Hellenic Properties: investment of € 13.5 million in the former royal residence of Kifissia – 60% of homes have already been sold

EUR 13.5 million is the investment her Hellenic Properties Named “The Heritage” in Strofeli, Kifissia, which concerns the reconstruction of the historic house that was a summer residence of Aspasia Manos, wife of King Alexander of the Glyburg dynasty.

As Hellenic Properties, Henry Aroon, managing, during the presentation of the new Athens landmark, said the completion of the construction of this investment has demanded three years, while the acquisition process took about a year, with the company to choose to maintain its history, and it took about a year. terms of the knock.

According to him, the course of construction was associated with increased challenges due to the age of the building, while the Construction costs climbed 30% compared to the original budget. However, the fact that the project began before the great value helped the company to absorb the increases effectively.

Already, “60% of the band’s homes, four of the seven, has been sold to Greek buyerswhile there is a strong interest from foreigners living in the country, “said Hellenic Properties chief executive. Homes are aimed at both individuals and investors looking for goodwill in high quality real estate.

It is noted that “The Heritage” consists of five maisonettes and two souvenir apartments, all with a balcony or terrace and access to private or communal gardens. The building has an energy class A+ and modern amenities, such as a smart home management system, underfloor heating-cooling, parking spaces with electric car charging infrastructure, and gym exclusively for residents. The Penthouse of 267 sq.m. With private rooftop terrace 162 sqm, jacuzzi and panoramic views.

In terms of market course, Mr. Aroon estimated that Sale prices will record “stabilization and increase according to inflation”. As he underlined, the northern suburbs continue to maintain reasonable levels of price costs, which does not apply to the same degree to the south. At the same time The company is already considering other homes with similar features in Kifissiahowever, no agreement has yet been closed.

In the context of the investment scheme with the name MOBHellenic Properties is preparing for the construction of two new office buildings in Maroussi. The first project, the MOB1, has already entered the concrete phase and is scheduled to be completed in the summer of 2026, while the Mob2 will follow four months later, as it is still in the process of studying and retaining work, which prepare the ground for the start of the main construction.

At the same time, Hellenic Properties prepares’Two more large investments in office buildings in Maroussi, totaling 70m euros »as the head of the company underlined. The agreements are expected to be officially announced this month, further reinforcing the company’s strategy for a strong presence in the market for professional real estate.

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