Buying real estate in Corfu: What you need to know

Doing the right ground work is crucial when it comes to finding a home that best suits yours needs.

Elxis recently published an article highlighting key issues for those looking to buy a house on the popular island of Corfu, western Greece.

It points out that homes catering to all budgets can be found on the Greek island that is drawing buying interest from Greek and international investors.

Prices vary depending on the size and age of the home, starting at around 1,500 euros per square meter for old village houses and sometimes even exceeding 5,000 euros for luxury villas close to the sea.

Out of the city and along the beaches, there is an array of homes for sale, meeting all tastes.

Villas providing luxury, comfort and sea views can be found at different points across the island though strong demand keeps the supply of good quality homes low.

Comfortable living standards and low property prices have made the island one of the hottest spots in the world to buy a holiday home, ranking Corfu next to Venice and Abu Dhabi.

“With a population of just over 100,000 people, Corfu is home to a vibrant community made up of locals and a large number of expats. Just about everyone on the island speaks English and the lifestyle is considered to be one of the most laid back and friendliest in Greece. Corfu has its own hospital, university and airport, providing ideal conditions for year-round living,“ it said.

The full article can be seen here.