200m² House on 4,000m² Land for Sale in Gouvia, Corfu

Located in the same area of Gouvia, this second 200 square metre house sits on a generous 4,000 square metre plot surrounded by greenery. The building is currently divided into small self-contained studio units but offers strong potential for conversion into a large modern residence or a rental complex. Priced at €400,000, and offered through Chase Real Estate.

Property Overview

The property currently comprises 200 square metres of living space, divided into a number of smaller, self-contained studio units. This existing configuration gives a buyer a genuinely flexible starting point, since the building is livable in its current form while still offering clear scope for renovation, whether the intention is to consolidate the studios into a single large family residence or to retain and upgrade the separate units for a small-scale rental complex.
The property is livable but in need of renovation, meaning a buyer can generate some use or income from the existing studio configuration while planning and phasing a longer-term renovation project, rather than facing the more significant upfront cost of a full rebuild before the property can serve any practical purpose.

Renovation and Development Potential

The building's current division into small studio units is, for the right buyer, an advantage rather than a limitation. Investors seeking a rental complex already have a structural starting point that broadly matches their intended use, reducing the scope of work required compared with converting a single large house into multiple units from scratch. Private buyers seeking one substantial residence, meanwhile, gain a blank canvas in terms of internal layout, with the existing studio walls and services offering a practical framework to reconfigure according to their own vision.
The generous 4,000 square metre plot surrounding the building also leaves ample outdoor space with potential for a pool, giving any renovation project the opportunity to add further value and amenity beyond the building itself.

The Location

With easy road access, proximity to Gouvia Marina and a quiet residential setting, this property provides an excellent opportunity for investors or private buyers looking to create a custom-designed home in Corfu's central region. Gouvia is one of the island's most practical and well-connected areas, home to one of the largest marinas in the Ionian and offering straightforward access to both Corfu Town and Corfu International Airport, making it a genuinely convenient base regardless of how the finished property is ultimately used.

Investment Potential

A 200 square metre building on a 4,000 square metre plot, already divided into rentable studio units and positioned close to Gouvia Marina, represents a versatile opportunity in one of Corfu's most centrally located and well-connected areas. For investors, the existing studio layout offers a practical foundation for a rental complex with relatively contained renovation requirements. For private buyers, the scale of both the building and the surrounding land provides considerable freedom to design a substantial custom residence, complete with a pool and landscaped gardens, in a location that keeps Corfu Town, the airport and the marina all within easy reach. Chase Real Estate regards this as a flexible and well-positioned renovation opportunity in central Corfu.

Key Features

This 200 square metre house sits on a 4,000 square metre private plot in Gouvia, currently divided into smaller self-contained studio units, livable but in need of renovation. The property offers ample outdoor space with potential for a pool, easy access to Corfu Town and the airport, and close proximity to Gouvia Marina and local amenities. Suitable for private or investment use, the property is offered through Chase Real Estate at €400,000.