With a history of hosting the rich and famous, from European Royalty to John Lennon, the beautiful Corfu remains one of the most sought-after Greek destinations for affluent buyers. With ideal residence permit programs that make owning a second home or investment property a reality, investors from the United States and Canada, as well as the U.K., France, and Germany are able to own property in this idyllic location. Offering an exceptional lifestyle, a rich history, and exquisite properties, it is no surprise that Greece remains a great investment destination.
Buying property abroad can feel daunting, so liaising with experienced and passionate experts, is key in locating and securing your dream property. We talked to Roula Rouv Real Estate Agency ( ‘Best Real Estate Agency Greece’ and ‘Best Real Estate Agency Marketing Greece’ in 2021) to get key information on the destination and present a portfolio of villas tailored to luxury tastes.
Reintroducing Greece & Corfu
The geographical position of Greece at the crossroads of three continents has historically transformed it into a bridge of cultures, with extraordinary characteristics. Its famous natural
beauty and hospitable people, combined with the most favorable economic environment of recent years, make Greece one of the most attractive investment destinations, with real estate being at the forefront.
The National Herald, Greece, reports on the favorable climate for real estate investments in the country. The value of real estate on average, despite the overall increase of 25% from 2018, is still about 20% lower than in 2007; the industry is expected to approach the value it deserves in the year 2027.
The banks’ strategic decisions to increase mortgage lending, even at a fixed interest rate for their entire duration, and the ability to use residential real estate as an investment asset through short-term leasing have given it unprecedented added value.
The country’s attractive Golden Visa program is another factor contributing to the housing price increase, with growing demand for new developments.
Greece is known for its welcoming residents, stemming from a historic outlook that depicts foreign investment as an opportunity and extends to business relations.
Roula RouvaCEO at Roula Rouva Real EstateGreece is a place that will always be attractive, and Corfu especially is a place that managed to keep its prices high even through the financial crisis that hit the world. It is proven that owning a property and investing in Corfu can only be a very smart move. The island has all kind of properties, starting from very budget-friendly to multimillion-dollar villas, so it is safe to say that everyone can find their dream home. On daily basis, our team examines new proposals and contacts buyers, recording the requests so that we can create the best possible matches. Our office has been recognized as a boutique real estate agency due to the quality of the services we offer.
Corfu: A Mediterranean Gem for Discerning Investors and Luxury Seekers
With a distinctive, Venetian feel, Corfu remains one of the richest islands both in history and culture. With numerous palaces, including the birthplace of the late Prince Philip, Duke of Edinburgh, and Princess Alecia of Greece and Denmark, as well as the Museum of Asian Art of Corfu, residents live and breathe the island’s history.
If sporting opportunities are more appealing, Golf Courses, like the Corfu Golf Club, offer a challenging 18-hole course against a backdrop of lush vegetation and olive groves.
Largely due to the region’s history and significance, there has been an influx of foreign investment, especially in the hospitality sector. With huge names like the Chinese Fosun Tourism Group involved, and figures in the ballpark of 125 million Euros being invested by the Sani/Ikos Group, there seems a general consensus that now is the time to invest. The former Emir of Qatar, Hamad bin Khalifa Al Thani, renovator of the famed Miramare Hotel has also selected property in the North of the Island to be his own private holiday villa.
With culture, cuisine, and climate bolstering Corfu further, plus an international airport, marinas, and a port that serves as a leading cruise ship destination, tourists are stable contributors to the economy. Having 300 days of sunshine a year, the island doesn’t experience the costly ‘off-seasons’ that plague other investment destinations. Whether you seek to take advantage of the extended sunshine yourself or as an investment property, Corfu is solidified as a sought-after destination for affluent buyers.
A Trifecta of Exceptional Villas
Enchanting Suburban Villa Near Corfu Town
Location: Corfu Town
This charming villa personifies grandeur and verdant tranquility on the coast of the Ionian Sea, with views across the ocean and surrounding mountains. The majestic arched entrance makes it impossible to forget the history of the island, a feeling that continues throughout the 4,823-square-foot property. With 6 bedrooms and 9 bathrooms, this villa unfurls across three floors and is dotted with antiques, including a notable certified replica of a mirror in Althrop Castle in the United Kingdom. Luxury emanates from the antique furniture to the marble of the main bathroom. In combination with a cinema, open kitchen, fireplace, garden, and heated salt swimming pool, this home blends old and new to create a timeless luxury. With a grand veranda and al fresco dining area, it is easy to picture yourself in the mature garden, or enjoying the serene fountain.
Modern Panoramic Spectacle in Pristine Chalikounas
Location: Chalikounas, South-Western Corfu
A twin set of contemporary beach villas dip their toes in the renowned Halikounas Lake, with direct access to the golden sands of the shoreline. With uninterrupted views of the ocean, and in one of the most captivating coastal enclaves in the Ionian archipelago, these villas are just 27 kilometers from the town center and airport. With the additional option of joining the 5,738 square foot lot with a ground-floor connection, this sprawling 8 bedroom, 10 bathroom property can be joined along its central line. Each property acts as a reflection of the other, with the infinity pool on the left property attractively positioned to the left of the expansive terrace, and the respective pool in the right property a perfect reflection. Both buildings enjoy two floors, with gardens, tennis courts, a beautiful fireplace, balconies, and there is even a playground. Ideal for investment and as a property for personal use, the artistic architecture is sure to capture the hearts of those with an eye for the abstract.
Manicured Apraos Villa with Exceptionally Romantic Grounds
Location: Apraos, Northern Corfu
In the tranquil paradise of Apraos, in the northeast of Corfu, a refined 8-bedroom, 8-bathroom villa exudes refined sophistication throughout all 5,856 square feet of its contemporary interior to the landscaped lawns, vibrant flowers, and arching cypress trees. The stone and brick decorative walls blend seamlessly with the natural beauty of the outside space. With an expansive swimming pool, al fresco dining area, and cast iron pergolas, the outside space is truly luxurious. The main villa boasts six opulent bedrooms, all ensuite and with a private terrace to enjoy sea views, and embodies indoor-outdoor living. With an open-plan living and dining area, generous windows, state-of-the-art kitchen, and adjoining office space, the villa maintains an air of elegance and comfort. With an additional guest house with the remaining bedrooms and bathrooms, staff quarters, and two more plots of land both with active building licenses, there is room to make this villa yours with whatever additions suit your needs.
Corfu: Where History, Luxury, and Sunshine Meet for Investors
Corfu epitomizes the concept of an affluent destination, offering an array of enticing benefits, from an inviting financial climate that extends from a historical openness to foreign investment. As an island rich in Venetian history and culture, Corfu is ideal for foreign investments, and the island’s temperate climate, international accessibility, and 300 days of sunshine per year make it an attractive destination for well-heeled buyers, both as a personal haven and investment property. Corfu blends history, luxury, and natural beauty into a sought-after island paradise, without the costly off-seasons plaguing other investment destinations.
Have any other questions? Contact Roula Rouva Real Estate Agency to find out more.