Turnkey Seaside Suites & Residence, Agios Stefanos, Corfu

A rare opportunity to acquire a turnkey seaside resort and residence in one of Corfu's most sought-after holiday destinations. This 250 square metre property, set on a 780 square metre plot, offers both a profitable business model and an exceptional lifestyle investment. With a proven 10 to 15 percent ROI, this ready-to-operate complex provides an ideal setup for investors or owner-operators seeking to combine income generation with island living. Priced at €695,000, and offered through Chase Real Estate.

Property Overview

The resort is composed of five self-contained units, offering a total of 8 bedrooms plus one additional sleeping area, technically 9 bedrooms, and 5 bathrooms, one per rentable unit. Three units offer 2 bedrooms each, and two units offer 1 bedroom each, while the living room of Unit 5 is officially declared a sleeping space, providing extra rental flexibility beyond the core bedroom count. This configuration gives an operator considerable scope to adjust pricing and guest capacity across the five units according to demand, rather than being locked into a single fixed layout across the whole property.
A separate, unfinished two-storey building with sea views presents an outstanding opportunity to create private owner's accommodation while continuing to operate the rental business. This is a genuinely valuable feature of the property, since it allows a buyer to live on-site, close to the day-to-day operation of the business, without needing to occupy or displace any of the five existing rentable units, preserving the property's full income-generating capacity while the owner's own accommodation is developed.

Renovation and Infrastructure

Fully renovated in 2025, the property has been brought up to a high, modern standard throughout, with infrastructure designed specifically around efficient remote operation. This includes smart locks, key fob and mobile access, and integrated security systems, allowing guest check-in and property management to be handled remotely without requiring constant on-site staff presence, a significant operational advantage for an owner who may not wish to be permanently based at the property.
WiFi 7 coverage with dedicated outdoor and indoor access points ensures strong, modern connectivity throughout the resort, an increasingly important consideration for holiday guests who expect reliable internet access regardless of where they are within a property. A 24-hour HD camera system, covering both image and sound, with remote monitoring, adds a further layer of security and oversight, giving an owner genuine visibility over the property even when managing it from a distance.
Each unit is fitted with a Tesla air-conditioning system, ensuring a consistent, high-quality climate control specification across the entire resort rather than a patchwork of different systems installed over time. A substantial 10,000 litre private water tank supports the property's operation, providing a secure, independent water supply for guests and owner alike.

Legal and Development Advantage

This property comes with 20 percent declared air rights, officially registered on the E9 tax form. This provides the legal right to build additional floors, a valuable and tax-free development opportunity that would not require additional applications or fees. For a buyer looking beyond the property's current configuration, this represents a genuinely significant asset, offering a clear and already-established path to expand the built area of the property in the future without needing to navigate a fresh planning application process, a stage that can often prove both time-consuming and uncertain elsewhere in Corfu.
This kind of pre-established development right is uncommon to find already registered and confirmed at the point of sale, and it adds meaningful long-term optionality to the property, whether the intention is to add further guest accommodation, expand the owner's private quarters, or otherwise increase the resort's overall capacity over time.

Comfort and Guest Experience

Guest satisfaction is prioritised through high-end Imperial Strom mattresses, chosen for their superior quality and local craftsmanship. This kind of attention to detail at the level of individual furnishings reflects a broader operating philosophy geared toward guest comfort and repeat business, factors that matter considerably in a competitive short-term rental market where guest reviews and satisfaction directly influence future bookings and achievable nightly rates.

The Location

Just a 2-minute walk from the beach and all amenities, guests enjoy a car-free, relaxed experience in one of Corfu's most desirable coastal communities. The property's design balances modern comfort, traditional charm and operational efficiency, making it equally suitable as a boutique rental business or luxury family retreat. Agios Stefanos itself is one of the northeast coast's most admired villages, known for its natural harbour, clear water and relaxed, upscale atmosphere, drawing a loyal base of returning visitors from across Europe year after year.

Investment Potential

With a proven ROI in the 10 to 15 percent range, this property stands out clearly from undeveloped land or unproven rental concepts elsewhere on the island, offering a buyer a business with an established operating history rather than a speculative project. The sale includes all furniture, linens, the website and brand assets, meaning a buyer can step directly into an already-functioning business without needing to build a rental operation, guest-facing brand or booking infrastructure from scratch.
The combination of five income-generating units, a separate building with owner's accommodation potential, and registered air rights for future expansion, gives this property a rare degree of both immediate income and long-term development flexibility within a single purchase. For investors seeking a proven, turnkey hospitality asset in one of Corfu's most consistently in-demand coastal villages, or for owner-operators wanting to combine a genuine island lifestyle with an active business, Chase Real Estate regards this as an exceptional and comprehensively equipped opportunity in Agios Stefanos.

Key Features

This turnkey seaside resort offers 250 square metres of built space on a 780 square metre plot in Agios Stefanos, comprising five self-contained units with 8 plus 1 bedrooms and 5 bathrooms, alongside a separate unfinished two-storey building ideal for owner's quarters. Fully renovated in 2025 and fully furnished, the property features smart locks, key fob and mobile access, integrated security, WiFi 7 coverage, 24-hour HD cameras with sound, Tesla air-conditioning in all units, and a 10,000 litre private water tank. The property carries 20 percent declared air rights registered on the E9 tax form, allowing future development without further applications. The sale includes all furniture, linens, the website and brand assets, and the resort lies a 2-minute walk from the beach and local shops and restaurants. It is offered through Chase Real Estate at €695,000, with a proven 10 to 15 percent ROI.