Why Expats Are Flocking to Corfu

Corfu, a stunning island in the Ionian Sea, has become one of Greece’s most sought-after locations for expats looking to invest in property. Known for its lush landscapes, beautiful beaches, and rich history, Corfu offers a perfect blend of modern comforts and old-world charm. Expats are drawn to the island not only for its breathtaking scenery but also for its laid-back lifestyle, welcoming locals, and affordable living costs.

If you’re considering purchasing property in Corfu, this guide will help you discover the best areas to buy. Whether you’re looking for a vibrant city lifestyle, a quiet retreat, or proximity to nature, Corfu has something to offer every expat. Plus, we’ll walk you through the steps of buying property and provide you with legal tips to make the process smoother.

Best Areas in Corfu for Expats to Buy Property

Corfu’s diverse landscapes mean that each area has its own unique appeal. The best area for you will depend on your lifestyle preferences, proximity to amenities, and budget. Here are some of the top areas to consider when buying property in Corfu:

1. Corfu Town (Kerkyra)

Corfu Town, the island’s capital, is the heart of the island’s culture and commerce. If you want to be close to cafes, restaurants, shops, and a bustling urban atmosphere, Corfu Town is an ideal choice. The Old Town is a UNESCO World Heritage site, offering a mix of Venetian, French, and British architecture that adds a historic charm to modern living.

Key Features:

• Vibrant urban environment with plenty of amenities

• Access to schools, hospitals, and cultural landmarks

• Easy transport links to mainland Greece and nearby islands

Why Choose Corfu Town?
Corfu Town offers the convenience of city living with the added benefit of a stunning, historic backdrop. Ideal for those who want to immerse themselves in local life while still being close to the beach.

For more information on buying property in Corfu Town, visit Chase Real Estate’s guide to Corfu.

2. Gouvia

Located just 7 kilometers north of Corfu Town, Gouvia is one of the island’s most popular areas for expats looking to buy property. Gouvia is known for its picturesque harbor and vibrant nightlife, making it a great location for those who want to be close to both the sea and local conveniences. It’s also home to several high-end villas and apartments, perfect for those looking to invest in luxury real estate.

Key Features:

• Popular with both locals and tourists

• Proximity to Corfu Town and the airport

• Boasting beautiful beachfront properties

Why Choose Gouvia?
For expats looking for a mix of modern living, proximity to amenities, and stunning coastal views, Gouvia is an ideal choice.

3. Paleokastritsa

If you’re seeking a more tranquil setting, Paleokastritsa on the western coast of Corfu is perfect for nature lovers. The area is known for its crystal-clear waters, lush greenery, and stunning cliffs. Paleokastritsa is a peaceful village that offers plenty of privacy and seclusion while still being within easy reach of Corfu Town.

Key Features:

• Serene environment with scenic views

• Close proximity to hiking trails and natural attractions

• A great spot for those who love nature and the outdoors

Why Choose Paleokastritsa?
Paleokastritsa is perfect for those seeking a quiet, nature-focused lifestyle. It offers a slower pace of life and is ideal for those looking for a retreat.

4. Benitses

Located on the southeastern coast of Corfu, Benitses is a charming village known for its vibrant beachfront, excellent restaurants, and historic sites. With a mix of traditional houses and modern properties, Benitses offers an affordable and picturesque area to buy property.

Key Features:

• Strong sense of community with local events

• Direct access to the beach and coastal activities

• Traditional Greek village vibe combined with modern amenities

Why Choose Benitses?
Benitses offers a unique blend of traditional Greek charm and modern convenience. It’s perfect for those who want to experience local culture while being close to the sea.

5. Kassiopi

On the northeastern tip of Corfu, Kassiopi is a lively fishing village that has become a favorite for expats in recent years. It boasts a fantastic harbor, a range of cafes and restaurants, and is famous for its historic castle. Kassiopi’s mix of Mediterranean lifestyle and historical sites makes it one of the most desirable places to live on the island.

Key Features:

• Lively atmosphere with a local charm

• Rich historical and cultural heritage

• Excellent beaches and seaside activities

Why Choose Kassiopi?
If you want a blend of history, culture, and coastal living, Kassiopi is an excellent choice. It offers a vibrant atmosphere while still maintaining its traditional charm.

Legal Considerations for Expats Buying Property in Corfu

When purchasing property in Corfu, there are several legal considerations that expats must be aware of. Greece has specific rules about property ownership, especially for non-EU nationals. Here are some key things to keep in mind:

Property Ownership Laws

• EU citizens can buy property in Greece with no restrictions.

• Non-EU citizens can also buy property in Greece but must follow additional steps, including obtaining permission from the local authorities.

The Buying Process

• Step 1: Hire a lawyer with experience in Greek real estate to guide you through the process.

• Step 2: Secure a Greek tax number (AFM).

• Step 3: Conduct due diligence on the property and its legal status.

• Step 4: Sign the preliminary contract, make the deposit, and arrange the final contract with a notary.

• Step 5: Complete the transaction by registering the property.

For more detailed guidance on the legal aspects of buying property, refer to Chase Real Estate’s guide.

How to Find the Best Properties in Corfu

The best way to find a property that suits your needs is to work with a reputable local real estate agency. Local agents have a deep understanding of the market, and they can help you find the perfect property, negotiate the best price, and ensure that all legal requirements are met.

Visit Chase Real Estate Corfu for more information and to browse available listings.

Conclusion

Corfu offers a variety of stunning areas for expats looking to buy property, from the historic charm of Corfu Town to the serene landscapes of Paleokastritsa. By understanding the key areas and legal process, you can make an informed decision that aligns with your lifestyle and investment goals. With expert guidance from local professionals, buying property in Corfu can be a rewarding experience that enhances your quality of life.

Explore Chase Real Estate Corfu for a more in-depth guide and current listings.