Eight-Apartment Complex for Sale in Ipsos, North East Corfu

Eight-Apartment Complex for Sale in Ipsos, North East Corfu

Chase Real Estate is pleased to present this eight-apartment complex for sale in Ipsos, one of the most active and consistently popular resort destinations on the north-east coast of Corfu, approximately 14km from Corfu Town. Comprising seven ground-floor apartments and one first-floor apartment of 50m² each, all with two bedrooms, a living room and kitchen, and a bathroom with bathtub, this is a multi-unit hospitality and investment asset of genuine commercial scale in a location whose consistent summer demand, beach proximity, and lively resort atmosphere make it one of the most reliable performing rental markets on the island. At €895,000 for eight independent apartments in Ipsos, the entry cost per unit and per square metre is among the most competitive available in the north-east Corfu investment property market.

The Complex

The eight apartments are arranged across ground and first floor levels with seven units at ground level and one on the first floor, providing a combined lettable inventory of 400m² across eight self-contained and independently operational units. Each apartment offers 50m² of living space in a practical and well-organised layout of two bedrooms, an open-plan living room and kitchen, and a bathroom with bathtub, a specification that makes each unit comfortable and complete for couples, small families, and pairs of friends seeking self-catering holiday accommodation in one of the north-east coast's most established resort areas.

The two-bedroom configuration of every unit is a commercially important characteristic of the complex as a whole, as two-bedroom apartments consistently outperform studios and one-bedroom units in achievable weekly rates and overall occupancy throughout the Corfu summer season, and the uniformity of the specification across all eight apartments gives the operation a consistency and manageability that simplifies both the rental marketing and the day-to-day management of the complex. All eight apartments can be let simultaneously and independently, creating the multi-stream rental income architecture that is the fundamental commercial advantage of a complex of this type over single-unit or smaller-scale rental properties.

The bathtub in each apartment is a specification detail that is notably less common in the apartment rental market than a shower-only bathroom, and it is a feature that guests who seek it actively note and appreciate, contributing to the overall impression of a complex that has been fitted out with genuine attention to guest comfort rather than minimum cost specification.

The Location

Ipsos is one of the most vibrant and consistently busy resort villages on the north-east coast of Corfu, centred around a long sandy beach with a comprehensive infrastructure of restaurants, cafés, bars, shops, supermarkets, water sports, and everyday services that provides everything residents and guests need within easy walking distance. The beach is the primary driver of visitor demand in Ipsos throughout the summer season, and the combination of beach access, resort amenities, and the lively social atmosphere of the village creates a consistent and high-volume demand for self-catering accommodation of the type this complex provides. Properties within the Ipsos resort area consistently achieve strong occupancy throughout a season that extends from late spring well into autumn on this sheltered east coast location.

Corfu Town is approximately 14km away and accessible within a comfortable drive, providing the full range of urban services, the historic Old Town, the international airport, and the port within an entirely practical journey time that makes the complex suitable as a base for guests who wish to explore the full breadth of the island during their stay.

Investment Potential

Eight two-bedroom apartments of 50m² each, all with bathtubs, in a consistently active and well-serviced resort location on the north-east coast of Corfu, offered as a combined investment package at €895,000, represents an acquisition whose per-unit entry cost of approximately €112,000 and per-square-metre land cost are among the most competitive available in the north-east Corfu multi-unit market. The eight independent units operating simultaneously throughout the season create a rental revenue ceiling that a single villa or smaller-scale rental investment cannot approach, and the established resort demand of the Ipsos market ensures that occupancy performance across the complex is supported by one of the most reliable and well-evidenced visitor bases on the island. For buyers looking to enter or expand their presence in the Corfu holiday rental market with a multi-unit operational asset in an established and proven resort location, this complex represents a well-priced and immediately compelling opportunity.