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Corfu Property: Prices, Areas and Rules for Buyers

Corfu property needs an €800,000 investment for a Golden Visa, because Corfu is an island with more than 3,100 residents. Spitogatos published no Corfu-specific price for Q2 2026; the Ionian Islands averaged €2,531/m², up 5.9% year on year. Corfu Airport handled 4.62 million passengers in 2025, and the Old Town is a UNESCO World Heritage site with strict rules on works.

Last verified: 20 October 2026
€800,000
Golden Visa minimum, Corfu island
Law 5100/2024
€13.4/m²
Student-home asking rent per month, Corfu, Q2 2026
Spitogatos
4.62m
Corfu Airport passengers in 2025 (+6.3%)
Fraport Greece
2007
Old Town of Corfu inscribed by UNESCO
UNESCO

Corfu property at a glance

Corfu (Kerkyra, Κέρκυρα) is the northernmost large Ionian island, off the coast of Epirus. Its market is mostly holiday homes and villas. Spitogatos ranks Corfu among the island areas most targeted by foreign buyers.

ItemFigureSource and date
Golden Visa minimum€800,000 (one property, at least 120 m² main areas)Law 5100/2024
Asking sale price, CorfuNot publishedSpitogatos, Q2 2026 release
Student-home asking rent€13.4/m² a monthSpitogatos student-housing release, Q2 2026
Airport passengers4,618,810 in 2025Fraport Greece
Old TownUNESCO World Heritage site since 2007UNESCO

To compare Corfu with other islands and the mainland, see where to buy property in Greece and our Greek islands guide.

Corfu real estate prices

No official or portal series gives a 2026 average price for Corfu real estate in its public release. The nearest published figures are regional.

  • Spitogatos put the Ionian Islands average asking price at €2,531/m² in Q2 2026, up 5.9% year on year. Paxoi was the highest at €3,846/m², followed by Lefkada at €3,302/m² and Kefalonia at €2,531/m². Spitogatos published no Corfu-specific figure in that release.
  • Corfu is among the island areas foreign buyers target most. In Spitogatos’ Q2 2026 islands release, foreign buyers mostly targeted the Cyclades and the Dodecanese, then the Chania regional unit, Corfu and the Heraklion regional unit. Buyers from the United States led island demand, followed by the United Kingdom, Germany, the Netherlands and France.
  • In Spitogatos’ separate student-housing release, small homes suited to students in Corfu were listed at €13.4/m² a month in Q2 2026. This covers student flats only, not the wider rental market.
  • The Bank of Greece does not publish a Corfu index. Its “other areas” series rose 7.1% year on year in Q2 2026.

Prices on the island vary widely between restored villas on the north-east coast, village houses inland and flats in Corfu Town. Compare current listings on Spitogatos and xe.gr for the exact area. National trends are on our Greece house prices data page.

Where to buy a house in Corfu

Most people who buy a house in Corfu choose between the town, the north-east coast and the quieter west and south. Each part has a different market.

Corfu Town

The capital has the Old Town, the Venetian fortresses and year-round services. Housing is mostly flats in older buildings and townhouses. Works in the Old Town are tightly controlled (see below).

North-east coast

Between Nissaki, Kalami, Kouloura, Agios Stefanos Sinion and Kassiopi, the coast faces Albania across a narrow strait. This area has many stone villas and is the most established foreign-buyer market on the island.

Central east coast

Kontokali, Gouvia and Dassia are close to the town and the airport, with a marina at Gouvia. They suit year-round use.

West and north-west coast

Paleokastritsa, Agios Gordios, Arillas and Agios Stefanos Avliotes have sandy beaches and hillside villages. The west is generally quieter outside summer.

South

Lefkimmi and the southern villages are the least developed part of the island.

Corfu Old Town: UNESCO rules

The Old Town of Corfu has been a UNESCO World Heritage site since 2007. The listed area covers 70 hectares, with a 162-hectare buffer zone.

Protection is shared between the Ministry of Culture, the Ministry of the Environment and the Municipality of Corfu under decrees dating from 1980 and 1981, and the antiquities law (Law 3028/2002). In practice, changes to façades, roofs, windows and building volumes need approvals from the heritage and planning authorities. Ask an engineer who works in the Old Town to confirm what is allowed before you agree a price.

What to check before buying in Corfu

Corfu has many old properties, hillside plots and seafront land. Title, planning status and access are the main risks.

  • Cadastre. The Cadastral Office of the Ionian Islands opened in Corfu on 27 September 2023, replacing the former mortgage registries. Ask your lawyer to confirm the property’s Cadastre record and that it matches the deeds and the boundaries on the ground.
  • Coastal zone. The foreshore (aigialos) and beach are public under Law 2971/2001. Check the officially fixed foreshore line before buying seafront land.
  • Out-of-plan building. Building outside a town plan generally needs a plot of at least 4,000 m² with frontage on a recognised public road. Many hillside plots have only private or informal access, which can block a permit.
  • Forest maps. Check whether the plot is marked as forest or woodland on the approved forest maps.
  • Illegal works. Pools, extra rooms and terraces added without permits must be legalised before a sale. See illegal building works in Greece.
  • Diapontia islands. Othonoi, Mathraki and Ereikoussa, north-west of Corfu, are border areas under Law 1892/1990. Buyers from outside the EU and EFTA need prior permission there, according to Zepos & Yannopoulos. Corfu island itself is not on the border-area list.

For the full process, read how to buy property in Greece as a foreigner, and see power of attorney for Greek property if you will buy remotely.

Renting out Corfu real estate

Corfu has no freeze on new short-term rental registrations. The national rules apply: AADE registration, a registration number (AMA) on listings, minimum standards and the climate resilience fee.

Demand follows the tourist season, which the airport figures show is long and growing. No official series publishes general long-term rents for Corfu; the only Spitogatos figure is the €13.4/m² student-home asking rent for Q2 2026. Golden Visa properties may not be let as short-term rentals. See short-term rental rules for 2026 and rental income tax for owners abroad.

Corfu Golden Visa threshold

Corfu is an island with more than 3,100 residents, so the €800,000 Golden Visa minimum applies under Law 5100/2024. The property must be a single unit with at least 120 m² of main areas.

Conversions of commercial buildings and restorations of listed buildings qualify from €250,000. For smaller islands in the same regional unit, the threshold depends on population, so confirm it with a lawyer. See our Golden Visa guide.

Costs and taxes

Purchase costs are the same across Greece. Transfer tax on a resale is 3.09%, including the municipal surcharge. A draft bill would raise it for buyers who are not EU/EEA tax residents from 1 July 2027; it is a draft, not law. See our report.

For notary, lawyer and registration costs, read the cost of buying property in Greece or use our buying cost calculator. Owners abroad also pay the annual property tax; see ENFIA for non-resident owners.

Getting there

Corfu International Airport (CFU) handled 4,618,810 passengers in 2025, up 6.3% on 2024, Fraport Greece data show. Preliminary figures for January to September 2026 show 4,380,283 passengers, 6.6% more than a year earlier.

The airport is next to Corfu Town. Ferries link the island with Igoumenitsa on the mainland and with ports in Italy.

Thinking about buying in Corfu? Give your brief to an independent buyer’s agency. It can search the market for exactly what you are looking for and advise you through the purchase.

Frequently asked questions

How much does property cost in Corfu?

Spitogatos published no Corfu-specific figure for Q2 2026. The Ionian Islands averaged €2,531/m² in asking prices, up 5.9% year on year, with Paxoi at €3,846/m² and Lefkada at €3,302/m². Prices range widely, from inland village houses to villas on the north-east coast, so compare current listings on Spitogatos and xe.gr.

What is the Golden Visa minimum in Corfu?

€800,000, because Corfu is an island with more than 3,100 residents, under Law 5100/2024. The investment must be one property with at least 120 m² of main areas. Conversions and listed-building restorations qualify from €250,000. Golden Visa properties may not be let as short-term rentals.

Can foreigners buy property in Corfu?

Yes. EU and non-EU buyers can buy on Corfu island without special permission, since it is not on the border-area list of Law 1892/1990. The small Diapontia islands of Othonoi, Mathraki and Ereikoussa are border areas, so buyers from outside the EU and EFTA need prior permission there.

Can I renovate a house in Corfu Old Town?

Yes, but with approvals. The Old Town has been a UNESCO World Heritage site since 2007, protected by Ministry of Culture and planning decrees. Changes to façades, roofs, windows and volumes need permission from the heritage and planning authorities. Get an engineer’s written opinion on what is allowed before you agree a price.

Is there an Airbnb ban in Corfu?

No. Corfu has no freeze on new short-term rental registrations. The freezes in force in 2026 apply only to central Athens and central Thessaloniki. In Corfu you must register with AADE, show the registration number (AMA) on listings, meet minimum standards and declare the income.

How busy is Corfu Airport?

Corfu Airport handled 4,618,810 passengers in 2025, up 6.3% on 2024, Fraport Greece data show. Preliminary figures for January to September 2026 show 4,380,283 passengers, 6.6% more than a year earlier. The airport is next to Corfu Town, with many seasonal international flights in summer.

Sources

This page explains published rules and data; it is not legal, tax or investment advice. Proposals and announcements are marked as such and are not law until published in the Government Gazette. Track changes in the regulation tracker.

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