Yatrakos family: From the veto of the CoE for the islet of Patroklos to the hammer of Kifissia

her Matinas Harkoftakis

Faced with new adventures is the Giatrakou family, which has linked its name to the islet of Patroklos (or Gaidouronissi), which is located opposite Sounio and is only 850 meters from the mainland.

Possibly there is no other private island in Greece for which so much ink has been spilled with the possibility of its exploitation.

When in 1961 the lawyer Constantinos Giatrakos proceeded to purchase it from Aikaterini Benaki-Xydis, he in no way imagined the adventure that would follow with a multi-year legal battle with the Greek government.

The exploitation efforts that fell into the void

The odyssey for the heirs to whom the islet fell began when in 1982 it was placed in a zone of absolute protection in which any kind of construction is prohibited and then in 1998 it was classified as an archaeological site.

It was in fact that year where Patroklos was at the center of publicity as a tourist group of Israeli interests had expressed its interest in the development of the area, which intended – at least on paper – to invest the amount of 16 billion euros for the creation a casino named Midas as well as a hotel complex, while the plans also included two underwater tunnels, which would connect the islet with Lavrio.

The KYA and the CoE block

Although the venture failed, the Giatrakou family continued efforts to sell it as Patroklos continued to attract the interest of international investors to no avail.

The possibility of exploitation began to be removed in 2015 when a joint ministerial decision expressly prohibited any legal action on private islands or islets and on properties located on private islands, as long as these have been designated as archaeological sites.

This effectively put the tombstone on any move to sell, lease or exploit the island.

The Giatrakou family, however, did not remain idly by, appealing to the courts, asking, among other things, for full compensation from the Greek government.

After a series of appeals, the Council of State, with its decision about a year ago, put a stop to the potential sale of Patroklos, leaving, at the same time, the right to repair the potential damage to the owner.

The residence in Kifisia is under the hammer again

But now the Yatrakos family is facing another storm. Specifically, the sons of Petros Giatrakos, Patroklos-Panagiotis-Pandelis and Konstantinos Kaisaras, are invited to face the adventure of the auction again as on September 22 it is scheduled – unless there is a move to suspend it through procedures – to strike a second time the hammer for the family residence in the area of ​​Kifissia and more specifically in the State.

As indicated in the appraisal report, an attempt will be made to sell a plot of land of 2,627.94 sq.m. in which a two-storey house has been built, which consists of a basement, ground floor and first floor, with a total area of ​​870 sq.m., a ground floor warehouse, with an area of ​​62.40 sq.m. as well as a ground floor car park, 46.60 sq.m.

The price of the first offer has been set at 2.001 million euros, while Cepal Hellas is the runner-up.

It should be noted that initially the specific property was to be auctioned in 2019 with a starting price of 1.65 million euros, which was then increased to 2.001 million euros following an opposition request filed in court by the two brothers.

Then in November 2021 the hammer sounded for the first time on this residence, however the auction was aborted due to lack of bidders.

Source: Capital

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