Real Estate in Corfu, Greece

"Finding a place to live in Corfu involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large villa, depending on your needs and financial capabilities. Next, you should research different areas in Corfu to find a location that suits your lifestyle. Some people might prefer the bustling atmosphere of Corfu Town, while others might prefer the tranquility of a small village in the countryside. Consider factors such as proximity to amenities, the local community, and the general atmosphere of the area. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms that list properties for rent or sale in Corfu, such as HomeGreekHome, Spitogatos, and Airbnb for short-term rentals. These platforms allow you to filter your search based on location, price, property type, and other factors. In addition to online platforms, you might also want to consider hiring a local real estate agent. They can provide valuable insights into the local property market and help you navigate the process of renting or buying a property in Greece. Make sure to choose a reputable agent who is registered with the Greek Real Estate Federation (POMIDA). Once you've found a property that you're interested in, arrange a viewing. This will give you a chance to inspect the property in person and ask any questions you might have. If you're not in Greece, you might be able to arrange a virtual viewing. If you decide to proceed with a property, you'll need to negotiate the terms of the lease or sale with the landlord or seller. This will typically involve discussing the price, the length of the lease, and any other conditions. If you're buying a property, you'll also need to hire a lawyer to handle the legal aspects of the transaction. Finally, once the terms have been agreed upon, you can sign the lease or purchase agreement and move into your new home in Corfu," said one expat who made the move to Corfu.

"A typical expat home or apartment in Corfu, often boasts a stunning view of the Ionian Sea or the lush, green landscapes of the island. These homes are usually designed in a traditional Greek style, with white-washed walls, blue doors and windows, and terracotta roof tiles. They often feature spacious living areas, multiple bedrooms, and modern kitchens and bathrooms. Many homes also have outdoor spaces such as balconies, terraces, or gardens, perfect for enjoying the Mediterranean climate. Some properties may even have a private swimming pool. The homes are usually located within walking distance to local amenities like shops, restaurants, and beaches. Despite their traditional exteriors, these homes often have modern interiors with air conditioning, Wi-Fi, and other contemporary conveniences," said one expat in Corfu.

"The average cost of housing in Corfu can vary greatly depending on the location and type of property. For instance, a one-bedroom apartment in the city center may cost around €500 per month to rent, while a similar property outside the city center may be around €350 per month. If you're looking to buy property, the average price per square meter in the city center is approximately €1,500, while outside the city center it drops to around €1,000. However, these prices can fluctuate based on market conditions and other factors. Luxury villas and beachfront properties are, of course, significantly more expensive," remarked one foreigner who made the move to Corfu.

"The decision to buy or rent a home in Corfu, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Corfu for a long period or frequently visit, buying a home could be a good investment. Owning a property in Corfu can also provide a potential source of income through holiday rentals when you are not using it. However, buying a home involves a significant financial commitment and comes with additional costs such as maintenance, property taxes, and insurance. It also requires a long-term commitment, as selling a property can take time and may not always be possible at a profit. On the other hand, renting a home in Corfu offers more flexibility. It's a good option if you're planning to stay for a shorter period or if you're unsure about your long-term plans. Renting allows you to explore different areas of the island and move more freely. It also means you don't have to worry about property maintenance or the housing market. Financially, renting can be more manageable as it doesn't require a large upfront investment. However, rent money does not contribute to an investment or asset, as mortgage payments do when you buy a home. In conclusion, both buying and renting a home in Corfu have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a real estate professional or financial advisor can also be helpful in making an informed decision," said one expat who made the move to Corfu.