According to the Final Ranking Table, the preferred investment consortium was “EVERGOOD Monoprosopi S.A. – Gefsinous A.B.E.E.”, which submitted the highest financial offer, with a Minimum Annual Guaranteed Rent of €4,277,069.
The contract provides for a 20-year lease, with the option to extend for an additional 10 years, marking the beginning of a new phase of development for one of the most iconic beachfront properties in HPPC’s portfolio.
The completion of the tender paves the way for Vouliagmeni Coast to transition to a new operational model, emphasizing the functional and aesthetic upgrading of infrastructure, respect for the natural environment, and the provision of high-quality services to the public.
The property covers a total area of 72,767.71 m², with a permitted building footprint of 2,000 m², including existing structures such as the historic former restaurant “Okeanis.” The shoreline extends 638.5 meters, enhancing the strategic and commercial value of the asset.
Vouliagmeni Coast is the most popular organized and publicly accessible beach on the Athens Riviera, located approximately 25 kilometers from the center of Athens. It attracts thousands of visitors throughout the year, both from domestic and international markets.
This investment is part of HPPC’s broader strategy to utilize public real estate assets, aiming to create added value for the economy, local communities, and high-quality tourism.
