Estia Developments is a real estate company based in Athens, Greece, focused primarily on the development of high-quality residential properties. The company has a diverse international presence, with offices in Lebanon, China, and Portugal. Antoine Assi, one of the founding partners, was drawn to Greece due to its natural beauty and potential for long-term investment, particularly during the financial crisis when property prices were low.
Estia Developments has expanded its portfolio across Athens, focusing on both high-end and underdeveloped areas. The company manages around 2,000 rental apartments and has made significant acquisitions in areas like Glyfada, Voula, and Palaio Faliro. Its projects include The Edge in Kallithea and upscale apartments in Vouliagmeni.
The company's activities are driven by trends in tourism and expat demand, leveraging Greece's popularity as a tourist destination. Estia Developments offers comprehensive services, including in-house design and property management. Clients can contribute to the design process, supported by a team of architects and interior designers.
Estia is recognized for its innovative approach to real estate development, incorporating eco-friendly materials and smart home technologies. The company aims to secure a strong land bank and strengthen its team to navigate Greece's regulatory environment, positioning itself for future growth in the Greek real estate market.