The Public Real Estate Company (ETAD) SA, a subsidiary of the Treasury, announced the launch of the tender for the lease of the property “Vouliagmeni Coast” and invites interested parties to the first phase of the tender process.

The purpose of the competition is the long-term lease of the uniquely available and organized beach to exploit and exploit in the Municipality of Vari-Voula Vouliagmeni, for 20 years with the right to extend for an additional 10 years. The property occupies a total area of ​​72,767.71 sqm, with a permissible construction of 2,000 square meters, including existing building facilities, including the former landmark restaurant in the Ocean area, while the maritime front is 638. , 50m ..

As stated in the announcement, the “Vouliagmeni Coast” is the most popular organized and accessible beach of the Athens Riviera, 25 km from the city center, with the natural landscape, crystal clear waters and existing recreational facilities to attract thousands of visitors. time. Only 2024 welcomed 420,000 visitorswhile the daily feature of hosting amounted to 8,000 people. ​

The strategic investment for upgrading the quality of services and the wider facilities will work positively towards stable visitors, while modernizing their operation will attract young people, families and children as well as lovers of sports and water sports. New experiences that will further contribute to the development of the Attica coastal front, making the “Vouliagmeni coast” one Destination of escape and recreation for the whole year. At the same time, the exploitation and utilization of the iconic restaurant “Ocean” enables a new premium catering and hospitality experience accessible by the Athenian public.

ETAD SA invites strategic investors with a vision and know -how to make use of the capabilities of the area and to transform the “Vouliagmeni coast” into a destination of international standards. The aim of the company is the operational and aesthetic upgrading of the area always respecting the rules to protect the environment and ensuring upgraded services to all citizens. A sustainable development, which in collaboration with the Municipality of Vari-Voula-Vouliagmeni and the partners involved will ensure the harmonious integration of the new investment in the natural environment and the local community.

The procedure

The bidding process will take place in two phases. The first phase, which is an invitation to participate in the bidding process for expressions of interest and default of those who will be invited to participate in Phase B, is governed by the terms and conditions of the invitation, which is fully available on the ERAD website , in the category invitations. (https://hppc.gr/category/prokiryxeis-proskliseis/).

During the first phase, interested parties, natural persons or legal entities or investment companies or investment funds are called upon to express their interest in leasing the property “Akti Vouliagmeni” by submitting a non -binding letter of interest in interest. .

The second phase, which relates to the invitation of the default investors for submitting enclosed written bids, will be governed by the terms and conditions set out in detail in the invitation to submit bids (second phase).

The deadline for the submission of expressions of interest for the property is set on Thursday, May 15, 2025 at 2.00 pm.