INDEPENDENT LOCAL PROPERTY RESEARCH IONIAN ISLANDS

Corfu property prices.
What the numbers actually tell you.

Corfu’s historic town, northern coastal villages and southern inland districts should not be treated as one housing market. Heritage status and services also differ by exact address.

Research last updated: . Price observations use the months stated below.

MARKET SNAPSHOT / DISTINCT EVIDENCE TYPES

The numbers, without false precision.

Advertised asking priceNot shown

Island-only asking aggregate not reliably comparable

Asking-price annual changeNot shown

No clean island-wide figure published

Bank valuation index+5.5%

Greece, Q2 2026 · wider index, not local transfer prices

Recorded apartment rights / 31 months€1,431/m²

Jan 2024–Jul 2026 · N=128 eligible 100%-ownership rows · Corfu geographic sample

Market figures are indicative, independently compiled and subject to data limitations. They are not official valuations. See Important Information & Disclaimer below.

Geographic boundary: Corfu island; exclude Paxos and smaller offshore islets from an island-only headline. No unqualified island-wide asking average is presented.

THE BUYER'S QUESTION

Is the property in the heritage-controlled Old Town, an ordinary urban neighbourhood or a rural/coastal settlement?

The widely published ‘Corfu’ asking aggregate uses an older coverage definition that can include offshore islets. We therefore do not publish it as a clean Corfu-island price. Individual zone snapshots are shown with explicit limits.

The historic Old Town is UNESCO-listed, but heritage status does not automatically apply to every property on the island.

A market portal’s older ‘Corfu’ aggregate automatically describes Corfu island alone.

MICRO-AREA COMPARISON

Corfu is not one market.

Neighbourhood figures below are advertised asking indicators only, not completed sales. Each location may contain a different mix of property types and conditions.

Corfu town

€3,382/m²
Asking · August 2026

Historic and modern housing overlap; any protected-building restrictions must be checked by address.

Kassiopi

€4,714/m²
Asking · August 2026

A higher asking-price coastal zone; avoid treating its villas as equivalent to town apartments.

Korissioi

€1,692/m²
Asking · August 2026

A different rural/southern listing mix; the difference is not a measure of relative value without matching property types.

Different local series must not be averaged together into a market-wide figure. Figures are unadjusted for property type, condition, size and legal status.

LOCAL PURCHASE CONTEXT

What changes depending on where you buy.

01

Old Town

Protected urban fabric can affect alterations, façade work and approvals. Check whether a specific asset lies in a protected zone.

02

North and eastern coast

Evaluate access, practical year-round services and actual ownership of outdoor/ancillary spaces.

03

South and rural settings

Verify utilities, wastewater arrangements, road status and any protected landscapes before relying on seasonal use assumptions.

SCREENED TRANSFER RIGHTS

What does the historic transfer register show?

January 2024–July 2026: 128 eligible apartment-right rows, median €1,431/m².

Middle 50% of the sample: €819–€2,436/m². These figures use reported consideration for a 100% full-ownership apartment right divided by its primary living area, excluding unfinished buildings and non-residential records.

Geographic scope: Corfu geographic sample. These historical records are not a matched sample of today's advertised properties.

Aug 2024–Jul 2025: N=48, median €1,077/m². Aug 2025–Jul 2026: N=34, median €1,530/m².

12-versus-12-month comparison: Not shown as a local price trend. At least one 12-month window has fewer than 50 qualifying apartment-right rows.

Important limits: N is a count of eligible rights-record rows, NOT verified unique notarised contracts. Only 31 months were available, not 36. Reporting delays, area coverage, declared consideration and a changing property mix limit interpretation. These are not quality-adjusted indices, individual property valuations or asking-to-sale discounts.

Why asking and transaction prices differ →
BEFORE YOU COMMIT TO A PROPERTY

Four checks that deserve a local specialist.

  1. 01

    Check the cadastral identity and boundaries of the precise property; do not use an archipelago-wide average.

  2. 02

    Where relevant, obtain heritage and archaeological permissions advice before assuming renovations are permitted.

  3. 03

    Have an engineer verify permit history, land-use, structural condition and additions.

  4. 04

    Confirm lawful access and year-round water/wastewater arrangements, especially outside Corfu town.

These are prompts for individual legal and technical due diligence, not findings about any particular home. A lawyer and engineer should verify them for the actual property.

METHODOLOGY & BOUNDARIES

Different figures answer different questions.

Asking-price indicator

What sellers advertise in the named area and reference month. It is not a negotiated or notarised sale price. Sample size and composition may not be disclosed.

Bank-appraisal index

National bank-appraisal context only; no island-specific price index verified. Not an index of registered transfers for Corfu.

Recorded transfer observations

Screened 31-month apartment-right records show N and historic median separately from asking prices. Selected 12-month comparisons are unadjusted sample median differences, not a property-appreciation index. They are withheld when geography is mismatched or a period has fewer than 50 rows.

How our evidence categories work →
COMMON BUYER QUESTIONS

Questions worth asking before you buy.

Why is there no Corfu-wide asking price above?

The available geographic aggregate may include offshore islets. Until it is reconciled to the island-only boundary, presenting it as an island price would be misleading.

Are all Corfu homes in a UNESCO protection area?

No. The World Heritage designation relates to the Old Town; individual parcel restrictions must be verified separately.

Does a high coastal asking price predict resale value?

No. Comparable completed transfers, property rights, condition, accessibility and market depth must be assessed independently.

Important Information & Disclaimer

The market data, figures, trends and commentary presented on this page are independently compiled for general informational purposes only. They may be based on third-party information, historical records, market observations and our own calculations.

While reasonable care is taken in preparing this information, data may be incomplete, delayed, inaccurate or affected by differences in reporting methods, geographic coverage and sample sizes. The figures shown are not officially certified market statistics, property valuations or guarantees of current or future prices.

This content does not constitute financial, investment, legal, tax, engineering or professional property advice. Readers are responsible for independently verifying information relevant to a particular property or transaction and should consult appropriately qualified local professionals before making a purchase or investment decision.

This website is an independent information service and is not affiliated with, endorsed by or acting on behalf of any Greek government authority.

FROM AREA TO ADDRESS

Considering one property in Corfu?

Use the area page for context. The next question is what the available evidence says about the actual address, title, building and asking price.

Check a property →
Corfu Property Prices & Buyer Research | The Greek Property Report