Multi-Unit Residential Complex Near the Sea in Agios Nikolaos, South Corfu – €275,000

Price: €275,000 | Total Property: Approx. 240m² | Plot: Approx. 640m² | 5 Independent Units | 7 Bedrooms | 5 Bathrooms | 120m² Three-Bedroom Maisonette | 4 Studios: Approx. 120m² Total | Light Renovation Required | Close to the Sea

Chase Real Estate Corfu is pleased to present this multi-unit residential complex in Agios Nikolaos, South Corfu, close to Petriti and within easy reach of the sea. Offered at €275,000, the property provides approximately 240m² of total accommodation on a plot of approximately 640m² and represents an interesting opportunity for either private residential use or tourism investment.

The complex comprises a substantial three-bedroom maisonette of approximately 120m² together with four independent studios providing a further approximately 120m² in total. With seven bedrooms and five bathrooms across the property, the configuration provides considerable flexibility for a buyer looking for multiple independent accommodation units.

The Property

The complex extends to approximately 240m² in total and is arranged as five separate residential units.

The principal residence is an approximately 120m² maisonette providing three bedrooms and forming the largest individual home within the development.

In addition, there are four independent studio units providing approximately 120m² of combined accommodation.

Together, the maisonette and studios provide a total of seven bedrooms and five bathrooms across the complex.

Renovation Potential

The property requires some light renovation, providing an opportunity for a future owner to modernise and improve the accommodation according to their preferred use and style.

For a buyer considering tourism use, the existing multi-unit configuration provides a strong starting point, with the possibility of upgrading the individual studios and communal areas to create a coordinated holiday accommodation concept.

Alternatively, the main maisonette could be retained as an owner's residence while the four studios are used independently for guests or potential rental accommodation.

Any proposed alterations or changes to the existing configuration should be reviewed by the purchaser's appointed engineer and remain subject to any necessary approvals.

Plot and Outdoor Space

The buildings occupy a plot of approximately 640m², providing outdoor space around the accommodation.

The property's scale and existing arrangement offer the opportunity to improve the exterior areas alongside the renovation of the residences, potentially creating more attractive communal or private outdoor spaces for residents and guests.

The Location

The complex is located in Agios Nikolaos in South Corfu, close to the traditional coastal village of Petriti and within convenient reach of the sea.

The surrounding area has retained a quieter character with relatively mild tourism development compared with some of Corfu's larger resorts, making it attractive for buyers seeking a more relaxed environment.

Its proximity to the coastline and Petriti also provides access to beaches, tavernas and everyday amenities while maintaining a peaceful residential setting.

Investment Potential

Offered through Chase Real Estate Corfu at €275,000, the property represents an interesting opportunity due to the amount of existing accommodation and its five-unit configuration.

With approximately 240m² of total accommodation comprising a three-bedroom maisonette and four independent studios, a future owner could consider several operating models. The property could function as a main residence with separate guest or rental accommodation, a multi-generational family property or a small holiday accommodation business following renovation.

Any tourism operation would remain subject to the appropriate registration, licensing and regulatory requirements.

Key Features

This multi-unit residential complex in Agios Nikolaos, South Corfu is offered at €275,000 and provides approximately 240m² of total accommodation on a plot of approximately 640m². The property comprises an approximately 120m² three-bedroom maisonette together with four independent studios providing approximately 120m² in total, resulting in five separate residential units with seven bedrooms and five bathrooms overall. The complex requires light renovation and provides considerable flexibility for private residential use, guest accommodation or potential tourism operation. Located close to Petriti and within easy reach of the sea, the property benefits from a peaceful South Corfu setting in an area characterised by relatively low-density tourism development.