PRESS RELEASE

AVAKON Real Estate Development Named “Contemporary Luxury Residential Developer of the Year” at the Athens Riviera Luxury Awards 2026

The distinction recognizes AVAKON’s contemporary architectural vision, development expertise and commitment to delivering high-quality residences across the Athenian Riviera.

Athens, Greece — September  the 18th  2026

AVAKON Real Estate Development is proud to announce that the company has received the prestigious title of “Contemporary Luxury Residential Developer of the Year” at the Athens Riviera Luxury Awards 2026.

The award was accepted on behalf of AVAKON by the company’s Managing Partner, Konstantinos Kioleoglou, and was presented by Makis Voridis, Member of the Hellenic Parliament and former Minister.

The awards ceremony took place at the iconic One&Only Aesthesis on the Athenian Riviera, under the auspices of the Greek Ministry of Development. The event brought together leading representatives from the property-development, hospitality, architecture, investment and luxury sectors, in the presence of ministers, members of the Hellenic Parliament and distinguished members of the Greek business community.

Recognition of a distinctive development philosophy

The “Contemporary Luxury Residential Developer of the Year” award represents an important recognition of AVAKON’s development philosophy and its contribution to the continuing transformation of the Athenian Riviera into an internationally competitive residential destination.

For AVAKON, contemporary luxury is not defined solely by impressive design, premium materials or a privileged address. It is the outcome of a carefully coordinated development process that combines architectural quality, functionality, energy efficiency, technological infrastructure and long-term property value.

Each AVAKON residence is designed around the needs of modern living. Particular attention is given to natural light, spatial efficiency, privacy, indoor–outdoor continuity and the integration of each building into its surrounding urban and coastal environment.

The company’s objective is to develop residences that are aesthetically distinctive while remaining practical, comfortable and relevant over time.

A long-term commitment to the Athenian Riviera

The Athenian Riviera is currently experiencing one of the most important periods of development in its modern history. Major infrastructure improvements, international investment and increasing demand for high-quality residences are strengthening its position within the wider European luxury property market.

This transformation also creates greater responsibility for developers. New projects must respond to the expectations of a sophisticated international market while respecting the architectural identity, environmental character and quality of life of the communities in which they are located.

AVAKON approaches this responsibility through carefully selected locations, predominantly within walking distance of the sea, contemporary architectural design and high construction standards. The company focuses on developments that enhance the residential experience while contributing positively to the evolution of their neighbourhoods.

With more than three decades of combined experience in real estate development, construction, engineering and property investment, AVAKON maintains direct involvement throughout every stage of the development process—from site selection and initial feasibility studies to architectural planning, construction management, technical delivery and after-sales support.

Statement by Konstantinos Kioleoglou

Commenting on the award, AVAKON Managing Partner Konstantinos Kioleoglou stated:

“Receiving the title of ‘Contemporary Luxury Residential Developer of the Year’ is a tremendous honour for everyone at AVAKON. This distinction recognizes the collective effort, professionalism and commitment of our entire team, as well as the confidence placed in us by our clients, partners and associates.

“For AVAKON, luxury is not simply about appearance. It is about quality that can be experienced every day: thoughtful architecture, functional spaces, reliable construction, energy efficiency, attention to detail and a residence capable of maintaining its value over time.

“The Athenian Riviera has the potential to establish itself among Europe’s leading residential and investment destinations. As developers, however, we must ensure that its growth is supported by quality, responsibility and a long-term vision. This award strengthens our determination to continue creating projects that contribute meaningfully to that future.”

The people behind the distinction

AVAKON attributes this recognition to the coordinated contribution of its architects, engineers, project managers, technical consultants, suppliers, construction teams and commercial partners.

The successful delivery of a contemporary luxury development requires the integration of many different disciplines. Architectural creativity must be supported by sound engineering, effective project management, responsible budgeting, careful material selection and rigorous quality control.

This collaborative and multidisciplinary approach lies at the heart of AVAKON’s operating model. Through the close coordination of its in-house professionals and specialist partners, the company seeks to maintain consistency between the original architectural concept and the completed residence.

Building beyond short-term trends

AVAKON’s development strategy is based on creating residential properties with lasting architectural and investment relevance.

Rather than following short-lived design trends, the company emphasizes timeless contemporary architecture, durable materials, advanced building systems and adaptable layouts. Energy performance and operational efficiency are treated as essential components of modern luxury, contributing both to improved living conditions and to lower long-term running costs.

This approach reflects the changing priorities of today’s buyers, who increasingly evaluate a residence not only according to location and visual appeal, but also according to construction quality, environmental performance, technological readiness, privacy, security and long-term value.

Recognition Beyond Real Estate: AVAKON’s Commitment to Society

During the presentation, Member of the Hellenic Parliament and former Minister Makis Voridis congratulated Konstantinos Kioleoglou on receiving the award. Mr Voridis noted that, beyond AVAKON’s excellence in real estate development, the company—under Mr Kioleoglou’s leadership—has established an extensive Corporate Social Responsibility programme. Through this programme, AVAKON actively supports local communities, promotes sport and athletic initiatives, and participates in humanitarian actions, demonstrating that responsible entrepreneurship should create value not only through business achievement, but also through meaningful and lasting contributions to society.

Continuing the AVAKON vision

The Athens Riviera Luxury Award marks an important milestone in AVAKON’s development journey, but it also represents a commitment to the future.

The company will continue investing in premium residential developments across the Athenian Riviera, guided by the same principles that have shaped its work to date: architectural integrity, engineering excellence, transparency, reliability and respect for the client.

AVAKON extends its sincere appreciation to the organizers of the Athens Riviera Luxury Awards 2026, to the distinguished judging committee and to all those who contributed to this exceptional event.

The company also thanks its clients and professional partners for their continued trust and dedicates this distinction to every member of the AVAKON team whose work, expertise and commitment made this achievement possible.

AVAKON Real Estate Development remains committed to creating contemporary residences that reflect the quality, character and international potential of the Athenian Riviera.

About AVAKON Real Estate Development

AVAKON Real Estate Development is a Greek property-development company specializing in contemporary luxury residences in prime locations across the Athenian Riviera and selected Greek destinations.

Drawing on more than 30 years of experience in real estate, construction, engineering, development and property investment, AVAKON manages the complete development process—from land acquisition and project planning to construction, delivery and client support.

The company’s developments are distinguished by contemporary architecture, high energy performance, premium materials, functional design and carefully selected locations, with particular emphasis on proximity to the sea and long-term property value.

Media enquiries:
AVAKON Real Estate Development
Website: www.avakon.gr
Email: info@avakon.gr

Tel : +302108971971

Mr Theodoros Meletakos