Corfu vs. Other Greek Islands – Which Offers the Best Investment Opportunities?

Greece is home to some of the world’s most beautiful islands, each offering a unique combination of culture, lifestyle, and real estate potential. Corfu, with its stunning landscapes, rich history, and prime location in the Ionian Sea, has long been a favorite for tourists and property buyers alike. But with other popular Greek islands, such as Mykonos, Santorini, and Crete, also attracting attention from investors, which one is the best choice for real estate investment in 2025?

In this article, we’ll compare Corfu real estate with that of other famous Greek islands and highlight why Corfu might just be your ideal investment location.

1. Property Prices: Corfu vs. Other Popular Greek Islands

Corfu Real Estate Prices

Corfu is generally more affordable than luxury-focused islands like Mykonos and Santorini. While you can find luxury villas with stunning sea views, the island offers a broad range of properties at different price points. Apartments and houses in the town can be far more affordable, making Corfu an attractive option for first-time buyers, retirees, and investors looking for value for money.

• Average Property Price in Corfu (2025):

  • Villas: €200,000–€500,000

  • Apartments: €90,000–€200,000

  • Land: €50,000–€200,000

Other Greek Islands

• Mykonos & Santorini: The average cost of a luxury villa starts at around €800,000 and can easily surpass €5 million. Apartments in Santorini or Mykonos typically start at €400,000–€600,000.

• Crete: More affordable than Mykonos and Santorini but still pricier than Corfu, with average property prices around €150,000–€400,000 for standard homes.

Conclusion: If you’re looking for an affordable entry point with great long-term potential, Corfu offers significantly lower initial investment costs compared to other high-demand islands.

2. Rental Yields: Corfu vs. Other Greek Islands

Corfu’s Rental Market

Corfu has become a top destination for tourists, and this demand translates into solid rental yields. The short-term rental market, especially for vacation homes, offers investors high rental returns, particularly in Corfu Town and beachfront properties in popular areas like Glyfada and Paleokastritsa. Investors can expect 5–8% rental yields during peak seasons (June–September).

• Popular Rental Areas in Corfu:

  • Corfu Town: Ideal for short-term rentals due to its historic charm and proximity to amenities.

  • Glyfada & Paleokastritsa: Great for tourists seeking beach access and luxury accommodations.

Other Greek Islands’ Rental Yields

• Mykonos & Santorini: These islands offer the highest rental yields, especially for luxury villas. However, due to the premium prices, the entry costs are significantly higher. Expect 6–10% yields during peak seasons.

• Crete: Offers good rental potential, especially for long-term rentals and vacation homes, with yields ranging from 4–6%.

Conclusion: Corfu offers solid rental yields without the inflated prices of other luxury islands. Its affordable entry point and growing popularity with tourists make it a great rental investment opportunity.

3. Market Stability: Corfu vs. Other Greek Islands

Corfu’s Real Estate Market

Corfu’s real estate market has shown consistent growth over the years, driven by tourism, international buyers, and a favorable environment for foreign investments. Compared to Mykonos or Santorini, Corfu has experienced less price volatility, providing a more stable investment environment for those looking for a long-term hold.

Other Greek Islands’ Market Stability

• Mykonos & Santorini: These islands are highly desirable but also prone to price volatility. Luxury properties are at the mercy of global economic shifts and international market trends. However, high demand and limited supply keep the luxury market robust.

• Crete: Crete has a large and diverse market, making it a stable option, but it doesn’t have the premium appeal of Mykonos or Santorini. Its price growth is steady but not as explosive.

Conclusion: For long-term stability and steady growth, Corfu is a stronger choice compared to the more volatile luxury markets of Santorini and Mykonos.

4. Lifestyle: Corfu vs. Other Greek Islands

Corfu: A Blend of Tranquility and Culture

Corfu offers an ideal mix of beachfront living, historic charm, and natural beauty. Known for its Mediterranean lifestyle, Corfu has something for everyone: stunning beaches, vibrant towns, and rich cultural heritage. It’s perfect for those seeking a relaxed lifestyle or a vacation home with easy access to Corfu Town’s vibrant cultural scene.

Other Greek Islands:

• Mykonos & Santorini: Known for their luxury lifestyle and glamorous atmosphere, these islands cater to tourists seeking an exclusive experience. The pace of life can be fast, especially in peak season.

• Crete: Crete offers a more authentic Greek experience with a laid-back vibe, ideal for those seeking a slower pace of life, but it can lack the luxury appeal of more popular islands.

Conclusion: Corfu provides a more balanced lifestyle, combining relaxation and culture, which appeals to a broader range of buyers, including those looking for a vacation home or retirement destination.

5. Accessibility: Corfu vs. Other Greek Islands

Corfu’s Accessibility

Corfu’s international airport offers direct flights from major cities across Europe, making it one of the most accessible Greek islands for tourists and buyers. It also has a strong ferry network, connecting it to other Ionian islands and mainland Greece.

Other Greek Islands’ Accessibility:

• Mykonos & Santorini: Both islands are easily accessible by air and ferry, but Mykonos has a smaller airport with limited international connections.

• Crete: With a major international airport in Heraklion, Crete is very well connected, making it easy to access year-round.

Conclusion: Corfu’s excellent accessibility makes it an attractive option for international buyers looking for a convenient vacation home or investment property.

Conclusion: Why Corfu is the Best Investment Option in 2025

When it comes to affordable pricing, stable growth, and strong rental potential, Corfu stands out as one of the best investment opportunities among Greek islands. While Mykonos and Santorini offer luxurious properties, Corfu provides greater value for first-time buyers, investors, and those seeking a beautiful lifestyle. The island’s charming atmosphere, growing tourism, and affordable property market make it an ideal choice for those looking to invest in Greece.

For more information on property for sale in Corfu, visit Chase Real Estate Corfu.