Vouliagmeni Signature Residences

Prime Hospitality Development in the Athenian Riviera

An exceptional opportunity to acquire a fully designed and licensed hospitality project in Vouliagmeni, one of the most prestigious and internationally recognized destinations along the Athenian Riviera.

The project consists of a 43-key luxury serviced suites hotel set on a 3900 sq.m. plot in the heart of Vouliagmeni. The development will deliver approximately 4200 sq.m. of built area, comprising 1700 sq.m. of above-ground space with 43 premium suites, including 11 suites with private pools, alongside outdoor leisure facilities, and 2500 sq.m. of underground space featuring a 37-car parking garage, indoor swimming pool, spa, gym, storage areas, and MEP facilities. Strategically located just 1 km from the beach, 6 km from Glyfada, and 27 km from Athens International Airport, the project is ideally positioned to benefit from the growing demand for luxury hospitality and serviced accommodation along the Athens Riviera.

Investment Highlights

• Acquisition Price: €8 million through the acquisition of the leaseholding company. An estimated construction and fit-out budget remains to complete the development and deliver the project fully operational. Detailed cost analysis, development timelines, and supporting documentation are available upon request.
• Long-Term Security: Existing lease agreement with the Church of Greece, providing a remaining term of 30 years plus a 20-year extension option.
• Ready-to-Build Status: Architectural, structural, MEP, landscaping, and geotechnical studies completed.
• Projected Performance: Year 1 revenues projected at approximately €3.7 million, increasing to over €6.8 million by Year 10, with NOI projected to grow from €2.06 million to €4.59 million over the same period.
• Strong Returns: Financial projections indicate the potential for double-digit ROI driven by increasing occupancy levels, ADR growth, and the rising popularity of serviced suite accommodations

Athenian Riviera - Value Creation Potential

The project offers significant upside through strategic branding and positioning. The property's specifications and location create the possibility of attracting internationally recognized luxury hospitality brands, potentially enhancing ADR and overall asset value. Furthermore, the neighboring 7500 sqm plot, also owned by the Church of Greece, presents a rare future expansion opportunity that could create one of the largest hospitality complexes within the municipality of Vouliagmeni.

Why Vouliagmeni?

Vouliagmeni has emerged as the premier luxury destination in Greece, attracting affluent international travelers, investors, and global hospitality brands. Continuous infrastructure improvements, the transformational development of the Athens Riviera, and increasing international tourism have positioned the area as one of the strongest hospitality investment markets in the Mediterranean.

This opportunity combines a prime location, secured long-term tenure, completed development studies, attractive projected financial performance, and substantial future expansion potential, creating a compelling investment proposition for hospitality investors seeking exposure to one of Europe's fastest-growing luxury tourism destinations.