Greece

Luxury Real Estate in Greece: Paulina Billiri on Investing in the Athens Riviera

Luxury Real Estate in Greece: Paulina Billiri on Investing in the Athens Riviera
Paulina Billiri - CEO “PAULINA BILLIRI Luxury Real Estate”

With a distinguished 25-year career in luxury real estate, Paulina Billiri has established herself as one of Greece’s most respected and accomplished luxury property advisors. As the founder of Paulina BILLIRI Luxury Real Estate, she has built her reputation on landmark high-value transactions across the Athens Riviera, representing Greek and international investors, shipowners, entrepreneurs, prominent figures from the worlds of art and sports, as well as members of the Greek diaspora investing in their homeland—all with the utmost discretion. Combining in-depth market expertise, a powerful international network, and extensive experience in confidential off-market transactions, she has built enduring relationships founded on trust, integrity, and exceptional personal service.

What was the vision that inspired you to begin your career?

From the very beginning, I understood that success in luxury real estate is about far more than bringing a buyer and a seller together. The true role of a trusted advisor is to guide, protect, and create lasting value for each client. My vision was to establish a company founded on trust, expertise, honesty, and long-term relationships. I have never believed in transactional business. I have always believed in relationships built with consistency and integrity—relationships that stand the test of time.

What do you consider the greatest asset you have gained over these years?

Without hesitation—the people. The majority of our clients come through referrals from people who placed their trust in us many years ago. Today, we have the privilege of working with the second generation of many of those same families, and that is the greatest reward I could ever receive. Trust cannot be bought. It is earned every single day through consistency, discretion, and genuine respect for those who choose to place their confidence in you.

You have managed numerous high-value transactions. What does such a collaboration require?

Discretion is the foundation of every successful partnership. Our clients are not simply searching for a property.

They seek an advisor who will safeguard their interests, respect their privacy, and guide them responsibly throughout every stage of the process.

I have had the privilege of representing Greek and international investors, shipowners, entrepreneurs, and high-profile individuals.

In every one of these relationships, confidentiality has always been a non-negotiable principle.

You specialize in off-market transactions. What does that mean in practice?

Many of the market’s most exceptional properties are never publicly listed. Off-market transactions are built entirely on trusted relationships cultivated over many years. The true value of a luxury real estate advisor lies not only in knowing the property but in understanding the people behind it—their aspirations, their needs, and knowing how to bring the right parties together at precisely the right moment.

“In the world of luxury real estate, trust is the greatest asset”

What profile of buyer is drawn to the Athens Riviera?

The Athens Riviera has become one of Europe’s most desirable destinations for luxury living. We work with investors from the United States, the United Kingdom, Switzerland, France, Germany, the Middle East, as well as Greeks living abroad. Most are looking for an exceptional quality of life, privacy, security, refined aesthetics, world-class infrastructure, and properties that retain their long-term value.

Travel and continuous education play an important role in your life.

Absolutely. I believe that a luxury real estate advisor should never stop learning. I regularly travel to the world’s leading luxury real estate destinations, attend international exhibitions, conferences, and executive education programs because I consider knowledge to be the most valuable investment any professional can make. Exposure to different markets and investment cultures enables me to better understand the expectations of international clients and deliver services that meet the highest global standards.

What makes a property truly exceptional?

A property’s uniqueness is not defined solely by its value or location. A truly exceptional residence combines outstanding architecture, superior craftsmanship, privacy, unobstructed views, functionality, and timeless appeal. Properties of this caliber are rare, which is precisely why they continue to appreciate in value over time.

How do you see the future of the luxury real estate market?

I am extremely optimistic. Greece—and particularly the Athens Riviera—has firmly established itself as one of the world’s premier destinations for luxury residential investment. Large-scale developments, state-of-the-art marinas, significant infrastructure investments, and growing international demand are creating remarkable opportunities for the years ahead.

How do you define true luxury?

Luxury is quality of life. It is not about displaying wealth.

It is about living in a home that reflects who you are; a place where you feel secure and at peace; the time you dedicate to the people you love; a journey that broadens your horizons; or a work of art that inspires you. True luxury is the freedom to choose the life you want to live.

The second generation is preparing to join the family business. What does that mean to you?

It is both a joyful milestone and a great responsibility. The next generation brings fresh ideas, contemporary expertise, and a new perspective. When these qualities are combined with the experience, values, and trusted relationships we have built over the past 25 years, they create a powerful foundation for the future. I believe the greatest achievement of any family business is its ability to evolve without ever losing its identity.

If you had to summarize your philosophy in one sentence, what would it be?

I would summarize it in a single word: Trust. Homes change hands, markets evolve, but relationships built on honesty, expertise, and mutual respect last a lifetime. To me, that is the true essence of luxury real estate.

*This interview is featured in the new issue of Volta Magazine and was conducted by Fotini Androulaki.

VOLTA goes beyond traditional magazine stands, finding its way into the lounges of Greece’s most prestigious 5-star hotels, elite clubs such as the Ecali Club, Amarousi Equestrian Club, and the Shipowners Club, and high-end yachting and marine venues. In addition, the magazine’s digital issues reach business circles in New York and Boston, reflecting its status as a publication for the global elite.

Through VOLTA, readers step into a world of the art of living, where every page serves as an invitation to indulge in the exceptional.

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Milos By Yacht - Experience an Enchanting Cruise Through a Cycladic Wonder

Milos By Yacht - Experience an Enchanting Cruise Through a Cycladic Wonder

Milos, the volcanic jewel of the Cyclades, is one of the most enchanting destinations in Greece – and perhaps the most ideal to explore by yacht. With over 70 beaches, caves, and hidden coves, the island reveals its secret charm only when approached from the sea. Sailing around Milos is a once-in-a-lifetime experience, a dive into beauty, history, and the wild spirit of the Aegean. Exploring Milos by yacht is more than a holiday – it’s a journey. A journey through raw beauty, sea-carved mystery, and sun-drenched tranquility. From the calm waters of Adamas to the dramatic cliffs of Kleftiko and the untouched nature of Polyaigos, Milos reveals itself only to those who approach with curiosity and respect. And a yacht is the magical key that unlocks it all.

Departure from Adamas

Your journey begins at the port of Adamas, one of the safest natural harbors in the Mediterranean. Here, you can rent a sailing or motorboat – either bareboat if you’re licensed, or with a skipper for a carefree experience. Adamas is the perfect starting point, centrally located to access both the northern and southern coasts with ease. Before setting sail, it’s a good idea to stock up on fresh produce, water, and supplies from the local shops. Don’t forget to pack a snorkel, mask, and an underwater camera – Milos is a snorkeler’s paradise.

Sarakiniko: Milos’ Lunar Landscape

First stop: the iconic Sarakiniko. Although accessible by land, approaching it from the sea offers a stunning new perspective. The white volcanic rock formations appear sculpted by wind and time, resembling a moonscape. Sarakiniko is ideal for kayaking or stand-up paddling, with small caves and channels waiting to be explored.

Kleftiko: The Heart of Aegean Adventure

Heading southwest, the landscape becomes more dramatic. Sheer cliffs and rugged formations signal the approach to Milos’ most famous landmark: Kleftiko. Only accessible by boat, this mesmerizing complex of rocks and sea caves was once a hideout for pirates – hence the name “Kleftiko,” meaning “stolen” or “thieves’ place” in Greek. Here, you’ll want to anchor for a while. Dive into the turquoise waters, explore the caves by swimming or dinghy, and if you have the gear, try free diving through underwater tunnels connecting the caves. The peace, the colors, and the eerie beauty of the rocks create an unforgettable experience.

Tsigrado, Firiplaka and Sikia

Continuing along the southern coastline, you’ll encounter a series of incredible beaches that are difficult to access by land. Tsigrado, with its narrow descent through a rock crevice, looks magical from the sea. Firiplaka, with its multi-colored cliffs and golden sand, is perfect for a lunch break on board, surrounded by volcanic grandeur. A bit further along lies Sikia – a hidden gem. This collapsed sea cave has a circular opening that lets sunlight pour in from above. It’s ideal for a short swim or picnic in total serenity. If you’re lucky, you might spot monk seals or rare birds nesting on the cliffs.

Polyaigos: Milos’ Wild Sister

If you have extra time, venture east to Polyaigos, the largest uninhabited island in the Aegean. Untouched by development, its pristine beaches and crystal waters feel almost tropical. A protected natural habitat, Polyaigos is a sanctuary for wildlife and a must-see for nature lovers. Anchoring in one of its secluded coves gives you a chance to immerse yourself in the pure, untamed beauty of the Aegean – far from crowds and civilization.

Sunset in the Bay of Milos

As the day winds down, return to the Bay of Adamas. If time allows, sail up to the picturesque villages of Plaka or Klima, where the iconic fishermen’s houses line the shore. Watching the sun set behind the cliffs, bathing the white rocks in golden-pink hues, is the perfect close to your journey.

Tips for Sailing Around Milos

Weather: Always check the forecast before departure. The northern coastline can be rough in strong meltemi winds.

Anchor Points: Best spots include Kleftiko, Firiplaka, and Polyaigos. Some anchorages are deep – experienced handling may be needed.

Best Time to Visit: June to early September offers the best sailing conditions. July and August are busier but offer plenty of organized cruise options.

Options for Everyone: Even if you’re not licensed, many day cruises are available – from small boats and catamarans to luxurious yachts.

Text & Photos: Ioanna Paravalou

Article by VOLTA Magazine - standing out as a beacon of sophistication and elegance, capturing the essence of luxury living for a discerning audience. Published quarterly in both Greek and English, VOLTA curates a lifestyle that celebrates the finest in fashion, culture, and the arts, appealing to women and men who value exclusivity and high-end experiences.

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