Prime Buildable Plot in Katavolos, Nissaki – 2,450 sq.m. with Permission for Two Stone Villas

Nestled in the prestigious hillside of Katavolos, above the sought-after northeast coast of Corfu, this exceptional 2,450 sq.m. plot offers a rare development opportunity in one of the island's most desirable locations. With full planning permission already in place for two independent stone villas, this is a genuinely turnkey investment for buyers seeking a private family compound, a holiday retreat, or a high-end rental portfolio. Offered at €290,000 through Chase Real Estate Corfu, the plot combines natural beauty, prestige and immediate actionability in a market that consistently rewards quality.

The Plot and Building Permission

The plot totals 2,450 sq.m., offering a generous and private canvas with the natural beauty and prestige that defines the Nissaki address. Full planning approval is already in place for two independent villas, with a total buildable area of approximately 300 sq.m. The permit is valid until December 2026 and has been officially extended for one additional year, until December 2027, providing ample time and security for a future development project.

Each villa is specified at approximately 150 sq.m. internally, comprising 93 sq.m. of principal living space plus a 50-60 sq.m. basement, ideal for additional bedrooms, a gym, or storage. The ground itself is composed of natural stone, meaning the villas can be built using stone sourced directly from the plot, ensuring an authentic, traditional Corfiot aesthetic that blends seamlessly with the landscape while also unlocking valuable bonus buildable square metres, maximising the overall development potential of the site.

Each villa also comes with a designated 50 sq.m. private swimming pool, perfectly positioned to capture the breathtaking Ionian Sea views. Chase Real Estate Corfu regards the combination of already-secured permission and the bonus buildable allowance from stone construction as a particularly strong feature of this plot, offering a level of certainty and value that is difficult to find elsewhere in the area.

The Location

Katavolos is a tranquil hillside hamlet just above Nissaki Bay, offering easy access to pristine beaches, excellent seaside tavernas, and all local amenities. The elevated position provides unobstructed, panoramic sea views that define the character and long-term value of this exceptional site.

This part of North-East Corfu is widely regarded as one of the island's most prestigious coastal areas, and the hillside setting above Nissaki gives future development here a rare combination of seclusion and sweeping outlook over the Ionian Sea.

Investment Potential

With planning already secured and the permit extended through December 2027, this plot represents a turnkey investment opportunity rather than a speculative purchase. Whether the intention is to build a private family compound, a holiday retreat, or a high-end rental portfolio, the combination of two approved villa permits, private pools and stone construction potential gives the site considerable flexibility and appeal.

Chase Real Estate Corfu sees this plot as a rare opportunity to acquire a fully de-risked development site in one of Corfu's most prestigious hillside locations, with the extended permit offering genuine breathing room to plan and execute a high-quality build.

Key Features

This 2,450 sq.m. plot in Katavolos, Nissaki, comes with full planning permission for two independent stone villas, each approximately 150 sq.m. internally with 93 sq.m. of principal living space and a 50-60 sq.m. basement, plus a designated 50 sq.m. private swimming pool. The building permit allows for a total buildable area of approximately 300 sq.m., is valid until December 2026, and has been extended to December 2027. The natural stone ground allows construction using on-site stone, unlocking bonus buildable area and an authentic Corfiot aesthetic. Located in the elevated hillside hamlet of Katavolos above Nissaki Bay, close to beaches, tavernas and local amenities, the plot is offered at €290,000 through Chase Real Estate Corfu.