200m² House with 4,000m² Plot for Sale in Gouvia, Corfu

200m² House with 4,000m² Plot for Sale in Gouvia, Corfu

Chase Real Estate is pleased to present this generously proportioned 200m² house for sale in Gouvia, Central Corfu, set on a private 4,000m² plot surrounded by greenery just minutes from Gouvia Marina and with easy access to Corfu Town and the airport. Currently divided into five self-contained studio units and in need of renovation, the property offers a compelling combination of scale, land, and flexibility for buyers with a clear vision, whether the intention is conversion into a large modern private residence, development into a rental complex, or a phased approach that combines personal use with investment income. At €400,000 for 200m² of liveable building on 4,000m² of private land in this well-connected central Corfu location, the value per square metre of land and the development potential are both exceptional.

The Property

The 200m² building is currently arranged as five self-contained studio units, each with its own bathroom, providing a total of five bedrooms and five bathrooms across the existing layout. The studio configuration confirms that the building already has the internal division and the bathroom infrastructure that either a continued or enhanced multi-unit rental operation or a reconfiguration into fewer and larger apartments would require as its starting point, and it gives a buyer a liveable and structurally intact starting position rather than a blank shell or a derelict building.

The renovation requirement across the building is the context within which the opportunity exists, and for a buyer with renovation experience or professional construction support the gap between the current condition and the finished potential of a 200m² property on 4,000m² of private land in Gouvia is a value creation opportunity of real commercial significance. The building can be approached as a straightforward renovation and modernisation of the existing studio layout, retaining the five independent units and bringing each to a contemporary rental standard, or it can be reconfigured more substantially into a smaller number of larger and more generously proportioned apartments, or converted into a single large private residence that makes the most of the full 200m² footprint and the 4,000m² of surrounding land as one cohesive estate.

The Plot and Outdoor Space

The 4,000m² of private plot surrounding the building is the most commercially significant asset of this acquisition and the feature that gives it its most fundamental and enduring development advantage. A 4,000m² plot in the residential area of Gouvia, within easy reach of the marina and Corfu Town, provides the outdoor space for pool installation, landscaping, terracing, parking, garden development, and any combination of outdoor amenities that a finished residential or rental project in this location would require and benefit from. The ample outdoor space with confirmed pool potential is directly relevant to the rental market positioning of any developed product here, as a property of this footprint with a pool on a plot of this scale in Gouvia would perform at the premium end of the local holiday rental market.

The Location

Gouvia is one of the most practically well-connected and consistently in-demand residential areas of Central Corfu, positioned on the east coast corridor just north of Corfu Town with Gouvia Marina, one of the largest and best-equipped yacht marinas in the Eastern Mediterranean, immediately accessible. The full range of shops, supermarkets, restaurants, and everyday services in Gouvia and the adjacent Kontokali corridor makes the area one of the most practically self-sufficient residential addresses on the island, and Corfu Town, the airport, and the port are all within a short and entirely practical drive.

Investment Potential

A 200m² building currently divided into five studio units with five bathrooms, set on a 4,000m² private plot with pool potential, easy road access, proximity to Gouvia Marina, and straightforward access to Corfu Town and the airport, in need of renovation and offered at €400,000, represents a residential development and investment acquisition of exceptional land value and genuine flexibility in the central Corfu market. The price per square metre of land and the development optionality of a building of this size on a plot of this scale in this location are both strongly supportive of the acquisition at the asking price, and the range of development outcomes available, from a premium multi-unit rental complex to a single large private estate, gives the acquisition a breadth of appeal that straightforwardly specified properties of the same price cannot match.