Modern, upscale and innovatively designed building complex "Avra" is created by LAMDA Development in Kifissia

Monday, June 9, 2003

“Avra” Building Complex: Kifissia enters a new era with the significant contribution of LAMDA Development

Modern, upscale and innovatively designed building complex "Avra" is created by LAMDA Development in Kifissia


LAMDA Estate Development (100% owned by LAMDA Development) is developing a modern building complex – with an area of 10,000 m2 – on Avra and Gounaris streets in Kifissia. The goal of the investment is to develop a housing complex that offers a truly unique design, innovative aesthetics and a high standard of living while simultaneously providing an important long-term investment.

The site is located on one of the few remaining large plots of land in Kefalari, covering an area of approximately 10,000 m2. The project is already under construction and developing rapidly with the goal of creating an upscale building complex with high standards. Special priority is given to the use of high-quality materials, functionality and operational advantages in the home designs as well as the creation of a harmonious environment with the building complex and its surrounding area.

By choice and upon a long-term planning process, LAMDA Estate Development is emphasizing heavily on the formation of large gardens and other areas of flora and fauna surrounding the building complex. Additional benefits of the housing complex include athletic facilities, a communal garden with an area of 4,000 m2, pedestrian-friendly footpaths and many areas planted with trees, bushes and flowers.

The houses have been built strategically around the building complex’s large central area of greenery. The building complex consists of five three-story buildings with apartments covering areas from 160 m2 to 420 m2, with 3, 4 or 5 bedrooms. The underground area of the complex includes garages that have been strategically designed to connect directly to the main entrance in an effort to avoid disturbing the area’s peaceful environment.

Finally, all “Avra” residents will benefit from professional maintenance services that provide security, cleaning and maintenance for the entire building complex.

The project is schedule for completion within 2004. Potential buyers have already expressed a strong interest and thus, LAMDA Estate Development is moving quickly with the goals of offering a new building complex that will serve as a benchmark for the development of similar projects in the real estate sector. The architectural study for the building complex was undertaken by “Photiadis & Associates”.

To Editors:

For further information please contact CIVITAS SA,
Pandora Lycouri +30 210 6835 403
Nectaria Metrakou +30 210 6852400 (ext. 230)