Elliniko · Athens Riviera
Venus Athens Riviera, Elliniko
Project Overview
- Project Type
- Conversion Project
- Golden Visa Route
- €250,000 Golden Visa
- Beds
- Studio – 2
- Energy Class
- B+
- Delivery
- 3rd Quarter 2028
- Heating
- Pending
- ROI
- 4%
- Kitchens
- European
Project Description
Situated along the prestigious Athenian Riviera, Elliniko is one of Athens' most desirable coastal neighbourhoods — an ideal blend of cosmopolitan living and seaside tranquillity. Just 4 km from the historic city centre, it balances vibrant urban life with the relaxing charm of the Mediterranean. It is renowned for its stunning promenade, sandy beaches and the luxurious Flisvos Marina. The building extends over 3 levels, offering fifty-eight apartments.
- ✓€250,000 Golden Visa-eligible conversion
- ✓Athens Riviera coastal location
- ✓Near Flisvos Marina
- ✓4% rental yield
- ✓4 km to city centre
Nearby Distances
- City Centre4 km
- Flisvos Marina~3 km
- Coast & BeachYürüme mesafesi
- International SchoolYakın
Units & Pricing
| Unit | Floor | Type | Internal | Balcony / Exterior | Total | Beds | Baths | Price | Status |
|---|---|---|---|---|---|---|---|---|---|
| GF1 | 0 | Studio | 42 m² + 20.5 m² oyun odası | 10.5 m² | 73 m² | STUDIO | 1 | €357,000 | Available |
| GF2 | 0 | Studio | 39.7 m² + 19 m² oyun odası | 10.5 m² | 69.2 m² | STUDIO | 1 | €337,000 | Available |
| GF3 | 0 | Studio | 39.7 m² + 19 m² oyun odası | 11 m² | 69.7 m² | STUDIO | 1 | €337,000 | Available |
| GF4 | 0 | Studio | 39.9 m² + 19 m² oyun odası | 11 m² | 69.9 m² | STUDIO | 1 | — | Sold |
| 1.1 | 1 | Apartment | 36.6 m² | 11.5 m² | 48.1 m² | 1 | 1 | — | Sold |
| 1.2 | 1 | Apartment | 36.7 m² | 12.5 m² | 49.2 m² | 1 | 1 | €317,000 | Available |
| 1.3 | 1 | Apartment | 34.8 m² | 8.5 m² | 43.3 m² | 1 | 1 | — | Sold |
| 1.4 | 1 | Apartment | 35.2 m² | 6.5 m² | 41.7 m² | 1 | 1 | — | Sold |
| 1.5 | 1 | Apartment | 35.1 m² | 7 m² | 42.1 m² | 1 | 1 | — | Sold |
| 1.6 | 1 | Apartment | 50.3 m² | 32 m² | 82.3 m² | 2 | 1 | — | Sold |
| 1.7 | 1 | Studio | 33.6 m² | 13 m² | 46.6 m² | STUDIO | 1 | — | Sold |
| 1.8 | 1 | Studio | 34.6 m² | 18.5 m² | 53.1 m² | STUDIO | 1 | — | Sold |
| 1.9 | 1 | Apartment | 35.2 m² | 4.5 m² | 39.7 m² | 1 | 1 | — | Sold |
| 1.10 | 1 | Apartment | 38.1 m² | 6 m² | 44.1 m² | 1 | 1 | — | Sold |
| 1.11Pool View | 1 | Apartment | 37.6 m² | 9 m² | 46.6 m² | 1 | 1 | — | Sold |
| 1.12Pool View | 1 | Apartment | 36.5 m² | 9.5 m² | 46 m² | 1 | 1 | — | Sold |
| 1.13Pool View | 1 | Apartment | 34.2 m² | 42 m² | 76.2 m² | 1 | 1 | — | Sold |
| 1.14 | 1 | Apartment | 35.3 m² | 9.5 m² | 44.8 m² | 1 | 1 | — | Sold |
| 1.15 | 1 | Apartment | 34.1 m² | 6.5 m² | 40.6 m² | 1 | 1 | — | Sold |
| 1.16 | 1 | Apartment | 34.3 m² | 3.6 m² | 37.9 m² | 1 | 1 | — | Sold |
| 1.17 | 1 | Apartment | 36.3 m² | 3.7 m² | 40 m² | 1 | 1 | — | Sold |
| 1.18 | 1 | Studio | 31.6 m² | 3.8 m² | 35.4 m² | STUDIO | 1 | — | Sold |
| 2.1 | 2 | Apartment | 37 m² | 4 m² | 41 m² | 1 | 1 | €322,000 | Reserved |
| 2.2 | 2 | Apartment | 37.1 m² | 4 m² | 41.1 m² | 1 | 1 | — | Sold |
| 2.3 | 2 | Apartment | 36.1 m² | 5 m² | 41.1 m² | 1 | 1 | €314,000 | Available |
| 2.4 | 2 | Apartment | 35.2 m² | 6.5 m² | 41.7 m² | 1 | 1 | — | Sold |
| 2.5 | 2 | Apartment | 35.1 m² | 7 m² | 42.1 m² | 1 | 1 | — | Sold |
| 2.6 | 2 | Apartment | 50.3 m² | 6.5 m² | 56.8 m² | 2 | 1 | €420,000 | Reserved |
| 2.7 | 2 | Studio | 33.6 m² | 3.8 m² | 37.4 m² | STUDIO | 1 | €290,000 | Reserved |
| 2.8 | 2 | Studio | 34.6 m² | 3.8 m² | 38.4 m² | STUDIO | 1 | €301,000 | Available |
| 2.9 | 2 | Apartment | 35.2 m² | 4.5 m² | 39.7 m² | 1 | 1 | — | Sold |
| 2.10 | 2 | Apartment | 35.9 m² | 6 m² | 41.9 m² | 1 | 1 | — | Sold |
| 2.11Pool View | 2 | Apartment | 31.6 m² | 6.5 m² | 38.1 m² | 1 | 1 | — | Sold |
| 2.12Pool View | 2 | Apartment | 31.7 m² | 6.5 m² | 38.2 m² | 1 | 1 | — | Sold |
| 2.13Pool View | 2 | Apartment | 31.4 m² | 6.5 m² | 37.9 m² | 1 | 1 | — | Sold |
| 2.14 | 2 | Apartment | 33 m² | 6.5 m² | 39.5 m² | 1 | 1 | — | Sold |
| 2.15 | 2 | Apartment | 33.5 m² | 3.8 m² | 37.3 m² | 1 | 1 | — | Sold |
| 2.16 | 2 | Apartment | 34.3 m² | 3.6 m² | 37.9 m² | 1 | 1 | — | Sold |
| 2.17 | 2 | Apartment | 36.3 m² | 3.7 m² | 40 m² | 1 | 1 | — | Sold |
| 2.18 | 2 | Studio | 31.6 m² | 3.8 m² | 35.4 m² | STUDIO | 1 | — | Sold |
| 3.1 | 3 | Apartment | 37.7 m² | 2.8 m² | 40.5 m² | 1 | 1 | — | Sold |
| 3.2 | 3 | Apartment | 37.9 m² | 4 m² | 41.9 m² | 1 | 1 | — | Sold |
| 3.3 | 3 | Apartment | 36.1 m² | 5 m² | 41.1 m² | 1 | 1 | — | Sold |
| 3.4 | 3 | Apartment | 35.2 m² | 6.5 m² | 41.7 m² | 1 | 1 | — | Sold |
| 3.5 | 3 | Apartment | 35.1 m² | 7 m² | 42.1 m² | 1 | 1 | — | Sold |
| 3.6 | 3 | Apartment | 50.3 m² | 6.5 m² | 56.8 m² | 2 | 1 | — | Sold |
| 3.7 | 3 | Studio | 33.6 m² | 3.8 m² | 37.4 m² | STUDIO | 1 | — | Sold |
| 3.8 | 3 | Studio | 34.6 m² | 3.8 m² | 38.4 m² | STUDIO | 1 | — | Sold |
| 3.9 | 3 | Apartment | 35.2 m² | 4.5 m² | 39.7 m² | 1 | 1 | — | Sold |
| 3.10 | 3 | Apartment | 35.9 m² | 6 m² | 41.9 m² | 1 | 1 | — | Sold |
| 3.11Pool View | 3 | Apartment | 31.6 m² | 6.5 m² | 38.1 m² | 1 | 1 | — | Sold |
| 3.12Pool View | 3 | Apartment | 31.7 m² | 6.5 m² | 38.2 m² | 1 | 1 | — | Sold |
| 3.13Pool View | 3 | Apartment | 31.4 m² | 6.5 m² | 37.9 m² | 1 | 1 | — | Sold |
| 3.14 | 3 | Apartment | 33 m² | 6.5 m² | 39.5 m² | 1 | 1 | — | Sold |
| 3.15 | 3 | Apartment | 33.5 m² | 3.8 m² | 37.3 m² | 1 | 1 | — | Sold |
| 3.16 | 3 | Apartment | 34.3 m² | 3.6 m² | 37.9 m² | 1 | 1 | — | Sold |
| 3.17 | 3 | Apartment | 36.3 m² | 3.7 m² | 40 m² | 1 | 1 | — | Sold |
| 3.18 | 3 | Studio | 31.6 m² | 3.8 m² | 35.4 m² | STUDIO | 1 | — | Sold |
Square-metre measurements may vary up to ±3%. Prices and availability are subject to change without notice. Contact us for the latest information.
Investment Analysis
Venus Athens Riviera is a Golden Visa conversion right next to The Ellinikon — Greece's largest urban-regeneration project — within walking distance of Flisvos Marina and the coast. Below we review the project, the Elliniko area, its pros and cons, target audience and a realistic rental-yield outlook.
Elliniko Area Profile
Thanks to the €8 billion The Ellinikon megaproject rising on the old Athens airport site, Elliniko has become the most talked-about area in Athens in recent years. At an average €5,720/m² it is the third most expensive of Athens' southern suburbs — showing the price level has already shifted to the upper segment. Elliniko is no longer just a transit area but is described as a "luxury hub" in its own right, with luxury new builds and mixed-use communities.
The area's biggest value trigger is the phased completion of The Ellinikon, home to a 2 million m² coastal park, international schools, luxury marinas and smart infrastructure. Off-plan homes show an average 32.7% premium over their delivery cycles — meaning serious capital-gain potential for early investors.
Pros
- Within walking distance of The Ellinikon; benefits directly from the marina, international schools and luxury retail developments.
- Proximity to Flisvos Marina and the coast is a strong location advantage for both quality of life and rental demand.
- The €250,000 conversion route allows entry well below the area's standard €800,000 Zone A threshold.
- The observed 32.7% average delivery premium on off-plan homes points to strong short-to-medium-term capital growth.
- The B+ energy rating reflects a mid-to-upper-segment build quality.
Cons
- The 2028 delivery is a longer wait than some 2026 projects (Kilkis 12, Venizelou 90).
- Although Elliniko's area price is high, this project being on the €250K conversion route may mean a more compact/efficiency-focused product; set space expectations accordingly.
- Dependence on the megaproject: delays in The Ellinikon's own schedule could affect the area's growth pace.
Who Is It For?
Venus Athens Riviera is designed primarily for investors who value long-term capital growth and want to join The Ellinikon's growth story early. It suits those who treat the Golden Visa not just as a residency tool but as a genuine real-estate investment, targeting appreciation over a 5-10 year horizon rather than short-term rental yield. It is also an attractive location for families considering living there themselves or using it as a holiday home.
Comparison With Other Projects
Its closest alternative is Anaxagora 61 (Kallithea-Tavros, A energy, €310K), sharing the 2028 delivery. But Anaxagora 61 is a new-build with an A rating, while Venus is a conversion at B+ energy; that difference can be decisive for efficiency-focused investors. For a faster result, the 2026 Kilkis 12 (Nea Ionia) or Venizelou 90 (Moschato, B energy) are options — but neither offers Elliniko's coastal/marina position or The Ellinikon growth potential.
| Project | Area | Price | Energy | Delivery |
|---|---|---|---|---|
| Venus Athens Riviera | Elliniko | €301K | B+ | 2028 |
| Venizelou 90 (2-3rd fl.) | Moschato | €258K | A | 2028 |
| Anaxagora 61 | Kallithea-Tavros | €310K | A | 2028 |
| Kilkis 12 | Nea Ionia | €305K | B | 2026 |
| Venizelou 90 | Moschato | €295K | B | 2026 |
| Perikleous & Rodou | Marousi | €290K | A | 2028 |
Estimated Rental Income
Elliniko's long-term rental market sees strong demand thanks to the professional and international tenant base The Ellinikon attracts (only long-term letting is legal for Golden Visa properties):
| Unit Type | Estimated Monthly Rent | Approx. Gross Yield |
|---|---|---|
| Studio | €750-950 | 4.5-5.5% |
| 1-Bedroom | €950-1,250 | 4.5-5.5% |
| 2-Bedroom | €1,250-1,600 | 4.5-5.5% |
These figures align with the wider Athens Riviera long-term yield range (4.5-5.5%); Elliniko's proximity to the marina and The Ellinikon is an extra factor supporting tenant quality and occupancy.
Frequently Asked Questions
Is Venus Athens Riviera really Golden Visa eligible?+
Yes — the project is structured under the commercial-to-residential conversion route (Zone C) and meets the €250,000 minimum. This route applies Greece-wide with no location restriction; despite being in a high-demand area like Elliniko, it is not subject to the standard €800,000 Zone A threshold. Note, though, that the conversion must be officially completed before the application; have this confirmed with an independent lawyer before purchase.
Why must I wait until 2028 — is there no faster option?+
The portfolio has two 2026-delivery projects: Kilkis 12 (Nea Ionia) and Venizelou 90 (Moschato, B energy). These are options for investors wanting a faster result. But they do not offer Elliniko's coastal/marina position or the growth potential of The Ellinikon. The decision depends on the balance between delivery speed and location/appreciation potential.
Prices in Elliniko are already high — is that a drawback?+
Although Elliniko's area average (€5,720/m²) is high, this project being on the €250,000 conversion route lets the investor find a relatively accessible entry point versus that high area level. So you can benefit from the area's long-term appreciation potential while entering well below the standard Zone A threshold (€800,000).
Is this better for rental income or capital growth?+
It offers a balanced profile for both, but its real strength is capital-growth potential. The Ellinikon's phased completion and the observed 32.7% delivery premium make it attractive primarily to capital-growth-focused investors. On the rental side, a stable but non-aggressive 4.5-5.5% yield is expected, in line with the wider Athens Riviera.
Is a studio or a 2-bedroom the smarter choice?+
It depends on your strategy. Studios offer a lower entry cost and respond faster to young-professional tenant demand. Two-bedrooms appeal to a broader tenant pool (families, long-term tenants) and usually provide more stable occupancy. For Golden Visa purposes, both types are equally eligible as long as they stay above the €250,000 threshold; the choice comes down entirely to your letting strategy.
Note: The price, yield and market figures in this section are based on general observations and may change; they do not constitute investment advice. Contact us for current floor plans, prices and reservation terms.
Location
Afroditis 24, Elliniko, Athens Riviera