HPPC leases asset located in Akrata Attika
HPPC leases asset located in Akrata Attika

HPPC leases asset located in Akrata Attika

The initial bid for the competition has been established at €15,000, with the lease term set at a duration of twenty (20) years.
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RE+D magazine
18.07.2025

The Hellenic Public Properties Co. (HPPC) has proceeded with the lease of a seaside land parcel with a building, located at Porovitsa Beach, Akrata, following a relevant competitive bidding process.

According to HPPC, the property under tender is located in the Regional Unit of Achaia and is registered under Property ID ABK 11. The asset comprises a building of 109.18 sq.m., situated on a land plot totaling 5,346.67 sq.m. It enjoys frontage along a designated shoreline and beach zone (Government Gazette 41D/27.01.1997) and is located approximately 1 km from the settlement of Krathio Akrata, within the Municipality of Aigialeia.

The starting price for the tender has been set at €15,000, with a lease term of twenty (20) years commencing from the date of contract signing. Interested parties must submit their supporting documentation by Thursday, September 25, 2025, at 14:00 (Greece time).

Through the strategic utilization of its real estate portfolio, HPPC aims to stimulate local economic growth, attract investment, and generate long-term value for both society and the national economy.