Elliniko homes selling fast

Elliniko mega-project contractor Lamda Development has been approaching selected candidates for its planned Marina Towers luxury apartments, at rates starting from 7,500 euros per square meter and up to €26,200/sq.m., depending on the view and level.

According to the company, interest is particularly strong, both from foreign and, particularly, from domestic investors. It matches the interest being shown for the individual houses on the seafront in the northeastern part of the plot of Athens former airport. It even appears that all 25 villas in the front row facing the sea have already been snapped up.

This high demand for the Elliniko residential market is being expressed both at the in-person presentations being carried out by Lamda, in cooperation with consultants, but also during impromptu contacts with interested buyers.

It is also seen as the reason behind the listed construction firm’s decision to proceed with the closure of the financial transaction for the acquisition of Elliniko SA, the vehicle that will carry out the project’s development, last Friday, despite the as-yet unfulfilled condition of the casino contract signing.