Australian and US Greeks drive international demand for The Ellinikon

·

Residential developments at The Ellinikon continue to attract strong international interest, with buyers coming from more than 110 countries. According to the latest update from Lamda Development, the buyer mix currently stands at 55% Greek purchasers and 45% international investors, of whom 22% are members of the Greek diaspora, according to protothema.gr

A significant share of overseas demand is driven by Greeks living abroad, particularly in the United States and Australia. Lamda Development notes that its international roadshows, along with targeted promotional campaigns, have played a key role in boosting the project’s visibility across global residential and investment markets.

As part of these efforts, Lamda recently presented The Ellinikon and its latest investment opportunities at Property Congress 2025, Australia’s flagship real estate event, held in Perth. The presentation highlighted Athens’ growing profile as an international destination for modern and sustainable urban living.

The update also shows that total proceeds from property sales at The Ellinikon have reached €1.5 billion since the launch of the project through November 30, 2025. During this period, 84% of the 671 residential units in the Little Athens neighborhood have already been sold or reserved, underscoring sustained demand for the landmark redevelopment.

Source: protothema.gr

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

SoulChef Sundays: Georgia Koutsoukou shares the secret to authentic Greek bakali halva

Chef Georgia Koutsoukou — the Kalamata-born chef known as “SoulChef” — continues her SoulChef Sundays series with The Greek Herald

History, heart, and the pull of Crete: Christopher Cosmos’ new novel

Speaking with The Greek Herald, Cosmos opened up about how the novel came together – and why it's close to his heart.

Greek Prime Minister cancels Australia visit amid Middle East tensions

Kyriakos Mitsotakis has cancelled his planned Australia visit for the March 25 celebrations due to escalating tensions in the Middle East.

Fitness influencer Kayla Itsines buys spectacular Gold Coast waterfront mansion

Fitness entrepreneur and influencer Kayla Itsines has purchased a luxury waterfront mansion on the Gold Coast for $13 million.

“Fava” beach in Halkidiki set for auction – concerns raised by residents and authorities

An auction for the lease of a 450-square-metre section of “Fava” beach, one of the most well-known and heavily visited beaches in Sithonia.

You May Also Like

Metro Trains executive Peter Bollas admits accepting corrupt payments

A public transport executive has been caught on a phone tap telling a cleaning company he would "cover up" for them, after it emerged they had failed to spray down a Melbourne train at the start of the state's first coronavirus surge.

Barnacle Bill’s Sofia Tsantes steps away after 40 years

For 40 years, Adelaide’s Barnacle Bill’s at Plympton has been “home” to 72-year-old Sofia Tsantes, after taking over the store opened in 1970.

Canberra Greek Community slams Turkey’s Hagia Sophia decision as “unacceptable”

In a statement this afternoon, the President of the Greek Community of Canberra, John Loukadellis, condemned Turkey’s decision to convert Hagia Sophia into a...