Vari

With sales in the residential areas running, having reached almost 100% for the beachfront residences and 65% for the apartments that went on the market at the end of 2023, and the individual developments within the area gradually locking in, the pieces of the puzzle of the Hellenikon mega investment are now coming together at an accelerated pace.

The Council of State (CoS), the country's highest administrative court, has paved the way for mayors to suspend the enforcement of the bonus heights included in the new building regulation.

Following in the footsteps of Alimos in southern Athens, the Municipality of Vari-Voula-Vouliagmeni instructed its planning department on Tuesday not to issue building permits that make use of the bonuses provided in the building regulation allowing taller buildings. 

Island municipalities issued the largest number of new building permits in 2023, with the top five comprising Lefkada and Zakynthos in the Ionian, Paros and Naxos in the Cyclades, and the Dodecanese island of Rhodes, according to the National Statistical Service of Greece (ELSTAT).