Three-Apartment Property with Pool and Landscaped Gardens for Sale in Kato Korakiana, Corfu

Three-Apartment Property with Pool and Landscaped Gardens for Sale in Kato Korakiana, Corfu

Chase Real Estate is pleased to present this beautifully renovated three-storey property for sale in Kato Korakiana, a charming and authentically Corfiot village in the central-eastern part of the island. Offering 340m² of totally renovated living space across three independent apartments on a stunning 6,500m² landscaped plot with a large swimming pool and terrace areas, a sheltered BBQ area with beautiful views, and a large attic space ready for conversion into a further living level, this is a multi-unit residential and investment property of exceptional scale, natural beauty, and immediate commercial readiness in one of the most characterful and consistently appealing traditional villages in the greater Corfu area. At €1,500,000, the combination of land scale, multi-unit configuration, renovation quality, and village location makes this one of the more compelling residential investment acquisitions currently available in the central Corfu market.

The Property

The 340m² of totally renovated living space is distributed across three independent apartments on three floors, each with its own complete and self-contained specification that allows simultaneous independent occupation or letting across all three units without any shared living spaces or communal dependencies that would restrict their independent operation.

The ground level accommodates two apartments. The first is a 100m² two-bedroom apartment with its own kitchen and large open-plan living and dining room, providing the principal and most generously sized ground floor unit in a configuration of real domestic comfort and practicality. The second is a 45m² one-bedroom guest apartment with its own dining space and small kitchen, functioning as a compact but complete and independent unit that is well suited to a couple, a single guest, or as a supplementary rental unit that generates income alongside the larger apartments.

The first floor accommodates a 120m² three-bedroom apartment with beautiful balcony views, the largest and most commercially capable unit in the property and the one most naturally suited to a family or a group of up to six guests. The balcony views from this floor are one of the most appealing features of the first floor unit, connecting the interior to the quality of the rural Korakiana landscape and the surrounding countryside in a way that reinforces the overall premium character of the property at this level.

The second floor large attic space is ready and waiting to be created into a further living space, adding a fourth independent unit or an additional floor to one of the existing apartments depending on the buyer's development intentions. The attic conversion represents a clear and well-supported pathway to increasing both the total living area and the commercial rental capacity of the property at a moderate additional investment, and it gives the acquisition a development upside that is immediately actionable rather than speculative.

The Pool and Outdoor Space

The large swimming pool with its surrounding terrace areas is the centrepiece of the outdoor living environment and one of the most commercially significant features of the estate. Set within the 6,500m² of beautifully landscaped gardens, the pool and terraces create an outdoor leisure environment of genuine scale and natural beauty that reinforces the overall premium character of the property and that supports a rental proposition well above what a property without a pool and grounds of this scale could achieve in this market. The sheltered BBQ area with its beautiful facing views provides the outdoor cooking and entertaining infrastructure that the estate scale and the rental capacity of three independent apartments naturally demand, creating a shared outdoor amenity that serves all three units simultaneously without compromising the independence of any individual apartment.

The 6,500m² of beautifully landscaped gardens surrounding the pool, terraces, and building are the defining estate asset of this acquisition, providing a scale of private natural land that is genuinely exceptional for a renovated village property in the central Corfu market and that gives the overall estate its most enduring and commercially distinctive quality.

The Location

Kato Korakiana is a charming and authentically Corfiot village in the central-eastern part of the island, valued for its traditional stone-built architecture, narrow winding streets, colourful gardens, historic churches, and local tavernas, and for the combination of village character and practical accessibility to the east coast corridor and Corfu Town that makes it one of the more practically well-balanced residential village addresses in central Corfu. The village provides the relaxed and authentic Corfiot lifestyle that buyers seeking genuine local character consistently value, and its proximity to the east coast beaches of Ipsos and Dassia and the wider amenities of Corfu Town gives it a practical connectivity that more remote inland villages cannot offer.

Investment Potential

A totally renovated 340m² property comprising three independent apartments, a large swimming pool, 6,500m² of landscaped gardens, a sheltered BBQ area with views, and an attic conversion opportunity in Kato Korakiana at €1,500,000 represents a multi-unit residential and holiday rental investment of exceptional scale, renovation quality, and natural setting in the central Corfu market. The three independent units create three simultaneous income streams, the total renovation removes all maintenance uncertainty, the pool and garden scale give the estate a premium rental positioning, and the attic conversion provides a confirmed development upside. For buyers seeking a well-renovated, large-scale, multi-unit investment in a characterful Corfiot village with an exceptional garden and pool, this property deserves serious and immediate attention.