Overview
- 3 Bedrooms
- 3 Bathrooms
- 252.00 m2
Description
This property in Kato Korakiana offers a solid combination of renovated living spaces and genuine potential for further development. Set on a 600m² plot with elevated sea views, the house is currently divided into three separate units, each with private access. The ground floor includes a fully renovated 40m² studio and a larger, fully renovated one-bedroom apartment, both completed to a modern standard.
The upper section of the house opens onto a spacious terrace and a roof terrace with open views across the coast—ideal for outdoor dining and relaxing. These areas give the property strong appeal for both personal living and long-term rental use, especially given the close distance to Dassia, Ipsos, and local amenities.
Below the main level, the property includes a 94m² basement that is considered livable and structurally ready for conversion. With the correct internal works, this space can be turned into two additional apartments or a combination of storage, office, or further residential units. This adds considerable value and makes the property suitable for investors seeking multi-unit income potential.
Key Features
- Location: Kato Korakiana
- Three existing renovated units (studio + large 1-bed apartment + additional unit)
- Large terrace and roof terrace with sea views
- Basement level of 94 m² suitable for conversion into two more apartments
- Total internal area: 252m²
- Plot size: 600 m²
- Fully renovated ground-floor apartments
- Strong rental and multi-unit investment potential
- Asking Price: €480,000
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.
