Convertible Multi-Unit Property for Sale near Liapades, West Corfu

Chase Real Estate is pleased to present this highly flexible multi-unit property for sale near Liapades in West Corfu, sitting on a generous 2,800m² hillside plot with olive trees, private parking, and open countryside views. Located just 4km from Palaiokastritsa and approximately 20km from Corfu Town, the property occupies one of the most scenic and well-connected parts of the island, combining natural beauty with practical accessibility.

The Property

The building comprises three separate units with a combined built area of 215m². Two of these are fully finished, fully furnished, and move-in ready to a standard that requires no renovation, no repainting, and no further investment before occupation. The first apartment offers 65m² of living space and the second 75m², and both are equipped with two bedrooms, a bathroom, a kitchen, a living area, heating, a fireplace, and air conditioning. These are not project properties dressed up as ready homes they are genuinely finished and comfortable spaces that could be occupied or let immediately upon purchase.

The third unit, at 75m², remains at concrete phase and offers a blank canvas that can serve as storage in its current state or be finished to create additional living space, a studio, a guest annexe, or whatever best suits the buyer's intentions. The infrastructure is already in place, and the cost of completing this unit to the same standard as the other two would be manageable and well supported by the overall value of the property.

The Flexibility Advantage

What sets this listing apart from a conventional apartment property is the genuine and straightforward option to convert the two completed units into a single large family home. Removing the internal division between the 65m² and 75m² apartments would create a four-bedroom, two-bathroom house of 140m², with large balconies, an established garden, and the full benefit of the 2,800m² plot. For buyers who are looking for a sizeable private residence in West Corfu rather than a rental investment, this conversion represents an unusually cost-effective route to a high-quality outcome.

This dual identity functioning equally well as an apartment complex or a large single dwelling gives the property a breadth of market appeal that most listings in this price range cannot match. It is suitable for individual buyers seeking a family home, investors looking for two independent rental units, or buyers who wish to occupy one unit and let the other to generate income while living on site.

The Plot and Setting

The 2,800m² plot is a significant asset in its own right. Planted with olive trees and arranged around the building with space for gardens, outdoor seating, and private parking, it creates an environment that feels genuinely rural and unhurried despite the proximity to Palaiokastritsa and Corfu Town. The property faces west, meaning it benefits from sunlight throughout the day and long, warm afternoon light in the evenings a particularly valued orientation in this part of the island.

The hillside position gives the property a natural elevation that enhances both privacy and the quality of the outlook, with large balconies making full use of the aspect. A water drilling system is already installed, adding to the self-sufficiency and practicality of the site.

The Location

Liapades is a traditional Corfu village on the west coast, sitting above and inland from some of the island's most celebrated coastline. Palaiokastritsa, 4km away, is one of Corfu's most iconic destinations, known for its turquoise bays, dramatic cliffs, and monastery. The surrounding area offers a combination of natural beauty, established local infrastructure, and year-round community that makes it equally suitable for permanent residents and seasonal visitors. Corfu Town, with its full range of services, schools, hospitals, and commercial amenities, is approximately 20km away and accessible in under thirty minutes.

Investment Potential

West Corfu, and the Palaiokastritsa corridor in particular, has long been among the most desirable areas of the island for holiday rental. Properties within easy reach of the bay and its beaches perform consistently well throughout the summer season, and the combination of a large plot, finished interiors, and flexible layout gives this property a strong rental proposition. Two independent units can be let separately to maximise occupancy and income, while the option to consolidate into a single large house provides an exit strategy that appeals to a different segment of the buyer market entirely.

At €265,000 for 215m² of built space on a 2,800m² plot, fully finished and move-in ready, this represents genuine value in one of the most picturesque parts of Corfu.