Apartment Complex with Large Swimming Pool, Former Taverna & Additional Land in Perama, Corfu
Basics
- Property Id:: 24860
- Type: Apartment Complex
- Status: For Sale
- Category: Investment, Residential
- Bedrooms: 6
- Bathrooms: 6
- Area, m²: 272 m²
- Lot size, m²: 5000 m²
- Condition: Move-in ready
- Date added: Added 2 months ago
Description
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Description:
6 Apartments | Approx. 272 m² Building | Approx. 5,000 m² Plot | 72 m² Swimming Pool | Former Taverna | Private Parking | Additional Land | €545,000
Located in Perama, Corfu, this substantial property presents an exciting residential and investment opportunity. Brought to market by Chase Real Estate Corfu, it combines six independent apartments, a former taverna/restaurant space, a large 72 m² swimming pool and approximately 5,000 m² of land.
The accommodation is currently arranged as six self-contained apartments. Five provide one bedroom, while the sixth is a larger two-bedroom apartment. This configuration offers flexibility for continued independent use or the potential to connect and reconfigure selected areas to create larger units.
Outside, the property benefits from a large swimming pool, extensive grounds and private parking. Additional land associated with the property includes an area above the main building and a further plot located across the road.
Offered at an asking price of €545,000, the combination of multiple accommodation units, substantial grounds, pool facilities and former commercial space creates considerable potential for a future owner to reposition the property as a holiday accommodation business, multi-family residence or investment project.
The Property
The main property provides approximately 272 m² of building space, currently arranged as six independent apartments, each with its own kitchen and bathroom facilities.
Five of the apartments provide one bedroom, one bathroom/WC, a private kitchen and balcony access, where applicable.
The sixth and largest apartment provides two bedrooms, one bathroom/WC, a private kitchen and living accommodation.
The existing arrangement allows each apartment to function independently. There is also potential to connect or reconfigure certain units to create larger accommodation, depending on the future owner's requirements and subject to any necessary approvals.
Individual sections of the building include accommodation measuring approximately 80 m², together with two areas of approximately 60 m² each, offering further flexibility when considering a future redesign.
Former Taverna and Additional Space
An important additional feature is the area formerly operated as a taverna/restaurant.
This space could potentially be incorporated into a future hospitality concept or used to provide communal facilities for guests. Possible uses could include a reception area, breakfast room, shared dining space, bar or entertainment area, depending on the buyer's plans and the relevant licensing and planning requirements.
Alternatively, a future owner could investigate incorporating the former taverna into the residential accommodation.
The property also includes approximately 40 m² of exterior or building space requiring renovation or improvement, giving the new owner an additional opportunity to enhance the complex.
Swimming Pool and Grounds
The property occupies approximately 5,000 m² of land, providing generous outdoor space around the accommodation.
At the centre of the exterior area is a substantial 72 m² swimming pool, creating an attractive shared facility for residents or holiday guests.
The extensive grounds provide ample space for outdoor seating, relaxation areas and landscaping, while private parking is an important practical advantage for a property containing multiple independent units.
The size of the land gives the complex a greater sense of space and privacy than would typically be available with an apartment development of this scale.
Additional Land
In addition to the land surrounding the main accommodation, the property includes separate areas of additional land.
One area is positioned above the main building, while another plot is located across the road.
These additional areas increase the property's overall flexibility and may provide further practical or investment value, depending on their legal status, dimensions and the applicable planning regulations.
The precise boundaries, buildability and permitted uses of these areas should be confirmed through the property's legal and technical documentation.
The property is located in Perama, a well-established coastal area positioned south of Corfu Town.
Perama offers convenient access to Corfu Town and Corfu International Airport, while also providing good connections to the villages and beaches of Central and South Corfu.
The area has long attracted permanent residents and holiday visitors due to its coastal setting and strategic location. For an accommodation-based investment, this accessibility is particularly valuable, allowing guests to stay outside the busier urban centre while remaining within easy reach of the town and airport.
Development and Investment Potential
The property's principal strength is the combination of multiple independent accommodation units and established shared facilities within one substantial site.
With six apartments, a 72 m² swimming pool, former taverna space, private parking and approximately 5,000 m² of land, a future owner has several options for repositioning the property.
The apartments could continue to operate independently for holiday or longer-term rentals. Alternatively, selected units could potentially be combined to create larger apartments suitable for families or groups.
The former restaurant space adds another possible commercial or communal element, while improvements to the buildings, pool surroundings and landscaping could significantly enhance the overall appearance and appeal of the complex.
This flexibility makes the property equally interesting as a holiday accommodation investment, multi-family residence or redevelopment project, subject to the necessary planning permissions and licensing requirements. Chase Real Estate Corfu is on hand to guide buyers through the process.
Key Features
Asking price: €545,000, Location: Perama, Corfu, Approximately 272 m² of building space, Approximately 5,000 m² of land, Six independent apartments, Five one-bedroom apartments, One larger two-bedroom apartment, Kitchens and bathrooms in every apartment, Potential to connect or reconfigure selected units, Former taverna/restaurant space, Large 72 m² swimming pool, Private parking, Additional land above the main building, Separate plot located across the road, Approximately 40 m² requiring renovation or improvement, Convenient access to Corfu Town and the airport, Potential for holiday accommodation, long-term rentals or multi-family use
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Location
- Neighborhoods: Central Corfu, Corfu Town, Perama
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