27 apartments in Glyfada on the Athenian Riviera: betting on the south and infrastructure growth

Salt in the air shows up before the alarm clock. In Glyfada, mornings begin at the waterfront: marina masts catch the first rays, while the Saronic Gulf lies behind them in an even, silver sheen.

By nine, the cafés on the commercial streets are already full—yet there’s no sense of rushing. Here, it’s less about “vacation mode” and more about the habit of arranging life the right way: on schedule, without unnecessary fuss, and with daily conveniences built into the routine.

Tourists rarely go this far south. Athens draws them to the Acropolis, to Monastiraki, and to the trendy rooftops of Kolonaki. That’s completely understandable. But those who truly “get” the city—and prefer living conveniently rather than only looking good in photos—tend to choose the southern stretch: Glyfada and the neighboring areas.

Glyfada isn’t a village and it isn’t a resort. It’s a year-round city district—simply located by the sea.

Golf courses are just minutes away. To the east, Mount Hymettus rises with trails on the southern slopes. And in summer, the beach becomes a second living room—while in winter it turns into a calm, long promenade.

What changes the game

Glyfada is attracting attention now not only for its appealing look and the chance to “just browse” properties. Soon, the area will receive three major infrastructure projects that could reshape it for good.

First is the large-scale redevelopment of Ellinikon. The old international airport is being transformed into a coastal park of roughly 600 acres: it will include a marina, retail spaces, hotels, cultural areas, and residential towers.

This isn’t a concept presented only in developer renderings. Construction teams are working on site, and progress is visible from the road.

The second driver is the metro extension. A station in Ellinikon will cut the trip to central Athens to under 30 minutes, addressing a key complaint about life on the southern coast: until now, getting back into the city really required a separate plan.

Third is the Athenian Riviera Urban Walk: an 18-kilometer waterfront promenade and cycling route connecting six municipalities from Kallithea through Glyfada to Vouliagmeni. In practice, it will become one of the longest continuous coastal pedestrian routes in a European capital.

The Greek government isn’t “tailoring” the south. It’s building the infrastructure of a city that’s growing toward the water.

Riviera living: the The One concept

The One is a collection of 27 “golden visa” apartments (visa eligible) in Glyfada, spread across four floors. The project is being built by OIKOS Property Developments, a company active in Athens for more than 15 years.

Inside, there are one-bedroom layouts with warm wooden tones and marble-look finishes. Floor-to-ceiling panoramic glazing visually “pulls” the sea into the interior.

Homes on the upper floors are oriented toward the water. On the top floor, there are apartments opening onto private terraces up to 44 m²—more outdoor space than many apartments in central Athens.

You don’t “sit” on a terrace like this. You live on it.

When designing the project, OIKOS didn’t focus on scale for its own sake. What matters most is the everyday logic of Glyfada: you spend much of your time outdoors, you often eat out, and you walk a lot.

Your apartment becomes a place to sleep and to watch how the evening light changes over the gulf—doors open, air flowing, and everything feels clean and considered. Thoughtful layouts, quality materials, and no unnecessary “set dressing.”

Some options include a personal parking space. If you’ve ever tried to park in Glyfada in August, you’ll understand why that detail matters.

Life around you: infrastructure next door

Close the door—and within six minutes you can buy tomatoes. The surroundings of The One are everyday infrastructure that makes the district genuinely convenient: groceries, pharmacies, and restaurants where staff recognize regular guests.

Two hospitals are located within about 1.3 km. In the southern suburbs, international schools operate with British and internationally recognized programs—ideal for expat families from kindergarten through to higher grades.

The bus stop is approximately 140 meters away. And with the metro station opening, getting around the rest of Athens will become easier: less dependence on traffic and less need to “think about the road” every time you travel.

If you’ve ever searched for a European base for a family, you know how rare it is to find the combination of “weather + schools + healthcare + international connectivity” in one place. Southern Athens delivers exactly that—and often at a noticeably better price than comparable formats on the French or Italian Riviera.

For investors, the picture on the southern coast looks straightforward: property prices are rising, driven by infrastructure investment, limited housing supply, and growing international demand. Additional clarity comes from the extension of the capital gains tax relief in Greece, extended until December 2026—a rare advantage for European markets.

A European direction: why the “golden visa” matters

Greece remains one of the few EU countries where investing in real estate can be a step toward European residency. In recent years, the rules have become more complex: requirements, thresholds, and conditions depend on location and property type.

For buyers outside the EU, this often turns a purchase “for lifestyle” into a more strategic decision: mobility within the Schengen area, access to European healthcare and education, and a long-term pathway toward EU citizenship—provided the investment structure is set up correctly.

The specifics depend on each buyer’s circumstances: which property fits, how long the real estate needs to be held, and how family members are considered. That’s why trying to sort it out independently can be risky—there are too many details. OIKOS offers 15 years of experience supporting international clients with exactly these questions.

Behind the project

OIKOS Property Developments has been creating residential projects in Athens for 15 years. Its portfolio spans neighborhoods from the city center to the coast, and the hotel segment includes its own hospitality management arm.

The company manages the process “end to end” within its own structure: consultation during the pre-sale stage, checking eligibility requirements for immigration, property management, and support after the transaction.

For international buyers—especially those completing the deal from another time zone—the model with one accountable point of contact solves a problem many only realize after starting to work with multiple local contractors who aren’t coordinated with each other.

Availability and booking

The One is being built in Glyfada. Apartments that qualify for the golden visa are available for booking. For information on layouts, pricing, and guidance on residency eligibility, contact OIKOS Property Developments via the company’s official website.

Our Telegram channel about various types of Greek residence permits, digital nomad programs, and the Greek Golden Visa: @digitalnomadgr