Corfu’s Tourism Surge and Its Effect on Real Estate

In 2025, Corfu has experienced a notable 7% increase in tourist arrivals, reaching nearly 2 million visitors. This surge is reshaping the local real estate landscape, with rising property prices and heightened demand for vacation homes. Understanding these dynamics is crucial for prospective buyers and investors. Jerusalem Post

1. Rising Property Prices in Corfu

The influx of tourists has led to a steady rise in property prices across the Greek Islands, with Corfu averaging €2,170 per square meter in late 2024. This trend is expected to continue, driven by increased demand for vacation properties and limited supply.

2. Increased Demand for Vacation Homes

Corfu’s appeal as a tourist destination has spurred demand for vacation homes, particularly in areas like Kassiopi, Paleokastritsa, and Corfu Town. Investors are capitalizing on this trend by acquiring properties for short-term rentals, catering to the growing number of visitors seeking authentic Greek experiences.

3. Influence of International Buyers

The island’s charm has attracted international buyers, contributing to the upward pressure on property prices. Foreign investors are particularly interested in high-end properties with sea views and proximity to popular tourist spots, further driving demand in the luxury segment.

4. Government Initiatives and Infrastructure Developments

To accommodate the growing number of tourists, the Greek government is investing in infrastructure improvements, including airport expansions and enhanced transportation networks. These developments are expected to increase accessibility, making Corfu an even more attractive destination for both tourists and property investors.

5. Long-Term Investment Potential

Given the upward trajectory of property prices and the island’s sustained appeal, investing in Corfu real estate presents long-term potential. Properties in prime locations are likely to continue appreciating, offering investors both rental income opportunities and capital gains.

Conclusion

Corfu’s tourism growth in 2025 is significantly impacting the local real estate market. With rising property prices, increased demand for vacation homes, and ongoing infrastructure developments, the island presents a compelling opportunity for prospective buyers and investors. Understanding these trends is essential for making informed decisions in Corfu’s evolving property market.