Foreign Demand Fuels Corfu’s Luxury Property Market in 2025

CORFU. Corfu continues to stand out among the Greek islands for its thriving property market. With its lush greenery, crystal-clear beaches and Venetian architecture, the island attracts high-net-worth individuals eager to own a piece of Ionian paradise. Those searching for Corfu property for sale find a mix of beauty and investment value rarely seen elsewhere in Greece.

According to the latest market report from Greek Exclusive Properties, interest from foreign nationals remains exceptionally strong in 2025. Buyers from Israel, the USA, and Australia dominate the high-end segment, while interest from local middle-class buyers has weakened notably. Properties below €250,000 see far fewer inquiries than before.

“The Luxury demand in Corfu keeps growing,” says Kostas Taralas, CEO of Greek Exclusive Properties. “We are experiencing a steady rise in requests for homes above €1 million and a significant drop in interest for small renovation projects.”

Luxury Market Outperforms Other Regions

Market data confirm Corfu as Greece’s leader in premium homes. About 18 % of all high-end inquiries nationwide now target Corfu — surpassing the Athens Riviera, Mykonos and Properties in Corfu Paros. This shows a steady upward curve over the past two years.

While Mykonos remains iconic, Corfu appeals to buyers seeking authenticity and privacy along with year-round accessibility. > “Buyers now prioritize space, views, and nature,” adds Taralas. “Remote work and extended stays make environment and comfort Properties in Corfu key criteria.”

Prices and Hotspots

Prices for luxury villas in Corfu vary by location and amenities. Seafront villas between Nissaki and Kassiopi rank highest, ranging from €5–10 million. The Buy Villa in Corfu Old Town, a UNESCO site, commands €4,000–€5,000 per m² for renovated residences. Meanwhile, plots in Paleokastritsa, Paramonas and Halikounas average €100,000–€120,000 per stremma, with prime five-stremma coastal plots around €500,000.

Who Is Buying

Foreign nationals drive over 70 % of transactions. Americans and Europeans lead the market, often through family offices or investment funds. Northern Europeans from Germany, Sweden and the UK follow. Many leverage the Golden Visa Program, securing Greek residency via property purchases of €250,000 or more.

For these buyers, Corfu offers both Luxury Properties Corfu lifestyle and returns — a strategic base with international flights, British-influenced heritage, and strong tourism income potential. Their focus remains on modern villas with sea views and rental capability.

Middle Market Decline

Conversely, properties under €200,000 see a sharp drop in interest. Higher loan rates and rising renovation costs discourage local buyers. Village homes once snapped up for €50,000–€150,000 now stay listed for months. > “We see 50–60 % less demand in the low segment,” notes Taralas. “Foreign capital is sustaining the market while Greek demand stagnates.”

Two-Speed Market & Outlook

Corfu’s property scene has split into two distinct segments — rapid growth in luxury and slow movement below mid-range. Yet the island’s status as a premium destination is undiminished. Analysts forecast continued price growth through 2026, particularly for sea-view homes and waterfront plots.

As Taralas concludes, “Corfu remains Greece’s crown jewel for luxury real estate. Demand for high-end villas has never been stronger, and the island’s reputation guarantees long-term appeal.”

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