Traditional Stone Houses for Sale in Riglades, Lefkimi, South Corfu

Sitting in the centre of Riglades village in Lefkimi, this is one of the more flexible property opportunities currently available in South Corfu. A 165 square metre plot with 115 square metres of interior space spread across four stone-built structures, offered in a way that lets buyers choose how much they want to take on. Whether you are looking for a renovation project, a dual-residence setup, or a small income-generating property with studio units, Chase Real Estate presents a listing with a configuration to match almost any brief, a rare quality among village properties on the island, where most opportunities present as a single fixed unit rather than a genuinely adaptable proposition.

The Property

The site consists of two main buildings and two smaller houses, all stone-built and set on a single 165 square metre plot in the heart of Riglades. The total interior space across all structures reaches 115 square metres, giving a meaningful amount of usable area for a village property at this price level, and a density of accommodation across four separate structures that is unusual to find concentrated on a single, centrally positioned plot.
The two main buildings form the core of the project. Their layout can be kept as two independent living spaces or opened up and reconfigured into a single larger residence, depending on what the buyer has in mind. The stone construction provides a solid and characterful base for renovation, reflecting the traditional building methods of the area, and the central village position means services, shops and daily life are all within walking distance, an everyday convenience that is not always guaranteed with rural Corfiot properties of this type.
The two smaller houses sit alongside the main buildings and are well suited to conversion into compact studio units. Whether used for family, guests, or as rental accommodation, they add a practical layer of flexibility to the overall property, allowing an owner to phase their renovation and occupy or let part of the site while work continues elsewhere.

Purchase Options

The property is offered in three ways, giving buyers the ability to enter at the level that suits their budget and plans. Option One covers the two main buildings only, priced at €92,000, comprising 115 square metres across two stone-built structures on the 165 square metre plot, and is ideal for buyers focused on creating a private residence or a single renovation project in a central South Corfu village location. Option Two covers the two smaller houses only, priced at €40,000, offering a lower entry point for buyers seeking compact rental units or supplementary accommodation in Lefkimi, suitable for studio conversion. Option Three covers the full property, priced at €125,000, bringing all four structures together for the complete site offering, with maximum flexibility, the highest development potential and the best overall value per square metre.
This staged pricing structure is a deliberate feature of the listing rather than an incidental one. It allows a private buyer with a modest budget to secure a foothold in a central South Corfu village, an investor to acquire purely income-producing studio potential, or a single purchaser with a longer-term vision to take the entire site and develop it as a cohesive project over time, whether as a family compound, a small rental cluster, or a combination of both.

The Location

Lefkimi is the main town of South Corfu and one of the island's most authentic and least touristy urban centres, retaining a working, lived-in character that has changed comparatively little despite decades of tourism growth elsewhere on Corfu. Riglades sits within this area, offering a genuinely local village atmosphere with practical everyday amenities within walking distance, from small shops and tavernas to the ordinary rhythms of South Corfu community life.
The southern coastline of Corfu, including beaches such as Agios Georgios Argyradon and Marathias, is a short drive away, giving residents the option of open Ionian coastline without living directly within a tourist zone. The area suits buyers who want to be connected to real village life while keeping the coast accessible throughout the year, and increasingly appeals to those who have already experienced the more built-up parts of the island and are seeking something quieter and more genuinely Corfiot in character.

Investment Potential

Multi-structure village properties offering this degree of configurational choice are relatively uncommon in the current South Corfu market, where listings more typically present a single building with a single, fixed use. The ability to acquire the whole site, a residential core, or a studio-focused rental component independently gives this property a versatility that appeals to a wide range of buyer profiles, from a private household seeking a renovation project to an investor building a small portfolio of short-term rental units in an authentic, less saturated part of the island.
With entry points starting from €40,000, the property also offers a comparatively accessible route into South Corfu ownership, while the full-site option at €125,000 represents strong underlying value per square metre across four stone structures and a central village plot. Chase Real Estate considers this a genuinely flexible opportunity for buyers weighing renovation projects, dual-residence living, or a modest rental venture in Lefkimi.

Key Features

This property comprises two main stone buildings plus two smaller houses, with a total interior space of 115 square metres across a 165 square metre plot, centrally located in Riglades village, Lefkimi, South Corfu. Stone construction runs throughout, with flexible layout options for a single residence or two independent units, and the two smaller houses are suitable for studio conversion. The property sits within walking distance of local shops and services and a short drive from South Corfu's beaches. Chase Real Estate offers the two main buildings at €92,000, the two smaller houses at €40,000, or the full property at €125,000.