Israeli investors are developing a private residential community near Thessaloniki that's being compared to the kibbutz ...

Israeli investors are developing a private residential community near Thessaloniki that's being compared to the kibbutz model, a concept born in early 20th-century Palestine that became central to Israeli society. The project, called Neorama Thessaloniki, is being built in Epanomi, a coastal area southeast of Thessaloniki. It has been marketed directly to Israeli audiences looking to invest in or relocate to Greece, with Israeli community manager Liron Orlev among the key figures on the development team. The concept goes well beyond standard property development. Buyers purchase private homes ranging from 110 to 180 square meters, sitting on plots of 2,000 to 4,000 square meters, with prices advertised between approximately 322,000 and 589,000 euros. The development also includes communal gardens, recreational facilities, and shared spaces for social, cultural, and educational activities. The kibbutz comparison is deliberate but not literal. Traditional kibbutzim were built on collective ownership and communal economics, while Neorama residents retain full private property rights. The connection is in the founding idea: building a purposeful community from scratch rather than putting houses next to each other and hoping neighbors connect. The first kibbutz, Degania, was established around 1909 on the southern shore of the Sea of Galilee, during the Ottoman period in Palestine. It became the template for a movement that shaped the agricultural and social foundations of what would later become Israel. The Epanomi project is now drawing a line, however loose, from that origin to northern Greece in 2026. The target audience is international buyers with serious purchasing power, including entrepreneurs, remote workers, and retirees seeking private space within an organized community setting. Whether this model spreads to other parts of Greece remains to be seen, but Neorama may be the first test case for a new category of Greek real estate entirely. #Greece #Thessaloniki #RealEstate