Handelsblatt featured Savvas Savvaidis, President & CEO of Greece Sotheby's International Realty, in its coverage of rising international demand along the Athens Riviera, framed around the wider transformation of the former Ellinikon airport site into a large-scale coastal development by Lamda Development.
The article noted that Greek real estate has drawn growing foreign interest, with the Bank of Greece reporting around €3 billion in foreign direct investment into the sector last year, supported by the country's Golden Visa programme.
Savvaidis pointed to climate, quality of life, political stability, and Greece's recent investment-grade credit upgrades from S&P and Moody's as key drivers of continued demand and rising prices along the Riviera, noting that Sotheby's is seeing particular interest from buyers in the United States, the Middle East, and Germany.
Savvaidis noted continued interest in the three-to-seven-million-euro segment. "Consistent demand for spacious villas offering privacy, outdoor space, and modern amenities," he said.
Full Athens Riviera pricing and demand data are available in the Intelligence Hub.