Area Guides:
Corfu
Property Market
Property Market - Corfu Real Estate Seafront villas for sale in Corfu are considered the pinnacle of luxury real estate in Greece. Corfu real estate is the oldest and most established luxury property market in Greece, trendy for the savvy international sophisticated buyers looking for both a heritage and a lifestyle real estate investment in the Mediterranean at a fraction of the acquisition cost of other popular destinations in Southern Europe. Those rare seafront jewels are priced on average at €15,000 per sq.m. offering property collectors significant quality to their real estate portfolio and a solid long-term investment. These properties are mainly located on the northern east coast of the island, on a stretch of lush greenery and turquoise waters called Kensington by the sea. Equally appealing, Corfiot inland offers fine examples of old-times aristocracy mansions starting at €6,000 per sq.m. while apartments in the city are a popular solution for an entry-level investment in luxury real estate.
‘Somewhere between Calabria and Corfu, the blue really begins… you are aware of a change in the heart of things: aware of the horizon beginning to stain at the rim of the world: aware of islands coming out of the darkness to meet you’. So begins Lawrence Durrell’s 1945 ode to Corfu, Prospero’s Cell. Even today, visitors to the island often arrive by sea, approaching from Italy in the west of the Greek mainland in the east.
In the early morning sunlight, the pastel-hued houses overlook Corfu Town’s historic port. They create a charming medley of slender levels interconnected by narrow alleyways. Laundry hangs from every balcony, resembling vibrant festive bunting swaying in the breeze.
Towering Venetian mansions, bearing ancient coats of colourful paint softened by countless winters, give town visitors the sensation of stepping into a watercolour masterpiece.
Corfu has rightfully earned its reputation as Greece’s music capital
The island boasts a multitude of music associations, orchestras, bands, and a musical tradition dating back 400 years to the Venetian era of the island.
At the heart of the town lies a broad tree-lined promenade known as the Spianada. Elegant French arcades reminiscent of Rue de Rivoli echo through the air. An intriguing British influence can be discovered on this grand square. It transforms into a cricket pitch during the summer, a unique feature as it’s the only operational sports field within a UNESCO World Heritage Site.
Meanwhile, the Corfiot countryside showcases a mournful beauty unparalleled across Greece. It contrasts starkly with the stark barrenness of the Aegean. Drenched in brilliant white sunlight during summer, the island undergoes a sublime transformation thanks to winter rains. This causes lush greenery to blanket the inland valleys, which are thickly carpeted with wildflowers and adorned with gnarled olive trees, while dense groves of swaying cypresses punctuate the landscape.
In the sophisticated northeast, known as “Kensington-on-Sea,” you’ll find the finest real estate in Greece. The imposing summer villa of the Rothschild family anchors it. Here, the luxury villa lifestyle reigns supreme. Hillside properties are secluded amidst the landscape, boasting private infinity pools and awe-inspiring sea views. The enigmatic Epirote mountains, crowned in snow, loom mysteriously in the east.