Apartments on Corfu
Buy an apartment in Corfu — lots in the island's buildings: apartments in 2–5 story buildings, flats in resort complexes with a pool, lofts and maisonettes in Old Town houses, penthouses. The price includes a share in the building's common property, often furniture and appliances. Floor areas 43–390 m², meter €1,600–5,900, median €4,100. Buyers purchase in Corfu Town, Kerkyra, Barbati, and Faiakes. For a lot to yield 6% gross, a quarter of seasonal occupancy is enough.
- 93m2
- 2/3
- 2
- 1
- 83m2
- 2
- 2
- 130m2
- 3
- 270m2
- 5
- 4
- 130m2
- 3
- 2
- 110m2
- 3
- 2
- 85m2
- 2/2
- 2
- 1
- 160m2
- 3
- 3
- 3
| Area and Lot Type | Price and Meter | Who It Suits and What Matters to an Investor |
|---|---|---|
| Corfu Town the main body of supply, buildings of 3–5 stories |
€125,000–565,000 meter €2,907–5,116 |
Year-round living and yearly rental: the town works outside the season. Here are ten lots out of thirteen at one aggregator — the choice is real, and a threefold spread in the meter allows negotiation by comparison. |
| Kerkyra, Old Town, waterfront lofts, maisonettes, penthouses in historic buildings |
€355,000–1.6M meter €4,103–5,871 |
Short-term rental with a high check and a status address. The most expensive meter on the island. The only segment where lots passing the residency threshold occur — more on this in the text below. |
| Barbati and the eastern riviera apartments and duplexes in resorts |
€180,000–360,000 meter €3,214–4,091 |
Personal vacation and resort rental in season. In resorts, a lot is often sold as two separate apartments under one roof — convenient for renting out one half while living in the other. |
| Faiakes and suburbs low-rise buildings of 2–3 stories |
from €150,000 meter €2,885 |
The lower bound of entry by lot price at a normal floor area. Long-term rental to locals, housing for oneself. Supply is piecemeal: one or two lots across the entire catalog. |
| Large lots from 105 m² across the island, including lofts |
€220,000–500,000 meter €1,594–2,404 |
The best meter in the segment: half as expensive as the town's at twice the floor area. Bought for division into two apartments or for a family. The downside — a narrow circle of buyers on resale. |
Prices and the meter are calculated from twenty active listings in two catalogs as of October 2026; all of them state both the floor area and the price. The meter is the lot price divided by its floor area.
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Apartment Sales in Corfu
Discount House has collected apartments and flats in Corfu from owners and local agencies on the page. The filter searches by price, floor area, number of bedrooms, floor, area, distance to the sea, and presence of a pool in the complex. Lots with furniture, with a confirmed rental history, and with a registration number for short-term rental are marked separately. Leave a request — the manager will send the cadastre extract, the size of the building's common expenses, and the property's actual revenue for the past season, if it was rented out.
Two Catalogs — Two Different Views of the Market
The main practical problem of this request. The two largest Russian-language catalogs show such different selections for Corfu apartments that the buyer draws conclusions about the market from a random half. One platform has seven lots, the other thirteen, and they barely overlap. The floor of the first selection is 1.76 times higher than the floor of the second, the ceiling — 2.8 times; the floor areas of the first reach 390 m², those of the second start at 43. That is, by opening only one catalog, you will either not see apartments cheaper than two hundred thousand, or not learn that the segment contains lots over a million.
Hence two rules. First: for this island, the selection is assembled from at least two sources, otherwise the boundaries of the market are distorted. Second: look at what lies inside the section. In the "apartments" selection on one of the platforms, next to apartments stand a townhouse, a penthouse, and a two-level loft, while a lot labeled as an apartment has eight bedrooms on 200 m² — that is no longer an apartment but an income-producing building. Room numbering is also confusing: on the second platform the count follows the Russian scheme, so a "six-room apartment of 160 m²" by Greek standards is a lot with five bedrooms, not six.
What Actually Drives the Price per Meter
A common tip: cheap apartments in Corfu are on the first floor. We checked against the figures and the tip was not confirmed. The median meter of first-floor lots is €3,657; of top-floor lots — €3,697. The difference is one percent, meaning the floor in this segment does not determine the price: buildings are low, a lot deprived of a view is rare, and no one considers an elevator for three floors an advantage.
Two other things move the meter. Floor area: the cheapest meters are in the largest lots, and the gap reaches threefold within a single town. Condition and address: a renovated apartment in the historic center sells at the upper bound of the range regardless of floor area, because it is bought for short-term rental, where the check depends on the address and rating, not on the square meters. Therefore, when comparing two lots, calculate the meter and look at the year of renovation — leave the floor for later.
Yield: Checking Against a Published Rate
For Corfu apartments, listings with real rental figures are rare but do occur, and they can be recalculated. A two-level lot for half a million in an old building rents, according to the seller's statement, for €600–650 per night. Let's calculate: to reach 6% gross, such a property must be booked 46–50 nights per year. The season from May to October is about 180 nights, so the required occupancy is about 27%. This is an achievable figure, and it explains why for another lot the seller claims 7% net: with a high rating on booking platforms the math works out.
The conclusion for negotiation: in this segment, one negotiates not about the lot price but about documentary confirmation of revenue. Ask for the booking export for the last two seasons, the average rate by month, and the number of occupied nights. A stated yield without the export is the seller's forecast, not a fact, and it is precisely on this that the price should be brought down.
Transaction, Visa, Costs, and Risks
A foreigner buys an apartment in Corfu on general grounds. The procedure: legal review by a lawyer, a Greek tax number, an account at a local bank with confirmation of the origin of funds, a preliminary contract, a notarized transaction, and registration of title. Beyond the price, set aside 7–10% — transfer tax, notary, lawyer, registration, and agency commission. Registration is to an individual, to co-owners, or to a Greek company.
About residency, it is important to know in advance: an apartment rarely qualifies for the program. Of twenty lots with a stated price and area, two pass the threshold, both above €1.3M, because the residential route requires both the amount for the island's zone and a minimum of 120 m² in a single lot. Confirm the zone and the area requirement with a Greek lawyer before the deposit.
Briefly on the risks. For short-term rental, the property is entered in the registry and obtains a number, which is mandatory in every listing. Common expenses in a small building are shared by several owners, so repairing the roof or facade hits one owner's budget noticeably. In historic buildings, reconfiguration and window replacement are coordinated with heritage protection, and this lengthens the renovation. Finally, some lots in the old stock are sold with inheritance shares — the deal will not close without each one's consent, and this must be checked before paying money.