Calamos Supports Greece
GreekReporter.comSportsBasketballAntetokounmpo Makes Major Real Estate Investment in Greece

Antetokounmpo Makes Major Real Estate Investment in Greece

Giannis Antetokounmpo
NBA champion Giannis Antetokounmpo makes his first major real estate investment in Greece. Credit: Keith Allison / Wikimedia commons

During his summer vacation with his brothers, NBA champion Giannis Antetokounmpo made his first large investment in his native Greece.

According to the Proto Thema newsweekly, Giannis bought two villas in the new Rolling Greens neighborhood of Costa Navarino, in Messinia. Messinia is located in the southwestern part of the Peloponnese peninsula.

The two luxury villas are essentially the first investment made by the basketball player, also known as the Greek Freak, in the country. He visited the site in early September, along with his brother, Thanasis Antetokounmpo, for a short vacation, before returning to Milwaukee.

It is not the first time that Antetokounmpo, who is now vaccinated, vacationed in the area. He first visited Costa Navarino with his brothers during the 2018 NBA summer break, and apparently loved the tourist resort.

The purchase is apparently also related to Antetokounmpo‘s career, since the complex is ideal for athletes, offering very demanding training programs. The hotel villas have occasionally hosted sports celebrities such as football superstars Cristiano Ronaldo and Toni Kroos, and Greek tennis champion Maria Sakkari.

Costa Navarino among top tourist destinations

According to the publication, all 43 villas in the area have already been sold. They are under construction and they will be ready for habitation in the first quarter of 2023.

Costa Navarino is the prime sustainable destination in the Mediterranean. Located in the region of Messinia in the southwest Peloponnese, it was the dream of captain, entrepreneur and ship-owner Vassilis Constantakopoulos. He always wanted to preserve, promote and give back to his homeland.

His life’s work was to revitalize one of Greece’s most depressed regions with international luxury ecotourism. Costa Navarino offers luxurious, yet sustainable, options for people the world over to come and discover the unspoiled beauty of Messinia.

Navarino Residences, a collection of luxury villas for private ownership, present a unique opportunity to acquire luxury real estate in Greece. Named “European Golf Resort of the Year 2017” by the global golf tourism association IAGTO, Costa Navarino offers a world-class golf experience with its two 18-hole signature courses.

Antetokounmpo investment cost

The villas Antetokounmpo bought have 3 or 4 master bedrooms on one level, private pools and yards, with basement levels. They are on 235 to 295-square-meter (3,175 square foot) plots of land, measuring from 700 to 1300 square meters, (13,993 square feet) with a price ranging from 1.25 to 1.8 million euros.

This is the first major investment Antetokounmpo has made in Greece. Last year, he became part-owner of Ready Nutrition, a sports nutrition start-up. The company didn’t give an exact amount for Antetokounmpo’s investment, but said it is in the six-figure range.

Antetokounmpo, whose life is being made into a film, has repeatedly told Greek media that he doesn’t much care about the money he earns from basketball. “I just enjoy the game, my money is being invested by people I trust and I never even check to see what they are doing,” he said in a Cosmote TV interview last week.

In the same interview, when asked what it would take for him to give up basketball, he movingly said “Only if I could get my (dead) father back.” He added that he would go back to selling CDs on the street, like he did when he was a little boy, if only he could get his father back.

See all the latest news from Greece and the world at Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!

Related Posts