Three-Apartment Beachside Property for Sale in Almyros, North Corfu

Three-Apartment Beachside Property for Sale in Almyros, North Corfu

Chase Real Estate is pleased to present this exceptional beachside property for sale in Almyros, North Corfu, just 120 metres from the shoreline and within easy walking distance of local tavernas, shops, and the celebrated 12km stretch of golden sand that defines this part of the north coast. Set on a gated 1,010m² plot with 157m² of total living space across three self-contained apartments, a lush olive-filled garden, a private well, solar panels, ample parking, and an established rental business generating proven returns of ten percent, this is a turnkey beachside investment and lifestyle property of genuine rarity in the North Corfu market. Fully furnished, fully equipped, all paperwork in order, and with booking platforms included in the sale, this property is as close to an immediately operational and income-generating acquisition as the Corfu market produces. At €600,000, it represents outstanding value for what it offers in this location.

The Property

The 157m² total living area is arranged across three self-contained apartments that can be operated independently, in combination, or as part of a unified residential configuration depending on the buyer's intentions and priorities. The flexibility of the three-apartment layout is one of the principal practical and commercial advantages of the property, giving a buyer the option to live in one unit and let the other two, to let all three simultaneously as a rental business, or to occupy the entire property as a large private residence for extended family use, all without any structural reconfiguration.

The ground floor accommodates two fully renovated apartments, each of 43m², both with two bedrooms, a bathroom, a kitchen, and a private veranda. The symmetry of the two ground-floor units is a commercial advantage in the rental market, allowing both to be offered to the same specification and presented consistently to potential guests. Each veranda provides a private outdoor space for guests that reinforces the self-contained and independent character of each unit, and the renovation standard of both apartments ensures they are competitive in the north coast rental market without any further investment.

The second floor is occupied by an 85m² luxury apartment that was fully renovated in 2021 to a standard of genuine distinction. Vaulted ceilings, an open-plan kitchen, dining, and living area, and two stylish bedrooms create an interior of warmth, light, and considered elegance that makes this the flagship unit of the three and the one most naturally suited to premium letting or owner occupation. Sea and mountain views from every window give the second floor apartment a quality of outlook that reinforces its position as the premium unit within the property, and the renovation quality throughout reflects the investment made in 2021 in creating a space that is simultaneously characterful and contemporary. The cosy cottage charm referenced in the original description is an accurate characterisation of how the vaulted ceilings and considered detailing of this apartment make it feel, and it is precisely this quality of atmosphere, combined with the views and the beachside location, that drives the rental performance the property has demonstrated.

The Garden and Infrastructure

The 1,010m² gated plot is planted with olive trees that give the garden a natural and authentically Corfiot character, providing shade, beauty, and the sense of an established and mature landscape that younger or more sparsely planted gardens cannot offer. A private access track leads to the property, reinforcing the sense of seclusion and privacy that makes the overall experience of the property feel genuinely removed from the road and the passing world despite being only 120 metres from the beach.

A natural well provides an independent water source that supplements the mains supply and adds to the self-sufficiency of the property, a practical advantage that is particularly relevant for a beachside rental operation where water usage during peak season can be substantial. Solar panels and a remote energy management system provide an energy efficiency infrastructure that reduces running costs and environmental impact, and the combination of these systems with air conditioning throughout, double glazing, and new mosquito nets gives the property a year-round comfort and operational specification that supports extended seasonal letting well into the shoulder months.

A full security system, ample parking within the gated plot, and the turnkey furnished and equipped condition of all three apartments complete a specification that has been assembled with a professional and operational rental business clearly in mind.

The Rental Business

The property is an established and proven rental operation with a demonstrated return of ten percent, and the sale includes all booking platforms and the established brand presence that has been built around the property. This is a meaningful and commercially significant component of the acquisition, as it means a buyer inherits not only the physical asset but the operational infrastructure, the booking history, the guest reviews, and the platform presence that have driven the ten percent return. Building that infrastructure from scratch on a new property requires time, investment, and market experience that this sale bypasses entirely, and the value of the established rental business as a going concern is a real and distinct component of the overall acquisition price.

The Location

Almyros is a coastal area on the north coast of Corfu, sitting at the eastern end of the long sandy beach that stretches westward toward Acharavi. The 12km beach is one of the longest and most naturally impressive stretches of sandy coastline in the entire Greek islands, and Almyros benefits from its position at the quieter and less developed end of this beach, retaining a peaceful and uncrowded character while having the full length of the sand available in one direction and the amenities of Acharavi within easy reach in the other. Acharavi itself is one of the most comprehensively served towns on the north coast, with shops, supermarkets, restaurants, tavernas, and everyday services all accessible within a very short drive or a pleasant walk along the beach.

The north coast setting means the property benefits from the consistent and growing visitor demand that this part of the island attracts, with Almyros and Acharavi positioned as established and popular north coast destinations throughout an extended summer season. Corfu Town and the international airport are accessible within a comfortable drive, maintaining the practical connectivity for guests arriving from across Europe.

Investment Potential

A three-apartment beachside property 120 metres from the sea, with a proven ten percent rental return, an established booking presence, full turnkey furnishing, solar panels, a private well, a gated olive grove garden, and all paperwork in order in Almyros, North Corfu, represents one of the most comprehensively prepared and immediately operational investment acquisitions available in the north coast market. The ten percent return is not a projection but a demonstrated historical performance, and the inclusion of the booking platforms and brand presence in the sale ensures that performance can be maintained and built upon from the first season of new ownership without any interruption or rebuild period.

For lifestyle buyers, the option to occupy the luxury second-floor apartment while letting the two ground-floor units provides a financially self-sustaining model for coastal living in North Corfu that is difficult to achieve through any other property configuration at this price. At €600,000 for a turnkey beachside rental business with three apartments, a proven return, and one of the finest locations on the north coast, the value is exceptional and clearly evidenced.