Four Unit Estate With Pool, Sea Views And Potential €100,000 Annual Rental Income In Kato Korakiana
6 Beds
3,660 Sqft
1.61 Ac lot
Updated: September 12
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About the Property
Chase Real Estate Corfu is pleased to present this impressive multi-unit estate in Kato Korakiana, set within approximately 6,500m² of beautifully landscaped private grounds. Technical drawings indicate approximately 399m² across the ground, first and attic levels, subject to final technical confirmation. The estate comprises four independent residential units and benefits from a large swimming po
Chase Real Estate Corfu is pleased to present this impressive multi-unit estate in Kato Korakiana, set within approximately 6,500m² of beautifully landscaped private grounds. Technical drawings indicate approximately 399m² across the ground, first and attic levels, subject to final technical confirmation. The estate comprises four independent residential units and benefits from a large swimming pool, mature olive and fruit trees and attractive sea and countryside views, creating excellent potential for private or investment use.
The accommodation includes an approximately 100m² two-bedroom apartment, an approximately 45m² one-bedroom apartment and an approximately 120m² three-bedroom apartment. The approximately 117.60m² upper level is intended to become the fourth independent residence and requires completion, with potential for a further two or three bedrooms depending on the final layout and technical approval. Once completed, the four-unit configuration provides considerable flexibility for individual holiday rentals, larger groups or extended-family accommodation.
Outside, a large swimming pool and terraces are complemented by a sheltered barbecue and dining area, outdoor kitchen and bathroom, extensive landscaped gardens and ample private parking. Once the upper apartment is completed and the estate is professionally presented and managed, potential gross rental income is estimated at approximately €100,000 per year, although this is an indicative projection and not a guaranteed return. Kato Korakiana provides convenient access to Dassia, Ipsos, Gouvia Marina, Corfu Town and the airport.
Key Features Price: €1,100,000 Estate size: Approx. 399m², subject to technical confirmation Plot size: Approx. 6,500m² 4 independent residential units 6 existing bedrooms Potential for a further 2 - 3 bedrooms Ground-floor apartment: Approx. 100m², 2 bedrooms Ground-floor apartment: Approx. 45m², 1 bedroom First-floor apartment: Approx. 120m², 3 bedrooms Upper apartment: Approx. 117.60m² Upper apartment requires completion Large swimming pool Spacious pool terraces Sheltered barbecue and outdoor dining area Outdoor kitchen Outdoor bathroom Sea views Countryside views Beautifully landscaped private grounds Mature olive trees Numerous fruit trees Ample private parking Flexible multi-unit configuration Potential boutique holiday-rental opportunity Potential gross rental income: Approx. €100,000 per year Rental projection is indicative and not guaranteed Dassia and Ipsos within easy reach Convenient access to Gouvia Marina Corfu Town and airport easily accessible Located in Kato Korakiana, Corfu
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.