Four-House Residential Package for Sale in Potamos, Corfu – ID 2311761

Chase Real Estate is pleased to present this substantial residential property package for sale in Potamos, Corfu, comprising three fully completed houses and one unfinished structure offered together as a single combined acquisition. With three finished houses of 106m² each, all built in 2010 on individual 400m² plots with 67m² basements, and one unfinished house on a 450m² plot with 80m² of potential living space, the package provides a total of nine finished bedrooms, six finished bathrooms, and three further bedrooms and two bathrooms in the unfinished unit once completed. At €880,000 for the entire package, this is a multi-unit residential acquisition of genuine scale and commercial flexibility in a well-connected area of central Corfu. The Finished Houses The three completed houses were built in 2010 to a practical and well-organised specification, each offering 106m² of main living space and a 67m² basement on a 400m² individual plot. The combined finished floor area across the three houses amounts to 318m² of principal living space plus 201m² of basement, giving the package a total finished built area of 519m² across three independent and fully completed units. Each house sits on its own clearly defined 400m² plot, providing outdoor space, separation, and the individual identity that makes each unit suitable for independent occupation, individual letting, or individual resale without reference to the rest of the package. Three bedrooms and two bathrooms per house is the standard configuration across the finished units, giving each one a practical and commercially versatile residential specification that works for small families, couples seeking additional space, and holiday rental guests looking for a self-contained and well-proportioned accommodation. The basements of 67m² each add a further layer of usable space that can serve as storage, a utility level, additional accommodation, or a recreational space depending on how each house is managed and used, and they extend the practical capacity of each unit meaningfully beyond its principal floor area. All three houses are fully completed with no pending construction works, confirming that they are ready for immediate occupation, rental, or resale from the moment of acquisition without any preliminary preparation or investment from a new owner. The Unfinished House The fourth property on its 450m² plot was also constructed in 2010 and represents a development opportunity that complements the three finished houses and adds a further dimension to the overall package. The unfinished structure allows for approximately 80m² of internal living space across a planned layout of three bedrooms and two bathrooms, which when completed would bring the total package to twelve bedrooms and eight bathrooms across four independent properties. Legalisation of the unfinished house can be completed if the buyer wishes at an additional cost, providing the flexibility to proceed with the completion and legalisation programme at whatever pace and budget suits the buyer's intentions, or to acquire the package at the current price with the development option available but not obligatory. The Investment Structure The commercial architecture of this package is one of its most significant practical advantages. Four independent houses on four separate plots, each with its own defined outdoor space, can be managed, let, and disposed of entirely independently of each other, giving a buyer the flexibility to implement whichever investment strategy best suits their objectives. The three finished houses can generate rental income immediately while the fourth is being completed and legalised. Alternatively, the four properties can be let simultaneously as a combined estate for a large group, or sold individually over time to realise the uplift between the combined package acquisition price and the individual market values of four renovated and well-located Corfu houses. The entry cost of €880,000 across four houses, including basements, on four individual plots equates to a per-unit cost of €220,000 for the finished houses, a price that reflects the combined package discount and the development status of the fourth unit. The Location Potamos is a quiet and well-connected area of Corfu, offering the practical accessibility and residential calm of a traditional Corfiot inland setting within reasonable reach of the east coast beaches, amenities, and the broader infrastructure of central Corfu. The location provides the combination of affordability, accessibility, and authentic Corfiot character that makes central Corfu residential areas increasingly appealing to buyers seeking value and practicality alongside the natural beauty and lifestyle quality that the island offers. Investment Potential Three completed and immediately operational houses plus a fourth with development potential, totalling up to twelve bedrooms across four independent properties on four separate plots in central Corfu, offered as a combined package at €880,000, represents a residential investment acquisition of genuine scale and flexibility. For rental investors, the four independent units support four simultaneous income streams throughout the season. For development buyers, the completion and legalisation of the fourth house and the renovation or enhancement of the three finished houses creates a clear pathway to a materially higher combined asset value than the acquisition price reflects. For buyers seeking a multi-generational family holding or a combined family and guest accommodation estate, the package provides the space, separation, and individual plot integrity that such an arrangement requires.

12 bedroom house

Corfu, Ionian Islands, Greece

Location