×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
08
Dec 2025
weather symbol
Athens 14°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Politics

The story behind Kasselakis’ residence in Spetses exemplifies nuanced financial and legal intricacies

The residence, subject to multiple auctions and disputed transfers, currently serves as a venue to convene SYRIZA's strategic discussions

Newsroom June 6 01:51

Initially secured through a parental provision in 1990, when Stefanos was merely two years old, the estate has navigated a series of financial turbulences. Following financial irregularities involving his father, 50% of the usufruct was subjected to an auction. In an eleventh-hour maneuver, Theodoros Kasselakis endeavored to assign his portion to Stefanos, an action ultimately nullified by judicial decree.

Despite these setbacks, the Kasselakis family maintained usage of the estate. By 2017, Stefanos succeeded in re-acquiring 50% of the usufruct, compensating the auction’s beneficiaries with €100,000. The transaction included a pre-notification clause, which was later resolved in 2018, thus consolidating Stefanos’ position.

See Also 

Beaches reminiscent of an island in the Mediterranean

In 2004, a separate legal proceeding resulted in Stefanos’ grandmother obtaining the remaining 50% usufruct from his mother, predicated on a €90,000 debt claim. This strategic acquisition ensured familial control of the property, particularly following Theodoros Kasselakis’ loss of corporate control to an offshore entity associated with his legal counsel, Michalis Varklandis. The story of the Kasselakis estate reflects the multifaceted financial and legal challenges faced by the family, culminating in the eventual stabilization of ownership under Stefanos’ tenure.

 

>Related articles

Famellos replied to Tsipras for hiding him in the balcony: We are talking about partnerships without personal ambitions

Tsipras signaled the creation of a new party through self-organization, saying that the parties of the progressive camp have completed their cycle

Kasselakis: Tsipras was saying to me “why don’t you close Avgi and Kokkino” – I found empty coffers at SYRIZA

 

 

Ask me anything

Explore related questions

#Kasselakis#Spetses#syriza
> More Politics

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Family confrontation – Andreas Psicharis sues his father’s widow for 19 works of art of immense value

December 7, 2025

The story of Greece’s trolleybuses: From the first routes to the the last

December 7, 2025

“We are really very close to a peace agreement for Ukraine,” says Trump’s special envoy

December 7, 2025

Dismantling of trolleybus cables begins in Piraeus — Watch the video

December 7, 2025

Armed police raid at Heathrow: Train services suspended, arrests and tear gas reported

December 7, 2025

Mitsotakis: “Farmers will receive every euro they are entitled to — Solutions come through dialogue, not roadblocks”

December 7, 2025

Improved weather today — where local showers are expected

December 7, 2025

The livestock farmer who tearfully bid farewell to his 450 sheep collapses; Hospitalized in Giannitsa with stroke symptoms

December 7, 2025
All News

> World

“We are really very close to a peace agreement for Ukraine,” says Trump’s special envoy

Keith Kellogg stated that everything now depends on discussions about the future of Donbas and the Zaporizhzhia nuclear power plant

December 7, 2025

Armed police raid at Heathrow: Train services suspended, arrests and tear gas reported

December 7, 2025

“My stalker kidnapped me from my bed — I bargained for my life”

December 7, 2025

Tragedy for the 33-year-old climatologist who died on an Austrian mountain after her partner left to get help

December 6, 2025

The secret lives of Putin’s hidden children: Growing up in wealth and isolation

December 6, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα