90 m² House on 5,000 m² of Land in Kato Korakiana, Close to Dassia

90 m² House | Approx. 5,000 m² Land | Three Separate Plots | Renovation & Development Potential | €120,000

Located in Kato Korakiana, close to Dassia in Central Corfu, this property offers approximately 5,000 m² of land divided across three separate plots under the same ownership, together with an existing 90 m² house requiring renovation. Positioned within the village settlement (oikismos), the property may benefit from planning possibilities associated with land inside settlement boundaries, subject to confirmation of the applicable regulations and building allowances.

Priced at €120,000, the combination of an existing residence, substantial land, three individual plots, and a convenient position close to Dassia creates an interesting opportunity for renovation, private residential use, or future development.

The property includes an existing 90 m² house, providing a starting point for a future renovation project.

The residence requires refurbishment but offers the opportunity to restore and modernise the existing structure according to the new owner's requirements. Depending on the buyer's plans and the applicable permissions, the house could potentially be incorporated into a wider development of the property.

For buyers interested in creating a traditional home surrounded by substantial private land, the existing building provides an alternative to beginning an entirely new construction project.

One of the property's principal advantages is its approximately 5,000 m² of land, which is divided across three separate plots held under the same ownership.

The land is situated within the Kato Korakiana village settlement, an important consideration when assessing its future development potential. Its position within the oikismos may provide different planning possibilities compared with equivalent land outside settlement boundaries, although all building allowances and development options should be confirmed by the buyer's engineer.

The size and configuration of the property provide flexibility for gardens, outdoor living areas, additional construction, or potentially a broader residential project, subject to the relevant approvals.

The property already benefits from an independent water supply, providing a useful practical advantage for both the existing residence and any future improvements.

The property is also presented with a clear legal status, with no outstanding debts or encumbrances, helping to provide a straightforward foundation for the purchase process, subject to the buyer's standard legal and technical due diligence.

The property is situated in Kato Korakiana, a well-established village in Central Corfu, conveniently positioned close to the popular coastal area of Dassia.

Kato Korakiana offers a more traditional and residential environment while remaining within easy reach of the east coast. This provides an attractive balance for buyers who want access to beaches and amenities without being directly within a busy coastal resort.

Nearby Dassia provides beaches, restaurants, cafés, supermarkets, shops, and a wide range of everyday services, while Ipsos and the surrounding coastline are also within convenient reach.

The location also provides straightforward road access towards Corfu Town, the airport and the port, making it practical for permanent residence as well as holiday ownership.

The combination of approximately 5,000 m² of land across three separate plots, an existing 90 m² residence, and a position within the village settlement creates several possibilities for a future owner.

The existing house could be renovated as a private residence or holiday home, while the wider landholding may provide opportunities for further construction or development, depending on the individual status and building allowance of each plot.

For an investor, the fact that the land is already divided into three separate plots could be particularly interesting when considering future development strategies, subject in all cases to technical verification and the applicable planning regulations.

Located in Kato Korakiana, close to Dassia in Central Corfu, this property comprises an existing 90 m² house requiring renovation together with approximately 5,000 m² of land divided across three separate plots under the same ownership. The property is positioned within the village settlement (oikismos), potentially providing valuable development possibilities subject to confirmation of the applicable planning regulations and individual building allowances. An independent water supply is already in place, while the property is presented with a clear legal status and no outstanding debts or encumbrances. Conveniently located for Dassia, Ipsos, local beaches and amenities, while remaining within a more peaceful village environment, the property offers considerable potential for renovation, private residential use, or future development and is offered at an asking price of €120,000.