Real Estate Investment in Greece: Discover Alimos, the Rising Star of Athens
The point where the lively atmosphere of Athens and the unique coastal strip meet: Alimos. This district, which combines the comfort of modern life with the natural beauty of the Mediterranean, has become a center of attraction in recent years for those who want to make real estate investment in Greece. Especially with the opportunities offered by the Golden Visa program, Alimos is becoming one of the first choices of those looking for both high quality of life and profitable investment. What makes Alimos unique from other districts is that it offers not only a residence, but also a bright future investment and lifestyle.
Why is Alimos an Attractive District for Investors?
Alimos offers unique advantages in terms of its location. On the one hand, it provides easy access to main arteries such as Attiki Odos and Poseidonos Avenue, on the other hand, it offers fast transportation to Athens International Airport (Eleftherios Venizelos) and the city center by tram and bus lines. Although it is only a few kilometers from the Athens city center, it promises a peaceful life away from the crowd and noise. However, what makes Alimos truly special is its coastal strip. With its modern marina, sailing clubs and crystal clear beaches, it offers an ideal living space for water sports enthusiasts. The high quality of life offered by the region is also the main reason for the value increase in the real estate market. Streets with luxury restaurants, stylish cafes and boutique shops enrich the social fabric of the district while also affecting real estate prices upwards. The presence of many international schools, parks and green areas for families also makes the region more attractive.
Real Estate Price Analysis: What Has Changed in Alimos in the Last 10 Years?
The real estate market in Alimos has recorded significant growth in the last 5-10 years. Square meter prices have been rising steadily since 2015 and show an average annual increase of around 5-10%. This increase is even more pronounced especially in new and modern residences close to the coastal strip. Alimos, which performs above the average price increase in Athens in general, offers high potential to investors.
Average Square Meter Prices: While square meter prices in the district in general vary between 3,000 € and 7,000 €, this figure can exceed 10,000 € in marina and sea-view luxury apartments.
Rental Yield: Both long and short-term rental potential is quite high in Alimos. Due to its proximity to higher education institutions, there is intense demand from students and young professionals in long-term rentals. Short-term rental (such as Airbnb), on the other hand, provides high occupancy rates and an average return on investment (ROI) of around 4-6% thanks to tourist visits in the summer months. These yields increase the interest of investors in Alimos every day.
The main basis of these price increases is the increasing popularity of Alimos and the limited land stock. This situation makes the region quite attractive in terms of future value increase potential. You can examine one of the notable projects in the region here:
Ellinikon Project and Its Impact on Alimos
The Ellinikon Project, located right next to Alimos, is the biggest factor that will shape the future of the region. Ellinikon, one of Europe's largest urban regeneration projects, is a huge complex that will include a giant coastal park, luxury residences, hotels, shopping centers and sports facilities. This project will completely change the face of the region and turn it into a global attraction center. The project is expected to be completed by the 2030s.
The impact of this mega project on Alimos will be multi-faceted:
Real Estate Value Increase: With the completion of the project, the value of real estates in its immediate surroundings will increase exponentially. Alimos, as the closest settlement next to Ellinikon, is among the districts that will benefit the most from this value increase.
Investor Demand: The project will attract international capital and investors to the region, which will further revitalize the real estate market.
Infrastructure Development: Together with the project, the transportation infrastructure and social facilities of the region will further develop, and the living standards of Alimos will rise.
Conclusion: Why Should We Buy Real Estate from Alimos Now?
Alimos is not only a beautiful living space, but also a strategic Greece real estate investment point. An investment made today will not only generate rental income, but will also carry significant capital gain potential in the medium and long term. The great value increase potential that the Ellinikon Project will bring and the advantages offered by investor-friendly programs such as Golden Visa make Alimos an opportunity that should not be missed at the moment.
If you also want both to experience the coastal life of Athens and to make a bright future investment, Alimos may be the right address.
