Property in Corfu: prices by area, buying costs and what Israelis should know (2026)
Corfu is one of the islands most in demand with foreign buyers, Israelis included, especially for villas. What it costs, where, and what to check before you buy.
- The average asking price in the Ionian Islands was about €2,531/m² in Q2 2026, up 5.9% in a year (Spitogatos).
- Corfu town and the north-east are much pricier; inland villages are cheaper.
- In Corfu the Golden Visa requires €800,000, and the government has announced a higher transfer tax for non-EU buyers from 2027.
If you are thinking of buying in Corfu, decide the goal first: a holiday home, a tourist rental or a Golden Visa. Each points to a different area and budget. Before committing, check the timing against the new transfer tax and work with a Greek lawyer.
Why Corfu?
Corfu is the largest and most visited Ionian island, with an international airport, a UNESCO-listed old town, marinas and more than 16 Blue Flag beaches. It draws buyers from northern Europe, and Israelis have been named among notable luxury buyers.
How much does property cost in Corfu?
Average: according to Spitogatos, the average asking price in the Ionian Islands was about €2,531/m² in Q2 2026, up 5.9% year on year. No separate Corfu figure was published.
Ranges by area (agency estimates, not transaction data):
| Area | Asking price per m² | Source and note |
|---|---|---|
| Corfu town, historic centre or sea view | €2,800–4,500 | Green-Acres, 2024 data |
| North-east (Kassiopi, Nissaki) | €3,500–6,000 | Green-Acres, luxury villas |
| Tourist areas (e.g. Paleokastritsa) | €2,500–4,000 | Green-Acres |
| Inland villages | From €1,500 | Traditional houses or renovation projects |
| Less sought-after locations | €2,500–3,500 | Engel & Völkers, 2026 |
| Premium locations | From €4,000 up | Engel & Völkers, 2026 |
Villas in areas such as Spartylas and Nissaki start at around €1.3–1.4 million, according to Engel & Völkers.
Which area of Corfu suits what?
- Corfu town and Kontokali: close to the airport, hospital and services; good for rentals too.
- North-east (Nissaki, Kassiopi): luxury villas with views to Albania; the island's highest prices.
- West (Paleokastritsa, Glyfada): famous beaches and strong summer rental demand.
- North (Roda, Acharavi) and south (Lefkimmi): cheaper, for value hunters.
What does buying cost beyond the price?
| Cost | How much |
|---|---|
| Transfer tax | 3.09% of the price or the objective value, whichever is higher |
| Notary and land registry | About 2.5% combined |
| Lawyer | 1–2% plus VAT; not mandatory but strongly advised for foreign buyers |
| Other | Surveyor, translations, utility connections and annual ENFIA property tax |
Transfer tax for non-EU buyers: the Greek government has announced that from 2027 Israelis buying a home will pay a much higher transfer tax, about 15%. The legislation has not been published in full. Details in our Golden Visa guide.
The Golden Visa in Corfu
Under Law 5100/2024, on islands with more than 3,100 inhabitants, such as Corfu, the minimum investment is €800,000 in a single property of at least 120 m², which may not be let short-term. For a lower Golden Visa budget, look at other parts of Greece. All the rules: Golden Visa in Greece.
Tourist rentals in Corfu
Demand for holiday lets is strong near popular beaches and on the west coast. The season is shorter than in Athens, mainly May to October, so calculate yield by season months rather than a full year. Short-term letting in Greece requires registration and tax reporting.
Steps before buying
- Greek tax number and bank account: AFM and bank account.
- A lawyer to check title, building permits and debts.
- If you need financing: mortgage in Greece.
- The full guide: buying property in Greece for Israelis.
FAQ
How much does a flat cost in Corfu? In the Ionian Islands the average asking price was about €2,531/m² in Q2 2026. Corfu town and the north-east are much higher; inland villages lower.
How much must I invest in Corfu for a Golden Visa? €800,000, as Corfu is an island with more than 3,100 inhabitants.
What are the costs of buying property in Corfu? 3.09% transfer tax, about 2.5% notary and registry, and 1–2% plus VAT for a lawyer. A higher transfer tax for non-EU buyers is expected from 2027.
Where is most expensive in Corfu? The north-east, around Nissaki and Kassiopi, and the historic centre of Corfu town.
Want personal guidance?
S.F. Properties helps Israelis buy, rent out and manage property in Greece: from the search, through the lawyer and notary, to the keys and day-to-day management.
Talk to a property adviser
