Greek Mansion With Roof Deck Overlooking the Aegean Sea Lists for €6.5 Million
A Greek retreat with a rooftop pool and terrace has hit the market for €6.5 million (US$6.989 million).
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Known as Andromeda, the mansion is located in the neighbourhood of Vaporia in Ermoupolis, the historic capital of Syros island, about a four-hour car and ferry trip from Athens. It offers just over 5,000 square feet and far-reaching views of the Aegean Sea, according to the listing with Greece Sotheby’s International Realty.
The design breaks free from the white-and-royal blue color scheme Greece is known for, instead featuring a pink facade and teal, amber, lemon and pink interiors. There are also herringbone wood floors and arched glass doorways.
“We fell in love with this very special house, one of the last neoclassical mansions to be built in Greece,” co-owner and author Oana Aristide said in an email. “The island itself looks more Venetian than Cycladic, and its century of glory is rooted in cosmopolitan, modern ambition. We therefore kept the generous spaces and original architectural details but combined it with iconic contemporary design elements. The goal was a fresh 21st century take on old-world elegance.”
Indeed, the home “is all about Old World elegance, where Greek neoclassical and Art Deco accents grace this imposing property,” Despina Laou of Greece Sotheby’s International Realty said in the listing.
A marble staircase with Doric columns on the upper level at the center of the mansion, and there are high, decorative ceilings throughout, the listing said. There’s also a wet bar with a dark red wall and a circular bar shelf.
There are 10 en-suite bedrooms, with marble accents in the bathrooms, and “outdoor plunge pools and private verandas with expansive sea views of the nearby islands of Mykonos and Tinos extend off some of the rooms,” the listing said. The home has most recently been used as a hotel.
A highlight of the home is undoubtedly the roof deck, where guests and residents can take in sunrises and sunsets while lounging poolside.
Vaporia, once populated with the island’s shipowners and industrialists, is within walking distance of the charming historic port, home to Greece’s first opera house dating to 1864, according to the listing. Beaches and waterfront dining are a short drive away, as are other island villages.
Mansion Global could not determine when the home last traded, or for how much. The owners did not immediately return a request for comment.
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The grand harbourside residence combines sweeping Sydney Heads views, resort-style entertaining and refined designer finishes with a reported $36 million price guide.
Rising rates, construction inflation and shrinking investor confidence are pushing Australia deeper into a dangerous housing spiral that monetary policy alone cannot fix.
Office rents in Sydney, Melbourne and Brisbane are climbing at their fastest pace since the pandemic as tenants compete for premium CBD space amid tightening supply.
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Australia’s major CBD office markets are recording some of their strongest rental growth since the pandemic, with businesses increasingly prioritising premium office space despite elevated geopolitical and economic uncertainty.
Knight Frank’s Australian Office Indicators Q1 2026 report found net effective rents in Sydney and Melbourne CBDs rose at their fastest annual pace since COVID-19, increasing 10.2 per cent and 6.8 per cent respectively over the 12 months to March.
Brisbane posted the strongest growth nationally, with net effective rents climbing 11.7 per cent over the same period.
The report points to a widening divide between prime CBD office towers and secondary office stock, as occupiers increasingly focus on quality, location and workplace amenity when making leasing decisions.
Knight Frank Senior Economist, Research & Consulting Alistair Read said demand remained heavily concentrated in premium assets within core CBD precincts, helping drive stronger rental growth in top-tier buildings.
“Occupier demand continues to be heavily concentrated in the most desirable CBD precincts and the highest-quality buildings, accelerating a sharp divergence between core and non-core markets,” Mr Read said.
According to the report, Sydney’s Core precinct and Melbourne’s Eastern Core significantly outperformed broader CBD markets over the past year.
“In Sydney’s Core precinct and Melbourne’s Eastern Core, net effective rents surged 14.3% and 16.1% over the past year, significantly outperforming the rest-of-CBD precincts,” Mr Read said.
The rental gap between prime and non-prime office locations has also continued to widen sharply.
“As a result, core CBD rents are now 54% higher than non-core locations in Sydney and 93% higher in Melbourne, highlighting the growing premium placed on amenity, accessibility and workplace quality,” he said.
Knight Frank said the strong rental growth across the major CBDs was being underpinned by a limited supply pipeline, with few new office developments expected to be delivered in the near term.
Mr Read said subdued construction activity was likely to support ongoing rental growth and tighter vacancy rates over the medium term, particularly for premium office towers.
“The combination of sustained demand and declining levels of new development will aid ongoing prime rental growth and lower vacancy rates over the medium term, particularly for best-in-class assets,” he said.
The report noted that current economic conditions were making new office developments increasingly difficult to justify financially.
“Economic rents remain well above expected market rents, making the construction of new office towers largely unviable, and concentrating tenant demand into existing buildings,” Mr Read said.
While suburban office markets generally remained subdued compared with CBDs, Melbourne’s Southbank precinct was identified as a relative outperformer, recording annual net effective rental growth of 2.7 per cent.
The report comes as broader Asia-Pacific office markets continue to stabilise following several years of disruption linked to hybrid work trends, inflation and rising interest rates.
Knight Frank’s separate Asia-Pacific Q1 2026 Office Highlights report found Sydney and Brisbane were among the strongest-performing office rental markets in the region, behind only Bengaluru and Tokyo for annual prime net face rental growth.
The Asia-Pacific report also found 18 of the 24 cities monitored across the region recorded stable or increasing rents in the first quarter of 2026, even as geopolitical uncertainty intensified following escalating conflict in the Middle East.
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