In foreign ownership, one of the most luxurious homes in Elliniko
The process of purchasing the 20 luxury homes being developed by Orilina in Elliniko under the architectural design of Japanese architect Kengo Kuma has already commenced
- 05/06/2024
The astronomical price for the first residence and the unique distinction of the first owner being from the international space have sparked significant interest.
The allure of the homes in Elliniko has captured the attention of both domestic and foreign investors, with most properties offered by Lamda Development already being sold out. The focus now shifts to the Marina Residences, a new Athenian Landmark complex undertaken by Orilina Properties in Elliniko, bearing the signature of renowned Japanese architect Kengo Kuma.
This residential development, launched later than others in Elliniko, is now seeing the first signatures for the initial 20 homes intended for buyers. Priced at 6.8 million euros, these homes offer a privileged location overlooking the Athenian Riviera and boast luxurious amenities.
Situated next to the Agios Kosmas marina, the “Marina Residences” will feature seaside homes developed on approximately 22,000 sqm with stunning views of the Saronic Gulf. These residences will include private pools, gardens, underground parking spaces, and storage rooms, all LEED certified. Ranging from 233 to 385 sqm internally with 3-4 rooms, the homes will offer varying prices based on individual characteristics, with a selective sales process not involving real estate agencies.
On January 30, 2023, the building permit was issued, paving the way for construction to commence by the end of 2024. The total investment for this seafront project near the Riviera Tower exceeds 57.4 million euros. Orilina purchased the right to surface area on plots within the Metropolitan Park of Elliniko, totaling 47,348 sqm, at a cost of 26.109 million euros.
Expected for completion in 2026, the new residential complex is being developed in two phases, with REDEX of the Kopelouzos Group handling the initial works.A Private Members Club, integral to the project, will provide exclusive amenities financed through a combination of 27% equity and 73% loans. Overlooking the marina and Riviera Galleria, the club will feature restaurants, pools, courts, an outdoor gym, and various outdoor recreational areas, enhancing the luxurious lifestyle experience for members.