Charming Renovation Opportunity in Ypsos, Corfu

120.000 €
Houses

Overview

  • 2 Bedrooms
  • 1 Bathrooms
  • 75.00 m2

Description

Property Overview:

Discover a unique opportunity to own a traditional home in the heart of Ypsos, Corfu, just a short distance from the shimmering Ionian Sea. Set on a 300m² plot, this 75m² residence offers the perfect canvas for a full renovation—ideal for those seeking to create a personalized island retreat or a profitable holiday rental.

Key Features:

  • 2 Bedrooms with natural light and potential for cozy, stylish interiors
  • Traditional Corfiot architecture with original elements preserved
  • Spacious outdoor area, ideal for garden design, outdoor dining, or pool installation
  • Located in a peaceful residential area yet close to local amenities and the beach
  • Ample room to extend or redesign the layout during renovation

📍 Location: Set in Ypsos, a popular and vibrant area of Corfu known for its beautiful coastline, tavernas, and laid-back charm. The property is conveniently situated for both permanent living and seasonal stays, with easy access to nearby shops, restaurants, and transport links.

Renovation Potential: This home presents a rare chance to preserve authentic character while incorporating modern updates. With solid structural bones visible in the stone walls and tiled roof (see photos), you can restore and reimagine this gem into something truly special.

Who Are We?

Chase Real Estate Corfu is an established real estate agency based on the island of Corfu, Greece. Our team of experienced professionals is dedicated to making the process of buying or investing in property as smooth and hassle-free as possible.

With local knowledge, international experience, and a deep understanding of the Corfu market, we guide buyers, sellers, and investors through every stage of the property journey — from first viewing to final contract.

Our Comprehensive Buying Service Includes:

  • 🏠 Property Sourcing – Finding the right villa, apartment, or plot that fits your needs and budget.
  • 👀 Property Viewings – Private and virtual tours across the island, arranged to suit your schedule.
  • 📈 Property Investment Planning – Guidance on return potential, renovation projects, and long-term strategy.
  • 🤝 Negotiation & Contract Assistance – Expert support to secure fair terms and a smooth transaction.
  • ⚖️ Lawyer Coordination – Introduction to trusted local lawyers for due diligence and representation.
  • 💳 Tax Number & Bank Account Setup – Help obtaining your Greek AFM and opening a local account.
  • 🪙 Golden Visa Assistance – Full support for buyers seeking residency through property investment.

At Chase Real Estate Corfu, we combine professionalism, integrity, and personal attention — ensuring that every client, whether local or international, feels supported and informed at every step.

Thinking of Buying Property in Corfu?

Purchasing a home on the island of Corfu is an exciting step — but there are key costs and processes you should know first. At Chase Real Estate Corfu, we help buyers from around the world make the process clear, secure, and stress-free.

  • Legal process: You’ll need a Greek Tax Number (AFM), a local lawyer, and full due diligence to confirm ownership, boundaries, and building permits.
  • Purchase costs: Expect roughly 8–10% on top of the purchase price for taxes, lawyer, notary, and registry fees.
  • Reservation & contract: Once terms are agreed, a deposit secures the property. The final signing happens at the notary office where ownership is transferred to your name.

Watch our short videos explaining the process, costs, and real-life investor advice in Corfu:


Frequently Asked Questions

🇬🇷 1. Can foreigners buy property in Corfu?

Yes. Foreign buyers — EU and non-EU alike — can freely purchase property in Corfu. You’ll need a Greek Tax Number (AFM), proof of funds, and a local lawyer to represent you during the purchase.

💶 2. What are the total costs of buying a property in Corfu?

Allow for approximately 8–10% in additional costs beyond the agreed purchase price. This covers transfer tax (3%), lawyer and notary fees, and land-registry charges. Chase Real Estate Corfu provides full cost breakdowns for each sale.

📑 3. What documents do I need to buy a home in Corfu?

You’ll need a valid passport, a Greek Tax Number (AFM), and proof of funds. Your lawyer will prepare a power of attorney (POA) if you’re not in Greece during signing, allowing them to complete the transaction on your behalf.

⏳ 4. How long does the buying process take?

Once due diligence and documentation are ready, most transactions complete within 8–12 weeks. For new builds or complex cases, it can take longer, but Chase Real Estate Corfu coordinates every stage to keep things moving efficiently.

📈 5. Is buying property in Corfu a good investment?

Yes — Corfu remains one of Greece’s strongest markets for long-term value and seasonal rental income. High demand, limited coastline development, and international appeal make it an excellent lifestyle and investment choice.


Working With a Local Lawyer & Power of Attorney (POA)

We strongly recommend that every buyer appoints a trusted local lawyer in Corfu. Your lawyer ensures the property is legally clear, handles tax registration, and represents you at the notary. If you’re not in Greece, you can grant a Power of Attorney (POA) so your lawyer can sign on your behalf, making the process smooth and completely secure. Chase Real Estate Corfu can recommend experienced English-speaking lawyers to assist you throughout your purchase.


For a full breakdown of legal steps, fees, and expert advice, read our Buyer’s Guide or contact us to speak directly with our team.

Contact Chase Real Estate Corfu

Whether you’re looking to buy, sell, or invest in property on the island, our team is here to help every step of the way. Get in touch with us today.

Our office is open year-round and our agents are available by appointment for private viewings, investment consultations, or buyer introductions.

We look forward to welcoming you to Corfu.

Interested in Buying a Property in Corfu?

Learn more about our services at chaserealestatecorfu.com/buy

Selling a Property in Corfu?

Discover more about our selling process at chaserealestatecorfu.com/sell

Our Legal Services:

Rest assured, our clients receive dedicated assistance from our experienced legal team at discounted prices. Learn more about our legal services at chaserealestatecorfu.com/legal

Contact Us:

Phone: GR 0030 690 627 4665

Email: [email protected]

Website: chaserealestatecorfu.com

 

Property Id: 44932
Price: 120.000 €
Property Size: 75.00 m2
Property Lot Size: 300.00 m2
Rooms: 5
Bedrooms: 2
Bathrooms: 1

Other Features
Renovation Project

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