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Located just 450 metres from the sea in Palaio Faliro, Athens, Riviera Suites Faliro is a modern seven-storey residential development with 20 apartments. The project combines contemporary elegance and comfortable living in a minimalist, sophisticated style. Apartment options include practical one-bedroom and open-bedroom studio layouts. Interiors combine earthy tones, beige and grey shades with warm walnut details. Built in 1976, the building is being transformed through an extensive renovation into a luxurious contemporary property.
Palaio Faliro is one of the most attractive and established coastal suburbs, located just 6 kilometres south-west of central Athens. Combining urban convenience with coastal appeal, it is a popular residential and leisure destination for local residents and international investors. Luxury marinas, extensive waterfront promenades and parks create a peaceful atmosphere. With Flisvos Marina and seaside walking and cycling paths, the suburb offers the calm of coastal living alongside the advantages of the city.
The project’s location offers exceptional access to transport and amenities. Key destinations within walking or a short driving distance include:
Agia Skepi tram stop: 250 m
Agiou Alexandrou shopping street: 450 m (2-minute walk)
Flisvos Marina: 720 m
Stavros Niarchos Cultural Centre: 967 m, providing easy access to culture and events
Eugenides Planetarium: 996 m
Benaki Toy Museum: 580 m
The Ellinikon Project: 5.5 km, one of Europe’s largest urban development projects
Why choose Riviera Suites Faliro?
Strong Appreciation Potential: The area continues to gain value thanks to major developments such as The Ellinikon Project, located 5.5 km away.
Rental Potential: Palaio Faliro is one of Athens’ most sought-after residential areas and offers strong rental-income potential.
Luxury and Comfort: Complimentary appliances in all apartments—including air conditioning, oven, hob and extractor hood—enhance everyday comfort.
Golden Visa Potential: The project may meet the requirements of Greece’s Golden Visa programme.
Apartment Types: One-bedroom apartments and open-bedroom studios.
Total Apartments: 20
Number of Floors: 7
Building Age: Built in 1976; undergoing extensive renovation.
Interior Design: Earthy tones, walnut wood and minimalist design.
Construction is scheduled to begin in December 2025, with completion planned for December 2026.
The payment plan will be arranged individually with the investor. The contract will be signed within three months after full payment.
Prime Location: In one of Athens’ most desirable coastal suburbs, at the heart of seaside living.
Distinctive Investment Opportunity: Potential for appreciation in one of Athens’ most promising areas.
Turnkey Advantage: Fully renovated, equipped apartments offering next-generation comfort and luxury.
Corporate Ownership Assurance: Marketing the property through Nadlan Star Global provides an additional level of assurance for your investment.
High Quality of Life: A family-friendly area close to cultural centres such as Stavros Niarchos, marinas and social amenities.
Palaio Faliro