150m² Investment Floor with Six Rooms for Renovation in Ipsos, Corfu – €225,000

Price: €225,000 | Floor Area: Approx. 150m² | 6 Rooms | Central Common Area | Requires Renovation | Approx. €1,500/m² | Walking Distance to Ipsos Beach

Chase Real Estate Corfu is pleased to present this approximately 150m² investment floor in Ipsos, offering an interesting renovation and income-generating opportunity within walking distance of the beach, restaurants, shops and local amenities. Currently arranged as six individual rooms surrounding a central common area, the property provides a flexible existing layout that could be redesigned according to the future owner's intended use.

The Property

The floor extends to approximately 150m² and currently comprises six individual rooms together with a central communal area.

The existing arrangement provides a practical starting point for redevelopment, with the six-room configuration offering flexibility for an investor looking to create multiple accommodation units or an alternative residential layout.

The property requires renovation throughout, allowing the future owner to modernise the accommodation and determine the final specification according to their investment strategy.

Existing Layout

The floor currently contains six individual rooms arranged around a central common area.

This configuration creates several possibilities for future redevelopment. Depending on the proposed design and the necessary technical and legal approvals, the space could potentially be transformed into individual holiday studios, longer-term rental accommodation, staff housing or another residential configuration.

Alternatively, the approximately 150m² floor could be redesigned more substantially to create fewer but larger residential units.

The final number, size and configuration of any independent units would need to be determined by an architect or engineer and confirmed as part of the renovation and approval process.

Renovation Potential

The property is offered as a renovation opportunity rather than a completed investment product.

This gives the purchaser the ability to determine the quality, style and configuration of the finished accommodation rather than inheriting an existing renovation.

For an investor, this provides an opportunity to create a product specifically designed around their preferred market, whether focused on seasonal visitors, longer-term tenants or accommodation requirements within the wider Ipsos area.

At an asking price of €225,000, the property is priced at approximately €1,500 per square metre before renovation costs.

The Location

The location is one of the property's principal advantages.

Ipsos is one of Corfu's most established coastal destinations, with a long beachfront and a wide selection of restaurants, cafés, supermarkets, shops and other everyday amenities.

The property is within walking distance of Ipsos Beach and the surrounding commercial and leisure facilities, reducing the need for future occupants or guests to rely entirely on a car.

Its position on Corfu's eastern coastline also provides convenient road connections towards Dassia, Barbati, Gouvia and Corfu Town.

For accommodation intended for either holiday or longer-term use, proximity to the beach and everyday services provides an important practical advantage.

Investment Potential

Offered through Chase Real Estate Corfu at €225,000, the property provides approximately 150m² of existing internal space in an established tourist and residential area.

The combination of six existing rooms, a central common area and a location within walking distance of Ipsos Beach creates a flexible foundation for an investor seeking a renovation project.

Following renovation and subject to the appropriate approvals, the property could potentially be repositioned for holiday accommodation, longer-term residential rentals, staff accommodation or another suitable use.

Any subdivision, creation of independent units or change in the property's existing use should be reviewed by the purchaser's appointed engineer and lawyer before renovation works commence.

Key Features

This investment floor in Ipsos is offered at €225,000 and provides approximately 150m² of internal space, currently arranged as six individual rooms together with a central common area. The property requires renovation and offers considerable flexibility for redevelopment, with potential for holiday studios, long-term rental accommodation, staff housing or an alternative residential configuration, subject to the necessary technical and legal approvals. Priced at approximately €1,500/m² before renovation, the property benefits from a highly convenient location within walking distance of Ipsos Beach, restaurants, shops and everyday amenities and is offered through Chase Real Estate Corfu.