Notos House & Studios House and Studios for Sale in Petriti, Corfu — €330,000
The Notos House & Studios property is offered for sale in Petriti, in the southeast of Corfu. It comprises: a main house with three bedrooms and four studios. Total area — 180 m², plot — 2,000 m². Seven bedrooms, six bathrooms. The property requires cosmetic renovation. To two tavernas and Notos Beach — about a 10-minute walk. Price — €330,000.
Location
Petriti is a fishing village on the southeastern coast of Corfu, known for its tavernas and calm atmosphere. The property is located on a quiet road leading to Notos Beach and the tavernas. Notos Beach consists of three small coves with clear water. Within walking distance — the tavernas Panorama, Electra's garden, and Taverna Savvas. To the center of Corfu and the airport — about 40 km.
About the Property
The main house is on three levels. First floor: an open-plan kitchen-living room. Second floor: two bedrooms. Attic: a master bedroom with access to a large terrace with a sea view. The studios are located on two floors, two on each. The studios can be used as separate apartments with one or two bedrooms. To the side of the complex — parking. The studios are simple and require updating. The exterior also needs cleaning up.
Price and Expenses
- Price — €330,000.
- Price per square meter — €1,833.
When purchasing resale real estate in Greece, the buyer pays transfer tax (ΦΜΑ) at an effective rate of 3.09% of the value. For a property valued at €330,000, the tax will amount to approximately €10,197. Notary and registration fees — about 1–2% of the value.
The final transaction amount, including all fees, is calculated individually and communicated prior to contract signing.
Annual expenses: the unified property tax ENFIA. In 2026, for a primary residence in settlements with a population of up to 1,500 residents (excluding Attica), a 50% reduction applies for properties valued up to €400,000. Petriti belongs to such settlements, and the property value is below the threshold, so the relief applies. The municipal TAP fee is also payable.
Ownership Structure and Transaction Format
Ownership form — full ownership (freehold). Foreigners may purchase property in Greece. Transaction steps: legal due diligence, signing of the preliminary contract, payment of the ΦΜΑ tax, notarial execution, and registration in the cadastre. Online viewings and remote execution via power of attorney are available. Support languages — Greek, English.
If Considering as an Investment
The seller classifies the property under the Greece Golden Visa investment program. In 2026, for standard regions of Greece, including Corfu, the minimum threshold is €400,000 for the purchase of a single property with an area of at least 120 m². The property price (€330,000) is below the established threshold, so it does not qualify for the residence permit program. Ownership of property by itself does not grant the right to long-term residence.
Petriti and Notos Beach are in demand among tourists seeking a calm holiday. A property with a main house and four studios can be used as the owner's residence with simultaneous rental of the studios, or entirely for rental. After renovation is completed, this offers flexible usage options. The source provides no data on stated yield.
Best Suited For
— Buyers seeking a property with a main house and studios for rental on Corfu.
— Those prepared for cosmetic renovation and updating of the studios.
— Investors considering flexible use: owner's residence plus rental.
May Not Be Suitable
— If you plan to use it for the Golden Visa program — the price is below the €400,000 threshold.
— If you need a move-in-ready property — cosmetic renovation is required.
— If information about the year of construction is critical for you — the data is limited.
— If you need frontline sea property — about a 10-minute walk to the beach.
What to Know Before the Transaction
The property requires cosmetic renovation: the studios are simple and need updating, and the exterior also needs cleaning up. The main house is on three levels with an attic and a terrace with a sea view. The 2,000 m² plot offers potential for a pool or garden. When purchasing, be sure to verify clean title and the availability of all permits. In season, Petriti and Notos are in demand, and the beach may be crowded.
How to View and Purchase
Write to us with your travel dates and budget range. A Discount House manager will confirm the property's availability, send a full transaction cost breakdown, and suggest alternatives in the same area. Viewings in person or via video. Response within 30 minutes.