Apartments for sale 130m2 in Corfu, Greece

A 130 m² apartment is for sale on the 3rd floor in Corfu Old Town, a UNESCO World Heritage Site. The windows offer sea views. The apartment requires a full renovation. Price - €320,000.

Corfu Old Town is the only city of its size in Greece that has survived virtually unchanged since the Venetian period. Since 2007, it has been inscribed on the UNESCO World Heritage List under criterion iv - as an outstanding example of fortification architecture that has preserved its authenticity and integrity. The city is known for its labyrinth of narrow cobbled streets, the "kandounia," and neoclassical buildings. Within walking distance are Spianada Square, the largest in the Balkans, and Liston - a promenade with cafes and restaurants.

A 130 m² apartment on the 3rd floor. Sea views. Requires a full renovation. The year built, layout, and condition of the engineering systems are not specified in the source.

• Price - €320,000.
• Price per square meter - €2,462.

When purchasing real estate in Greece, the buyer pays the property transfer tax (FMA) at a rate of 3.09% of the property value. For an apartment valued at €320,000, the tax will be about €9,888. Notary and registration fees - about 1-2% of the value.

The final transaction amount is calculated individually and communicated before signing the contract.

ENFIA property tax. For properties in Corfu Old Town that may have "historic protected building" status, reduced coefficients apply. The exact rate is to be confirmed with the tax authority. The municipal TAP levy is also paid.

What to Know About UNESCO Status and Renovation

Corfu Old Town has been a protected historic monument since 1979, and since 2007 - a UNESCO World Heritage Site. This imposes strict restrictions on any construction and renovation work.

What is typically done during a major renovation in a protected building:

The owner is obliged to preserve the architectural, artistic, and structural elements of the building. Any work - repair, reconstruction, changing the exterior - requires special approval from the Architecture Council (CA) and the Ministry of Culture. For buildings constructed before 1955, or for any buildings in a protected zone, the renovation application is mandatorily submitted to the Architecture Council for assessment.

Typical scope of work during a major renovation:- Reinforcement of load-bearing structures (for old buildings)- Replacement or restoration of windows and doors while preserving the historic appearance- Interior reconfiguration while preserving the structure- Updating engineering systems (electrical, plumbing, sewerage)- Roof repair and waterproofing- Installation of passive and active solar systems and air conditioners is permitted after approval by the Architecture Council- Installation of an elevator within the building envelope is permitted

Important: demolition of a protected building is prohibited under any circumstances. If a building is deemed unsafe, reinforcement, repair, or reconstruction work is permitted, but not demolition.

Ownership and Transaction Format

Ownership type - freehold. Foreigners may purchase real estate in Greece. Transaction steps: selecting a property, legal due diligence, signing the preliminary contract, notarization, and registration in the cadastre. Online viewings and remote closing via power of attorney are possible. Support languages - Greek, English.

If You're Considering It as an Investment

The seller markets the property under the Greece Golden Visa investment program. In 2026, for standard regions of Greece, including Corfu, the minimum investment threshold is €400,000 when purchasing a single property of at least 120 m². The property's price (€320,000) is below the established threshold, so it does not qualify for the residency program. Ownership of real estate by itself does not grant the right to long-term residence.

An apartment in Corfu Old Town is of interest to buyers prepared for restoration subject to the protected status. Properties in the historic center enjoy sustained rental demand. The source does not contain data on stated yields.

Best For

- Those looking for a property in the historic center of Corfu, a UNESCO World Heritage Site.- Buyers prepared for a full renovation in compliance with preservation requirements.- Investors considering long-term ownership of real estate in a protected zone.

May Not Be Suitable

- If you plan to use it for the Golden Visa program - the price is below the €400,000 threshold.- If you need a move-in-ready apartment - the property requires a full renovation.- If you are not prepared for the lengthy approval process for renovation work with the Architecture Council and the Ministry of Culture.- If your budget does not account for additional restoration costs in a protected building.- If information about the year built is critical for you - the data is unavailable.

What to Know Before the Transaction

The apartment is located in the UNESCO zone, which means any renovation work must be coordinated with the Architecture Council and the Ministry of Culture. For buildings constructed before 1955, the renovation application is mandatorily submitted to the Architecture Council. Demolition of a protected building is prohibited. Installation of solar systems and air conditioners is permitted after approval. Installation of an elevator within the building envelope is permitted.

Let us know when you plan to travel and what budget you have in mind. A Discount House manager will confirm the availability of the unit, send a full breakdown of transaction costs, and suggest alternatives in the same area. Viewing in person or by video. Response within 30 minutes.