Athens’ Old Airport Is Rivaling New York in Property Prices
- Sea-side villas and marina apartments are nearly sold out
- Prices are expected to rise more as development takes shape
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The redevelopment of Athens’ old airport offered a unique chance to secure pristine sea-side homes close to a major city, and even before bulldozers start to roll, it may already be too late to buy one.
Demand has been so strong that all of the apartments in the project’s 45-floor marina tower as well as the 27 beach-front villas available will be sold by the beginning of next year, if not earlier, according to Odisseas Athanasiou, chief executive officer of Lamda Development SA, the project’s developer.