Park Rise

Property details
  • Developer
    Developer Lamda Development
  • Delivery date
    Delivery date Q2 2028
  • Property type
    Property type Apartments, Penthouses
  • Bedroom
    Bedroom 1, 2, 3, 4, 5
Amenities
  • Parking Spaces
    Parking Spaces
  • Indoor Pool
    Indoor Pool
  • Gymnasium
    Gymnasium
  • Kids Play Area
    Kids Play Area
  • Gardens & Parks
    Gardens & Parks
  • Fitness Center
    Fitness Center
  • Wellness Spaces
    Wellness Spaces
  • Private Pool
    Private Pool
  • Private Garden
    Private Garden
About property

Park Rise is a residential development within The Ellinikon masterplan on the Athens Riviera, designed by the Bjarke Ingels Group (BIG) and positioned as a high-end, design-led residential asset within one of Europe’s most significant urban regeneration projects. Located approximately 350 meters from the coastline and directly oriented toward The Ellinikon Park, the project benefits from a rare combination of large-scale green infrastructure, coastal proximity, and long-term urban planning, placing it firmly within the upper tier of the Athens residential market.

The development consists of 88 residences, offering a mix of 1 to 5-bedroom apartments, structured to capture panoramic views across the park, the sea, and the surrounding landscape. The architectural approach emphasizes clarity, light, and material refinement, with a façade designed to interact with natural light and a layout strategy that maximizes openness and spatial continuity. Interiors are defined by natural tones, oak flooring, and large openings, creating a balanced residential environment aligned with contemporary Mediterranean living standards.

From a planning perspective, Park Rise is not a standalone building but part of a broader, fully integrated district. The Ellinikon masterplan incorporates retail destinations, hospitality assets, offices, wellness infrastructure, and public spaces, all of which contribute to long-term demand and value stability. The direct connection to The Ellinikon Park enhances this positioning, providing immediate access to one of the largest urban parks in Europe and reinforcing the project’s alignment with lifestyle-driven, health-oriented urban living.

A key component of the project is its internal wellness infrastructure. The building includes a dedicated two-level wellness area featuring a fully equipped gym, relaxation spaces, and a 20-meter swimming pool. These elements are integrated into the residential offering rather than treated as secondary amenities, supporting a daily-use lifestyle rather than occasional leisure.

From a sustainability standpoint, the project is designed to achieve LEED Gold certification, reflecting a focus on energy efficiency, environmental performance, and long-term operational quality. This aligns with the broader Ellinikon vision of creating a smart and sustainable urban environment, further strengthening the project’s positioning among environmentally conscious buyers and institutional-grade developments.

In investment terms, Park Rise is positioned within a high-demand coastal zone where pricing is driven by location, design pedigree, and integration into the Ellinikon ecosystem. Its proximity to the park and the sea, combined with architectural authorship by BIG, places it within a premium segment of the market. The estimated completion timeline is set for the first half of 2028, making it part of the active off-plan supply within the Athens Riviera.

Overall, Park Rise represents a design-driven residential asset embedded within a large-scale urban transformation, where long-term value is supported by infrastructure, location, and the evolution of The Ellinikon as a new coastal district in Athens.

Map
  • Location
    Ellinikon Athens
  • City
    Greece

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