03.02.2026
Corfu is one of the most established property markets in Greece, attracting buyers from across Northern Europe and beyond. Property prices vary considerably depending on location, property type, and condition, from traditional stone houses in inland villages to elegant neoclassical villas and modern seaside residences. This guide gives you a practical overview of what to expect.
Prices in Corfu sit at the higher end of the Ionian Islands, reflecting the island's strong infrastructure, international airport connectivity, and year-round community. Property prices are higher than elsewhere in the Ionian, though the island offers a broad range of options across different budgets.
Coastal properties with sea views or direct beach access command the highest prices. Traditional stone houses in inland villages offer better value, while modern developments near popular beaches occupy the premium segment. New-build properties typically carry higher costs than older properties requiring renovation, though the gap has narrowed as construction costs have risen.
According to Elxis market data, the average price per square metre for holiday homes across Greece reached €3,398 in the first four months of 2026, up 10.8% from the same period in 2025. For new-build properties, the average rose to €4,245/sqm, while existing homes averaged €2,550/sqm. Corfu, as one of the strongest-performing markets in the country, tends to sit above these national averages, particularly for coastal and new-build properties.
Beach proximity is the single biggest driver. Properties within walking distance of popular beaches carry substantial premiums, and direct sea views or private beach access push prices to their highest levels. The quality and accessibility of the beach itself also matters.
Property condition and age play a significant role. Well-maintained traditional houses often compete on price with newer constructions, and renovation opportunities can represent good value for buyers willing to invest in improvements. Modern amenities such as swimming pools, air conditioning, and updated kitchens add value across all property types.
Location relative to amenities also affects pricing. Properties near Corfu Town or popular tourist areas maintain stronger values due to convenience and rental potential. Road quality and accessibility are particularly relevant for rural properties.
Corfu sits comfortably above the Ionian average and is broadly comparable to popular parts of Crete. It is significantly more affordable than Santorini or Mykonos, where limited land availability and iconic status push prices well beyond what comparable properties would cost elsewhere.
Rhodes and other Dodecanese islands typically offer lower entry prices, particularly for traditional properties. Corfu's established tourism infrastructure, international airport, and year-round community support stronger values and rental potential than many comparable island destinations.
Inland villages and traditional settlements offer the most accessible entry points. Mountain villages such as Pelekas, Sinarades, and Doukades feature authentic stone houses at competitive prices, often with land and gardens included. These locations offer genuine village life with local tavernas and a strong sense of community.
Northern inland areas around Roda and Acharavi provide good value for properties set back from the coastline, with easy beach access and growing local infrastructure. Southern areas near Lefkimmi offer proximity to beaches and the airport while maintaining a more traditional character and lower prices than the island's more developed northern and central areas.
Beyond the purchase price, buying property in Greece involves several additional costs. Transfer tax is set at 3.09% of the purchase price or the government-determined objective value, whichever is higher. Notary fees and land registry registration costs combined are approximately 2.5% of the property value. Lawyer's fees typically range from 1-2% plus VAT, and while hiring a lawyer is not legally required, it is strongly advisable, particularly for foreign buyers.
Certain exemptions on transfer tax may apply in specific circumstances. Your lawyer can advise whether you qualify based on your personal situation.
Additional costs to budget for include property surveys, document translations, and utility connections. Once you own the property, annual ENFIA property tax becomes an ongoing obligation, calculated on the objective value with rates varying by location and property characteristics.
Corfu has been among the strongest-performing markets in Greece in recent years, alongside Crete and the broader Ionian Islands. Demand from international buyers, particularly from Northern Europe, has driven consistent price growth and supported strong rental markets.
The wider Greek holiday home market saw prices rise by 10.8% in the first four months of 2026 compared to the same period in 2025, according to Elxis data. Average buyer spending has also shifted upward, with significant demand emerging for properties above €500,000, particularly newly built villas with private pools close to the sea.
The Golden Visa programme has brought additional investment interest to the premium segment. Corfu falls outside the high-demand zones, meaning the minimum qualifying investment is €400,000 rather than the €800,000 that applies in Athens, Thessaloniki, Mykonos, Santorini, and larger islands. This makes Corfu a practical option for buyers seeking both a quality holiday home and a pathway to European residency.
Tourism recovery since 2020 has strengthened rental markets, and Corfu's year-round appeal, supported by schools, hospitals, expat networks, and a vibrant cultural scene, makes it particularly attractive for buyers considering semi-permanent living or high-end rental investment.
Disclaimer: This content is for informational purposes only and does not constitute legal or tax advice. For matters specific to your situation, we recommend consulting a lawyer, accountant, or notary as appropriate.
24.06.2026
Greece remains one of Europe's most rewarding places to own a property and let it out, and the latest short-term rental rules do little to change that, as the new limits are targeted. More specifically, they focus on the busiest central districts of Athens and Thessaloniki, while the islands, the coast, and the wider market stay open.
23.06.2026
Selling a Greek property while you live in another country can feel like a tangle of paperwork in a language you do not read. The part that surprises most owners is how little of it actually requires your physical presence. You can sell a house in Greece from abroad without travelling at all. The sale runs through a power of attorney, with a legal representative acting for you on the ground. With your documents in order and a team handling the legal side, the whole process can be completed from your home country.
09.06.2026
Selling property in Greece means meeting a clear set of legal requirements: the right documents, a notarial deed, settled taxes, and clean title. For owners living abroad, the difficulty is rarely the rules themselves. It is coordinating several Greek authorities from another country. Here is what the process actually involves, and where having a legal team on the ground changes things.
21.05.2026
I bought a home in Greece (or I'm fantasizing about buying one), and I want to rent it out. What does it take to rent out a home in Greece? What taxes will I pay, and what income can I expect? Can I hire someone to assist me in renting out my home in Greece? In this comprehensive guide, we share everything you need to know about renting out a home in Greece, including legal requirements, market insights, and practical tips.
21.05.2026
Buying a home in Greece often starts with one very simple question: what does my budget actually get me?
It is a fair question, because property prices in Greece can vary a lot depending on location, views, accessibility, construction quality, and rental potential. A budget that may secure a sea-view apartment in one region could open the door to a private villa with land in another. In more established destinations, the same amount may buy less space, but stronger location value. In this guide, we look at both existing homes and off-plan projects currently under construction. This reflects how many international buyers search in Greece today: comparing ready-to-use properties with new-build opportunities that may still be in development. In some cases, buying off-plan can offer more flexibility, newer specifications and staged payments, while existing homes may appeal to buyers who want to use or rent the property sooner.
For international buyers, understanding these differences is an important first step. Whether you are looking for a holiday home, a future relocation base, or a long-term investment, knowing what €250K, €400K and €600K can realistically offer helps you search with more clarity.
13.05.2026
A full-service Greek real estate company handles the property search, the legal work, and the support after purchase in one place, so international buyers don't have to hire and coordinate separate agents, lawyers, and administrators. For anyone buying from abroad, that removes the hardest part of the process: navigating Greek property law in a language and a system they don't know. This guide explains what a full-service company does, why it matters for international buyers, and how it works in practice at Elxis.
07.05.2026
Greece has become one of the most appealing places in the world to spend retirement. The climate is mild, the cost of living is reasonable, the healthcare is good, and the tax treatment of foreign pensions is among the most generous in Europe. This guide walks through the practical side of retiring here: how to get residency, how the tax system works for pensioners, how to arrange healthcare, and where people choose to live.
05.05.2026
You can sell a property in Greece yourself. For most owners, though, an agent is the safer and far less stressful route. That is even more true if you live abroad. Here is the honest case for using one, and what selling alone really asks of you.
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