Four-Bedroom Villa with Pool for Sale in Kato Korakiana, Corfu

Chase Real Estate is pleased to present this spacious four-bedroom villa for sale in Kato Korakiana, a traditional and well-regarded village on the eastern side of Corfu, just nine kilometres from Corfu Town and within minutes of the popular coastal resorts of Ipsos and Dassia. Offering 180m² of living space on a 1,500m² plot with a large pool, three bathrooms, and a garage for three cars, the property is currently active on the holiday rental market and generating attractive rental income, making it an immediately operational investment as well as a compelling family home or second residence. At €399,000 for a property of this size, specification, and location, with a demonstrated rental track record, this represents strong and well-evidenced value in the central Corfu market.

The Property

The villa extends to 180m² across a layout of four bedrooms and three bathrooms, providing a generosity of space that is well suited to large families, groups of guests, and the kind of flexible multi-use occupation that maximises both personal enjoyment and rental income across a full season. Four bedrooms served by three bathrooms is a ratio of provision that eliminates the morning queues and logistical friction that under-specified properties create, and it is a specification that guests in the upper tier of the holiday rental market have come to expect and will actively seek out when comparing properties in this part of Corfu.

The layout across the 180m² footprint is spacious and well organised, with a scale that allows the property to accommodate a large family or group comfortably without any sense of crowding, while the 1,500m² plot ensures that the outdoor space is equally generous and private. A garage for three cars provides a practical and secure parking solution that is particularly valued by guests arriving with rental cars and by residents who require reliable off-road storage year-round.

The Pool and Outdoor Space

The large pool is the centrepiece of the outdoor space and the amenity that most directly drives the property's rental performance in the Corfu holiday market. A pool of meaningful size on a 1,500m² plot in a village setting creates an outdoor environment that is genuinely resort-quality in terms of the experience it provides, while retaining the privacy and exclusivity of a private villa that a hotel or apartment complex cannot replicate. The plot provides ample space around the pool for sunbathing, outdoor dining, and relaxation areas, and the surrounding village greenery of olive groves and natural Corfiot landscape contributes to an overall outdoor setting of considerable natural appeal.

The combination of a large pool, a generous plot, and a traditional village environment is precisely the mix that the upper end of the Corfu holiday rental market seeks out, and it is reflected in the rental income the property is already generating.

The Location

Kato Korakiana is one of the most authentically Corfiot villages in the central and eastern part of the island, characterised by traditional stone architecture, narrow village streets, a central square, and a community atmosphere that is entirely genuine and unhurried. The village sits in a green and scenic landscape of olive groves and citrus orchards that gives it a natural beauty and a sense of rootedness in the Corfu countryside that the coastal resort areas cannot offer. At the same time, it is exceptionally well connected. Ipsos and Dassia, two of the most popular and well-serviced beach resorts on the East coast, are within minutes by car, providing beaches, water sports, restaurants, supermarkets, and the full range of resort amenities without the property being located within a resort environment. Corfu Town is nine kilometres away, accessible in a short drive and providing schools, hospitals, the airport, the port, and the full commercial and cultural life of the island's capital.

This combination of authentic village character, proximity to the East coast resorts, and easy access to Corfu Town is one of the most practically well-balanced location profiles available anywhere in the central Corfu property market, and it is a significant part of why properties in Kato Korakiana have consistently attracted both permanent residents and investment buyers.

Investment Potential

The property is currently on the holiday rental market and generating an attractive income, which means a buyer is acquiring not just a physical asset but an operational rental business with an established booking history and market presence. This is a meaningful practical advantage over properties that are offered as investment opportunities on a theoretical basis only, as it removes the uncertainty of whether the rental proposition will perform as hoped and replaces it with actual demonstrated evidence of demand and income. For a buyer seeking an immediately income-generating investment, the transition from purchase to rental operation requires no setup period and no market testing.

For buyers purchasing primarily as a personal residence or second home, the ongoing rental income provides an effective means of offsetting ownership costs while the property is not in personal use, which is the most financially efficient model for seasonal second-home ownership in a market like Corfu. At €399,000 for a four-bedroom, three-bathroom villa with a large pool, a three-car garage, and 1,500m² of land in a well-connected traditional village nine kilometres from Corfu Town, the value is clear and well supported by both the physical quality of the asset and its demonstrated rental performance.