6,000 M² Development Land With Existing Villa In Corfu Town In Kanoni

Located in the sought-after area of Kanoni, just minutes from Corfu Town and Corfu International Airport, this 6,000 m² property presents an outstanding opportunity for developers and investors. Overlooking the airport runway, lagoon, coastline, and surrounding landscape, the elevated position offers uninterrupted views while remaining close to restaurants, shops, marinas, and the island’s main services.

The property currently includes a substantial 360 m² villa and offers the potential for an additional 600 m² of above-ground construction, together with extensive basement areas, subject to planning approval. This creates an estimated total internal development area of approximately 1,920 m², providing the flexibility to create a high-quality residential project in one of Corfu’s strongest investment locations.

A proposed development concept has been prepared for six contemporary detached villas, each offering approximately 100 m² of internal living space with private swimming pools, landscaped gardens, private parking, and optional basement levels. The existing villa could be renovated into a luxury residence or incorporated as the central feature of the development, adding further value and character to the project. Alternatively, the site is also suitable for an apartment development, allowing flexibility to suit different investment strategies and market demand.

With strong year-round tourism, increasing demand for premium accommodation, and one of the island’s most recognisable locations, the property offers excellent long-term investment potential. Preliminary development studies indicate a total project size of approximately 1,920 m², with estimated end values ranging between €11.5 million and €15.3 million depending on specification and market conditions. Combined with its prime location, development flexibility, and outstanding views, this represents one of the most attractive large-scale development opportunities currently available near Corfu Town.

Key Features

Asking Price: €1,100,000
Approx. 6,000 m² plot
Existing 360 m² villa
Potential for an additional 600 m² of above-ground construction (subject to planning)
Additional basement construction potential
Approximate total internal development potential: 1,920 m²
Proposed concept for 6 detached luxury villas
Private swimming pools, landscaped gardens, and parking included in the proposed concept
Airport runway, lagoon, coastline, and sunset views
Minutes from Corfu Town and Corfu International Airport
Flexible development potential for luxury villas or apartments (subject to planning)
Strong investment, resale, and premium rental potential

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: [hidden information]
💬 WhatsApp: Message us directly
📧 Email: [hidden information]
🌐 Website: [hidden information]
📍 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.