offering seafood and meat dishes)
it has some umbrellas with sunbeds right in front of the sea
where you can sit and have a great day full of swims in the water
Located in a cove in Vouliagmeni that resembles an island landscape
Krabo exudes a boho aesthetic reminiscent of an exotic destination
Whether you sit on the sunbeds that stretch along the shore or in the restaurant area
one thing is for sure – you will feel the summer in the city
Zen Beach in Vouliagmeni will transport you far away from the city to island destinations
as the scenery alone and the overall vibes of the place will make you relax and forget about obligations
The comfortable sunbeds contribute to this
while the restaurant completes the beautiful experience
Η δημοσίευση κοινοποιήθηκε από το χρήστη Astir Beach (@astirbeachgr)
Astir Beach in Vouliagmeni is one of the most prestigious and well-known beaches in the Athenian Riviera
It offers a blend of natural beauty and upscale amenities
It’s a popular destination for both locals and international visitors looking for a premium beach experience
Royal Beach in Vouliagmeni welcomes us for another year to experience moments of relaxation and gastronomic delight in one of the most idyllic locations on the coastline
it also welcomed Goya Gastro-bar to its premises
overlooking the bay and the distant horizon
is also a favorite choice of the southern – and not only – crowd for swimming in the sea and relaxation on the sunbeds
The beach stretches over a large area and despite the crowds
you won’t have trouble finding your own spot
Η δημοσίευση κοινοποιήθηκε από το χρήστη Pere Ubu à la plage (@pere_ubu_a_la_plage)
has “landed” on the beach of Varkiza with its summer concept by the sea
A spot on the comfortable sunbeds is a must
but it’s also worth sitting on the couches with retro vibes and enjoying your drinks with friends
which first opened in Argyroupoli (one of the southern Suburbs of Athens) offering premium drinks
has made its appearance on the beach of Varkiza
It features umbrellas on the beach for relaxing moments by the sea
private live cooking & cocktail making
it took its boards and came down to Varkiza – in addition to Glyfada
Holy Spirit is the place where we go to escape the hot city atmosphere
and enjoy the unique cocktails of the experienced team
offering equally good services and amenities to make your stay on the beach as enjoyable as possible
or later enjoy our cocktail while also enjoying our swims
As you leave the main area of the southern suburbs of Athens and head towards Sounio along the Athenian Riviera
The Tahiti beach bar will draw you towards it thanks to its nice vibes
with a tropical atmosphere that takes you even further away
and be sure that you will have a perfect day at the sea
Plus: Stay for the beach parties in the evening
Arriving at Lagonissi (a coastal area offering clear waters and stunning views of the Saronic Gulf
just about 30 kilometers from central Athens) you will find El Pouda
that resembles a little paradise as it is surrounded by plenty of greenery with the azure waters in front completing the puzzle of enjoyment
Note that here you will see a beautiful sunset if you decide to stay until late
Grand Beach is a luxury beach area associated with the Grand Resort Lagonissi
Grand beach invites you this summer to enjoy unique moments of relaxation with high-level amenities
You can relax on the comfortable sunbeds and enjoy the sun all day long
while later you can taste a wonderful snack or a creative meal at the Poseidon Restaurant
If you’re looking for a bit of adrenaline
you can also opt for a water sport activity here
Mavro Lithari Beach is one of the most famous beaches in Athens The clear and calm waters most days of the summer allow for playing in the sea
as well as endless dives for those who can’t get enough of swimming
The beach bar of the same name features comfortable sunbeds
It’s ideal for enjoying a day at the beach with a laid-back vibe
besides sunbathing on comfortable sun loungers
while there is also a fun water park in the sea for games that will delight both young and old
On the beach of Agios Nikolaos in Anavyssos and just a few meters from the picturesque church of the same name
Nuevo Loca beach bar is a well-organized beach equipped with comfortable sunbeds
and a bar for coffee or cocktails accompanied by music from DJs on weekends
(a well-known coastal destination of the Athens Riviera situated about 40 kilometers -or 25 miles- from central Athens) you ‘ll have plenty of options to relax and have fun
that awaits you from morning until late at night for enjoyable moments by the sea
The music played here and the overall vibes of the place make it ideal for summer outings with friends
Η δημοσίευση κοινοποιήθηκε από το χρήστη Castus Beach 🪻 (@castusbeach)
In a wonderful boho setting with the blue sea in the background at the famous Alykes Beach
Cactus creates an idyllic atmosphere of relaxation and fun
Poufs and sunbeds spread out on the beach while the spot is perfect for all-day enjoyment
Another bohemian spot on Alykes Beach: Alopigia transports you to more exotic destinations while maintaining a beautiful
The day starts with coffee or juice and a snack
and along the way prepares great cocktails that
Nossa is also situated in Alykes Beach becoming a destination for summer getaways and offering everything you need to have a great day at the beach
This restaurant in Anavyssos that has its own sunbeds on the beach emits that relaxed feeling you seek in the midst of summer
you can also go up to the restaurant area after a day at the sea and try their offerings
Para-Dais is another option for our stay by the sea
and note that in the evening it hosts live performances with Greek artists and the fun goes up
You will recognize the large beach of Thymari thanks to its width
as well as the characteristic beach bar of the area
There you can sit on a sunbed with all your comfort and necessities
gazing at the slightly “wild” scenery around
offers shade and comfortable sunbeds by the sea to enjoy your morning coffee and all kinds of snacks
as well as cocktails since it stays open until late at night
All this in a relaxed atmosphere every hour of the day
About 5 kilometers before Sounio and the iconic Temple of Poseidon
the beach of Charakas with its crystal clear waters and sandy shore makes the perfect spot for anyone who wants to enjoy a relaxing day by the sea
we recommend you to sit until late afternoon to see one of the most beautiful sunsets on the Riviera
overlooking the Temple of Poseidon in Sounio
you will find the Aegeon Beach Hotel and its organized beach
The beautiful sandy beach and crystal clear waters make the spot ideal for families with children
There are two beach bars and a restaurant on the beach
Four major fires were raging in Greece on Monday evening
Colonel Yiannis Artopios during the first of two special briefings on Monday evening ANA reports
Two of the four big fires broke out in Attica - at Kouvaras (Southeast Attica) and at Dervenoxoria (North Attica) -
one in the forest area of Kallithea (southeast of Loutraki
and a fourth at Kaparelli in Boeotia (Viotia)
Police have shut down circulation again on the Athens-Sounion highway due to the spread of the fire
traffic is closed off from the Athens-Sounion and Kalyvia highways towards Sounion; the Athens-Sounion and Saronia highways towards Athens; and the rural Keratea-Anavyssos road from Keratea to Anavyssos
police have blocked traffic from the Elefsina-Thivon rural road
from Mandra intersection towards Thebes; from Fylis street
starting from the Church of the Dormition of the Virgin Mary (Kimisseos Theotokou) at Kleista; and at the Inoi-Magoula rural road
As to the new Athens-Corinth national highway
police announced they had opened the highway but only for traffic heading to Athens
on the old Athens-Corinth national highway
circulation was restored in both directions
Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Panagiotis Botsis
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Two speedboats that participated in the shooting of the movie My Big Fat Greek Wedding 3 in Palea Fokea collided
resulting in eight production technicians thrown into the sea
two speedboats with a total of 16 people on board – Greek and foreign actors and film crew technicians – collided in the sea area of Thymari in Palea Fokea near Anavyssos
The collision overturned one of the two speedboats – on which filmmakers and sound engineers were riding
eight eight people and their expensive equipment thrown into sea
some of the seven production boats rushed to the spot who were in the shooting area and collected them
According to Proto Thema
the collision was due to a poor calculation of speed and distance between the two boats
the boat with the actors would pass quickly near the boat that was with the cinema cameras to make a close and impressive shot
probably due to a miscalculation of the distance and the speed
collided with the back right part of the boat where the technicians were riding
with all of their equipment also falling into the sea
was slightly injured and was transported to a local hospital by ambulance for precautionary reasons
he was more shocked and did not suffer any injuries
The other seven passengers went to a private clinic for precautionary reasons
The other speedboat was carrying eight other actors
The plastic speedboat that overturned was towed by onshore production
The Coast Guard post on Twitter about the incident
Σύγκρουση 2 T/Χ σκαφών με συνολικά 16 επιβαίνοντες στη θαλ.περ
Θυμάρι Παλαιάς Φώκαιας με αποτέλεσμα τον ελαφρύ τραυματισμό ενός εκ των επιβαινοντων
O ανωτέρω μεταφέρεται με ασθενοφόρο όχημα σε εφημερεύον νοσοκομείο ενώ οι υπόλοιποι 15 έχουν εξέλθει καλά στη υγεία τους
— ΛΙΜΕΝΙΚΟ ΣΩΜΑ (@HCoastGuard) June 24, 2022
preparations began for the shooting in the port of Rafina of Nia Vardalos’ new film My Big Fat Greek Wedding 3
After the tremendous success of the first film My Big Fat Greek Wedding
there was the success of the second film My Big Fat Greek Wedding 2
but now it is time for the third film in the series
READ MORE: Nia Vardalos announces ‘My Big Fat Greek Wedding 3’ is filming
A big wildfire broke out southeast of the Greek capital near Keratea on Saturday evening
with residents in one settlement told to move to a safer area
The flames were burning low grassland but there were scattered houses in the area which could be threatened
More than 100 firefighters with 30 vehicles and four units on foot have been deployed
an emergency alert message was issued to residents of Ano Daskalio to evacuate towards Keratea
traffic has been diverted at the junction of Lavrio Avenue and the Keratea–Anavyssos secondary road
told Kathimerini that the flames had reached the first houses but residents had been evacuated in time
the fire touched the first houses,” but no damages have been reported
adding that municipal crews are currently trying to open a fire zone to stop the flames
More demolitions of illegal buildings in Attica has commenced
with a beach bar operated by a hotel on the beach of Anavyssos being torn down on Monday
Customers of the hotel were left shocked when they heard police officers urging them to leave the beach bar because demolishing works were about to begin
Bulldozers had arrived early Monday morning to demolish four illegally constructed buildings and several kiosks on the premises of the hotel located on Sounio highway
According to the environment and energy ministry
the execution of a demolition protocol for the specific building had been pending since January 1997
The authorities have examined over 50 illegal buildings in the coastal zone and in forest areas along the Athens-Sounio coastline
while demolitions in the area of Grammatiko
demolitions of illegal buildings obstructing watercourses in Mandra are expected to start shortly
the government is set to proceed with a number of demolitions across Greece
including areas of the Peloponnese and the Ionian islands
A coroner’s report on Monday confirmed that the death last Wednesday of a German hiker in the Samaria gorge on the island of Crete was due to excessive bleeding after she was struck by falling rocks
The forensic examination showed “oligemic shock from the traumatic rupture of lower extremity vessels.”
The accident occurred after a sudden downpour resulted in landslides in many parts of the gorge
The stones that fell from above hit the 35-year-old woman
The Samaria Gorge is a popular tourist attraction
Summer's warmth is steadily becoming palpable
but there's no need to venture far from the capital to revel in the…
the beaches of the country grow more bustling by the day
the customary plans for the summer are underway; it is
the season when most are putting the finishing touches on their holiday arrangements
scheduling time off or securing tickets to their chosen destinations
Yet for those dwelling or on extended stay in the capital, there’s no need to wait for the holiday period to relish the sea. A mere 1.5 hours’ drive from Athens
you’ll find beaches perfect for the inaugural plunges of the summer season
They’re the retreats you can escape to either on weekends or some afternoons following the end of the working hours
the not-so-well-known Agios Petros in Sounio
and even destinations beyond Attica – like the tranquil Korfo of Corinth or Flambouro in Loutraki – offer something for everyone
They cater equally to young couples longing for an escape from the city and to families seeking moments of carefree bliss
making you forget that you are near Athens and not on some distant island
as for decades it has been one of Athens‘ residents’ most beloved summer spots
It’s even served as the cinematic backdrop to films
relished starting his day with an invigorating dip at this renowned beach
before heading off to his office in the capital
remains unscathed by the summer’s meltemi winds
It’s an idyllic spot for families with young kids
offering both organised and free-roaming areas
tucked away in the northeastern extremity of the Marathon plain
a breezy 50-kilometre drive from the heart of Athens
It’ll take you around an hour to reach here
even holding historical significance as the westernmost point where the ancient Battle of Marathon (490 BC) is believed to have taken place
One of its most captivating features is the surrounding stone pine forest
counted among the most significant in Greece
boasting the rare pine species Pinus Pinea
In just under 50 minutes from the capital’s centre
heading towards Anavyssos via the Athens-Sounio highway (taking the route to Palaia Fokaia)
you’ll find the enchanting beach of St
right beneath the School of Tourism Professions
the wide sandy beach and the blue-emerald hues of the sea are bound to strike you
reminding many of Bella Vraka in Syvota or the famous Balos in Crete
so it’s best to arrive early in the morning
it’s your pick whether to relax at the organised beach or venture into the unorganised section
There’s even a secluded little cove suitable for naturists
Agios Petros (Saint Peter’s) will gift you a truly unparalleled experience
you’ll find yourself swimming with an unbroken vista of the imposing ancient Temple of Poseidon at Sounion
all set within a region declared a national park
And all this just a 68-kilometre drive from the heart of Athens
a journey you’ll cover in 1 hour 15 minutes (or at most 1.5 hours
you’ll spot a direction sign just before you reach Sounion
standing out once you pass the grand hotel unit in Legraina
The water at Agios Petros is crystal clear
and it’s a rare day when you find it troubled
as the coast is naturally protected from the winds
although it has become a favourite among those with boats
which you’ll see anchored in deeper waters
the beach is entirely unorganised: family outings are welcome
just make sure to bring along your umbrella and beach mats
Flampouro is a stunning 150-meter beach with fine pebbles mixed with sand
which remains relatively unknown to Athenians
thus avoiding mass gatherings – even at the peak of the summer
are absolutely captivated by the abundant greenery (low vegetation
as it’s only 6 kilometres from Loutraki
rest assured it’ll take no more than 1.5 hours to get here
as there’s a well-organised section (umbrellas
but also ample space for those who prefer to bring their own gear
It’s also a beach naturally shielded from strong summer winds (meltemia)
ideal for those arriving in family groups with young children
many choose to linger until late in the afternoon
taking advantage of the opportunity to witness the stunning sunset
Although Corinthia’s side gazing into the Corinthian Gulf is well-trodden by Athenian dwellers
the coastal area bordering the Saronic remains uncharted territory
you’ll stumble upon the idyllic hamlet of Korfos
which will undoubtedly cast a spell on you
With its verdant slopes (densely populated by olive groves and pines) cascading down to sandy beaches
the village is evocative of an island from the Northern Sporades
rather than a typical landscape in the mainland Peloponnese
The sea is nothing short of magnificent – pure and devoid of sudden depths
making it suitable even for the little ones
diving enthusiasts have noted its beautiful seabed
where fish and octopi are abundant due to the rocky formations
Korfos boasts well-developed tourism infrastructure
offering both accommodation and dining options for those who wish to spend a relaxed weekend
it has occasionally served as a sanctuary for notable political figures
It’s also an ideal destination for those craving a brief escape from Athens‘ bustling everyday life
Agistri: Escape to the pine-covered island of the Argosaronic Gulf
Aegina: The most famous of the islands close to Athens
24 hours on Hydra, the Charm of Greece’s Saronic Gulf
Take note of these food spots if preparing to head to nearby beaches in the wider Athens area
we’re back from our summer holiday breaks
but this does mean we should put a lid on our activities and start feeling gloomy
The charismatic coastline of the wider Athens area always offers precious nearby escape from the city pressure
that will add scrumptious taste to your swimming excursions
The renowned seaside complex offers many activities on Varkiza beach as well as a wide range of dining options catering to different tastes
which begins the day serving at the beach daybeds and continues service at its spacious restaurant space
cocktails and atmosphere that transports to faraway Mexico
Varkiza Beach, tel. +30 2104511888, https://www.varkizaresort.gr
so making a table reservation is recommended
including crayfish recipes and seabass (lavraki) ceviche with citrus juice
The knowledgeable wine list offers selections from Greek and foreign wineries
homemade ravani (syrupy cake) with vanilla ice cream is served
Lagonisi, +30 22910 26388, Facebook kyrapopiseafood
offering a comfortable outdoor space with a sea view
scomber and other meze selections that can be picked from a smorgasbord tray brought to you and continue with fresh seabass or gilt-head on the grill
This impressively refurbished hotel offers a variety of food choices
It offers a snack menu at the resort’s beach bar
food of Greek and Mediterranean principles
ideal for the sunset hours colouring the spot’s veranda
Anavyssos, +30 22910 60031, https://www.evereden.gr
says plenty about this fish taverna with a loyal customer base at the end of the Legrena seaside road
prawn saganaki (prawns cooked in spicy tomato-based sauce
and baked in the oven) as well as fresh fish
Legrena +30 22920 51221, Facebook Marida Sounio
It is one of the properties of rare beauty and unique location of the Athenian Riviera
a few meters from the sea and with a breathtaking view of the endless blue
The reason is the villa in Anavyssos that belonged to the Nikas family – of the famous sausage industry – and which has its own history
As “THEMA” reveals today
this unique villa has been put up for sale by a large real estate agency at a price of 20 million euros
which certainly ranks it among the most expensive properties currently for sale in Greece
The sale has been undertaken by the Greek office of Barnes International Realty
This is one of the most popular international real estate agencies
which certainly has the necessary access to the target group of those who could pay the staggering sum of 20 million euros to acquire a magnificent property in the rapidly rising parallel front of Attica
The description of the property by the real estate agency is similar to the price
where it talks about “a unique villa in the coastal zone of Anavyssos
in one of the most privileged locations of the Athenian Riviera
but also about a “private paradise on the beach
and at the same time within walking distance from the capital”
the nearly 1,000 sq ft mansion is developed on three levels and has 8 bedrooms
of which 680 are main rooms and 274 are auxiliary rooms
creating an ideal space for relaxation and tranquility”
On the ground floor there is a spacious living room with a comfortable dining area and a fully equipped kitchen
while the open-plan layout connects the interiors to the wonderful outdoor spaces
On the same level there is also 1 en-suite bedroom
as well as the service rooms with their bathrooms
while the second bedroom has direct access to the pool on this level
the facilities include 3 additional en-suite bedrooms
changing rooms and plenty of storage space
The exterior of the villa is equally impressive and includes the main swimming pool with seating areas
the covered parking area can accommodate up to six cars
the residence has been recently renovated with high quality materials and offers unique views from both the indoor and outdoor areas
the Energy Performance Certificate is currently being issued
For those who were familiar with this property in person or from past photos
the radical renovation is obvious both inside and around the property
this is one of the most privileged properties that have come up for sale this season
as it is built literally a breath away from the sea and in front of a beautiful but not “private” beach
so during the summer months many people flood it to get a breath of fresh air
It is worth mentioning that in the same area there are several impressive properties of well-known shipowner and business families
which give it an even more intense colour of luxury
It should also be noted that the asking price today is double what the Nika family sought to collect in the past
But this is obviously justified on the one hand by the fact that the property has undergone a significant investment for its renovation
in a strategic point of the Athenian Riviera
which is becoming one of the most “hot” destinations due to its transformation and soaring values
with the ultra-luxury “One & Only Aesthesis” in Asteria Glyfada
as well as with a number of other major investments
A further reason is that of course the real estate market has now entered a completely different phase and a strongly upward trend compared to even a few years earlier
when “THEMA” revealed the first sale for this particular villa
It was at a time when the country was mired in the economic crisis and the Nika family
particularly the son of the iconic sausage maker Panagiotis Nika
had already spread his wings on the other side of the Atlantic
With the heavy clouds of the recession having flattened business and the real estate market
the Nika family decided to put their impressive villa for sale
located in a picturesque creek with a small beach facing the island of Azerdas
this particular mansion ranked among the most expensive properties on the Greek market
That’s why it was entrusted to one of the largest and most historic Greek real estate agencies to find a buyer
with a price in the… highs – for the time – of 11 million euros
the villa of the Nika family joined the “gold list” of domestic real estate
along with two other properties of the Tigas family
the first place in terms of prices in the entire coastal zone of Attica
According to expert real estate appraisers
the luxury property could fetch a price of around 8 million euros…
The real estate agency’s advertisement at the time stated that “this unique seaside property is located near Saronida on an idyllic sandy beach
and features a modern living room with a magnificent view of the Saronic Gulf
a master bedroom-suite with a living room and its own pool
and a door at the edge of the garden leads to the sandy beach.” According to the figures at the time
the property’s objective value was 1,538,000 euros
From a comparison with the current advertisement it is obvious the changes that have taken place in the property
The Nika family’s insistence on the 11 million euro bar resulted in the villa
was something that still didn’t seem to bother George Nika
starting with the “Great Round” project
The business success of the company he set up with Nikos Loutsa was great
with the now internationalised Megas Yeeros recording a remarkable performance in the American market
Nikas to leave the company in order to make the next bet
He did so by setting up GRK Fresh Greek in 2009
which had as its main concept the launch of Greek cuisine with a focus on gyros
he opened his first store in New York City
and he indicates that he has every intention of moving permanently to the Big Apple
where he was residing in a luxury apartment on the opulent 5th Avenue
collapsed overnight when the well-known insider trading scandal was revealed in October 2019
Thus followed the return to Greece and the reconstruction operation
with its uninterrupted view of the Saronic Gulf
was his ideal refuge during that difficult period
It was then that he reportedly picked up the thread for its sale again
which again proved to be “unaffordable”
He reportedly took an unyielding stance in negotiations with prospective buyers
betting on a change of climate and a gradual revival of buyer interest in “good pieces” of domestic real estate
But his expectations were dashed and when it was found that there was no “suitor” willing to pay 11 million euros
to “discuss” it even around 3.5 million euros
the development of the case is shrouded in a shroud of mystery
the “information” that the expensive villa was changing hands was circulated in the real estate circle at least three times
but with the constant echo shortly afterwards that the transaction was not completed for various reasons
Whether this finally happened and with which buyer cannot be confirmed
at least by those who were directly or indirectly involved in the case
the sale was still being advertised by some major real estate agencies
but this was interrupted as soon as the scandal aired in America
the luxury property is believed to have been still in the hands of G
it was allegedly sold at a price much lower than what he was originally asking
Although there is no clear picture of the property’s ownership path over the last few years up to the present day
it is certain that it is now looking for its “next day” to the… lucky person who can put his hand so deep in his pocket that he can pay the exorbitant sum of 20 million euros to acquire it
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