On a peninsula by the sea, known as “Mikro Kavouri”, in Vouliagmeni, Athens. Situated 20 km from the Athens centre and 25 km from the Athens International Airport. The adjoining properties are the Astir Palace hotel complex (owned by the National Bank of Greece – NBG) and the Vouliagmeni Marina (in the process of privatisation by ETAD; Contractor is the Astir Palace group).The nearby Lemos area is the highest priced residential area of Athens.
119.800 sq.m. (exploitable approx. 111.942 sq.m.)
The overall property has the potential to be further developed into a large scale integrated tourism / leisure / residential project around the existing hotels on a prime property. HRADF intends to proceed with the necessary steps set out in the new legal framework to contribute in the development of the property.