Top Infrastructure Developments in Greece Every Property Investor Should Know

For foreign buyers considering Greek real estate, infrastructure is more than just a convenience—it’s a key driver of property value, accessibility, and lifestyle quality. Over the past decade, and especially in recent years, Greece has launched major infrastructure projects that make the country more attractive to investors from around the world.

Here are the most important infrastructure developments that are reshaping Greece—and why they matter to real estate investors.

1. The Ellinikon Project – Athens Riviera Reinvented

One of the most ambitious urban developments in Europe, the €8 billion Ellinikon Project is transforming Athens’ southern coast. Highlights include:

• Luxury coastal residences, towers and commercial centers
• A stunning metropolitan park and a casino
• Marinas, smart city infrastructure, and green energy systems

Properties in and around Ellinikon, Glyfada, Voula, and Alimos are rapidly increasing in value as the area becomes a global destination.

2. New Airports and Expansions

Accessibility is vital for property desirability, and Greece is upgrading its air travel network:

• Athens International Airport: Expansion underway to handle rising international traffic.
• Kastelli Airport, Crete: A new €1.5 billion international hub near Heraklion, set to open by 2027.
• Regional Airport Modernization: Managed by Fraport Greece, 14 key airports—including Santorini, Mykonos, Paros, and Corfu—have been upgraded for better capacity and traveler experience.

Improved air travel directly supports property values in both city centers and island destinations.

3. Road and Highway Upgrades

Efficient road networks unlock regional investment potential:

• VOAK Highway (Crete): A major upgrade across the island’s north, boosting access to coastal areas like Kissamos, Maleme, and Rethymno.
• PATHE Corridor: Links Patra, Athens, and Thessaloniki with modern, high-speed highways.
• Egnatia Odos: Enhancing east-west connections across northern Greece.

These projects improve tourism, logistics, and local real estate appeal.

4. New Water Airports and Marinas

As Greece pushes toward sustainable tourism and island connectivity, seaplane networks and new marinas are gaining momentum:

• Water Airports: Greece has approved over 20 water airports for island-hopping via seaplane—including in Corfu, Paxoi, Patmos, and Rethymno. Operations are set to scale in 2025.
• New Marinas: Upgrades and new developments in Alimos, Chania, Lefkada, and Mykonos are drawing high-end travelers and yacht tourism.
• These boost the appeal of coastal and island properties, especially for luxury buyers and investors interested in short-term rentals or hospitality.

5. Digital and Energy Infrastructure

Greece is going digital and green—important for long-term real estate value:

• 5G rollout and fiber-optic networks are expanding nationwide.
• Smart island projects like Astypalea lead the way in electric mobility and renewable energy.
• Energy grid upgrades are increasing the efficiency of modern developments.

These upgrades support smart homes, remote work hubs, and sustainable communities.

Infrastructure Powers Investment

Greece’s evolving infrastructure landscape is laying the foundation for strong, long-term property investment returns. With upgraded transport, digital access, and sustainable tourism infrastructure, investors can expect greater accessibility, higher demand, and lifestyle-driven growth.

Now is the time to align your real estate investment with the future of Greece.