Kato Korakiana, Corfu, Ionian Islands, Greece

This property in Kato Korakiana offers a solid combination of renovated living spaces and genuine potential for further development. Set on a 600m² plot with elevated sea views, the house is currently divided into three separate units, each with private access. The ground floor includes a fully renovated 40m² studio and a larger, fully renovated one-bedroom apartment, both completed to a modern standard.

The upper section of the house opens onto a spacious terrace and a roof terrace with open views across the coast-ideal for outdoor dining and relaxing. These areas give the property strong appeal for both personal living and long-term rental use, especially given the close distance to Dassia, Ipsos, and local amenities.

Below the main level, the property includes a 94m² basement that is considered livable and structurally ready for conversion. With the correct internal works, this space can be turned into two additional apartments or a combination of storage, office, or further residential units. This adds considerable value and makes the property suitable for investors seeking multi-unit income potential.

Key Features
Location: Kato Korakiana


Three existing renovated units (studio + large 1-bed apartment + additional unit)


Large terrace and roof terrace with sea views


Basement level of 94 m² suitable for conversion into two more apartments


Total internal area: 252m²


Plot size: 600 m²


Fully renovated ground-floor apartments


Strong rental and multi-unit investment potential


Asking Price: �480,000

Who We Are
Chase Real Estate Corfu is a trusted property agency based on the island of Corfu, Greece. Our experienced team helps clients buy, sell, and invest with confidence - guiding you from the first viewing to the final contract.
With deep local knowledge and international experience, we make every transaction smooth, transparent, and secure.

Our Services
* Property Sourcing - Villas, apartments, and plots across Corfu
* Viewings - Private or virtual tours at your convenience
* Investment Planning - ROI guidance and renovation advice
* Negotiation & Contracts - Fair terms and smooth closings
* Lawyer Coordination - Trusted local legal support
* AFM & Bank Setup - Assistance with tax number and banking
* Golden Visa Support - Full residency application assistance

Buying in Corfu - Key Info
Buying a home in Corfu is straightforward with the right support.
- Legal process: A Greek Tax Number (AFM) and local lawyer are required.

- Total costs: Around 8-10% extra for taxes, lawyer, notary, and registry.

- Contracts: A deposit secures your property; the sale completes at the notary.


FAQs
Can foreigners buy in Corfu?
Yes - both EU and non-EU buyers can purchase freely with an AFM and legal representation.

What are the buying costs?
Typically 8-10% above the price, covering tax (3%), lawyer, notary, and registry.

How long does it take?
Usually 8-12 weeks, depending on checks and documentation.

Is it a good investment?
Yes - Corfu's strong demand, limited coastline development, and rental returns make it a solid long-term investment.

Legal & Power of Attorney
We recommend appointing a trusted local lawyer. They perform due diligence, represent you, and can sign on your behalf through Power of Attorney (POA). Chase Real Estate Corfu works with experienced English-speaking lawyers for your peace of mind.

Contact Us
Phone: +30
WhatsApp: Message us directly
Email:
Website:
Office: Main Street, Dassia, Corfu - View on Google Maps

Our office is open year-round, and viewings or consultations are available by appointment. We look forward to welcoming you to Corfu.