30/01/2026
HPPC: Preferred Investor for the lease of Vouliagmeni Beach
In another decisive step towards the development of public real estate assets, the Board of Directors of the Hellenic Public Properties Company (HPPC), a subsidiary of the Growthfund, proceeded yesterday with the opening of the financial offers submitted in Phase B of the tender process for the long-term lease of “Vouliagmeni Beach”.
Following the evaluation process and based on the Final Ranking Table, HPPC has declared as Preferred Investor the consortium “EVERGOOD Single Member S.A. – Gevsinous S.A.”, which submitted the highest financial offer, with a Minimum Annual Guaranteed Rent amounting to €4,277,069. The lease term is set at twenty (20) years, with the option to extend for an additional ten (10) years.
The completion of the tender marks the transition of Vouliagmeni Beach to a new operating model, with a strong focus on functional and aesthetic upgrades, respect for the natural environment, and the provision of high-quality services for all visitors.
The core objective is to implement a sustainable development plan fully aligned with the coastal landscape and the local community. The property covers a total area of 72,767.71 sq.m., with a permitted building capacity of 2,000 sq.m., including existing facilities such as the emblematic former “Okeanis” restaurant, while the seafront extends to 638.5 meters.
“Vouliagmeni Beach” is the most popular organized and freely accessible beach of the Athenian Riviera, located just 25 kilometers from the center of Athens. It attracts thousands of visitors throughout the year, thanks to its unique natural setting, crystal-clear waters, and existing leisure infrastructure.
