119 m² House in Pareli, Corfu — Requires Completion of Interior Finishing
A new two-story house with a total area of 110 m² (per the source — 119 m²) is for sale on a 1,200 m² plot in the Pareli area, Corfu. Two bedrooms, one bathroom, and one separate WC. Year built — 2025. Energy class — A+. Distance to the sea — 1,000 m. The house awaits an owner to complete the interior finishing. Price — €270,000 (as-is condition).
Location
Pareli is an area in the northwest of Corfu, near the village of Giannades, 6 minutes from the beach and 10 minutes from Paleokastritsa. The average asking price for housing in Pareli in January 2026 is €1,949 per m². The area is part of rural Corfu with limited development. Corfu Town center is about 25 km away.
About the Property
A house built in 2025, two levels. First floor: spacious living room, kitchen, WC. Second floor: two bedrooms, bathroom. Internal staircase. There is an 8 m² storage room. Floors — tile. Window frames — aluminum, double-glazed. Mosquito screens, an armored entry door, and an alarm system are installed. The house is fully furnished. Energy class — A+. The planned finishing can be carried out by the developer's contractors according to the buyer's preferences.
In the Complex
On the 1,200 m² plot — three parking spaces. View — facade. Access — via an asphalt road. The area — residential zone.
Price and Costs
- Price — €270,000 (as is).
- Price per square meter — €2,269.
- Year built — 2025.
When purchasing a house in Greece, the buyer pays the property transfer tax (FMA) at a rate of 3.09% of the property value. For a house valued at €270,000, the tax will be about €8,343. Notary and registration fees — about 1–2% of the value. Total transaction closing costs typically amount to 8–10% of the property price.
The final transaction amount, including all fees, is calculated individually and communicated before signing the contract.
Annual expenses: ENFIA property tax. For properties in settlements with a population of up to 1,500 residents and a value of up to €400,000, a 50% reduction applies in 2026. Pareli and Giannades fall into this category of settlements, and the property value is below the threshold. The municipal TAP levy is also paid.
Ownership and Transaction Format
Ownership type — freehold. Foreigners may purchase real estate in Greece. Transaction steps: selecting a property, legal due diligence, signing the preliminary contract, notarization, and registration in the cadastre. Online viewings and remote closing via power of attorney are possible. Support languages — Greek, English.
If You're Considering It as an Investment
The seller markets the property under the Greece Golden Visa investment program. In 2026, for standard regions of Greece, including Corfu, the minimum investment threshold is €400,000 when purchasing a single property of at least 120 m². The property's price (€270,000) is below the established threshold, so it does not qualify for the residency program. Ownership of real estate by itself does not grant the right to long-term residence.
The house in Pareli can be used for seasonal or long-term rental. The average rental rate in the area is €8.26 per m² per month. Rental income is subject to progressive income tax in Greece. The source does not contain data on stated yields.
Best For
— Those looking for a new house with the ability to choose the finishing themselves.
— Buyers planning to use the property as a holiday home or for seasonal vacations in Corfu.
— Those who value A+ energy efficiency and autonomy (1,200 m² plot, 3 parking spaces).
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 beachfront property — the beach is 1,000 m away.
— If you are not prepared for additional costs to complete the interior finishing.
— If proximity to the city center is critical for you — Corfu is 25 km away.
What to Know Before the Transaction
The house was built in 2025, energy class A+. The interior finishing is not completed — the developer offers to carry it out according to the buyer's preferences. Price options: "as is" — €270,000; completed — €300,000; completed with a pool — €350,000. An alarm system, armored door, and mosquito screens are present. A 1,200 m² plot with three parking spaces. For the Golden Visa program, make sure the property meets the area requirements (120 m²) and intended use as of the transaction date.
How to View and Buy
Let us know when you plan to travel and what budget you have in mind. A Discount House manager will confirm the availability of the unit, send a full breakdown of transaction costs, and suggest alternatives in the same area. Viewing in person or by video. Response within 30 minutes.