Ref: 11450

Corfu Town

370,000 €

A ready made, operational rental business in the centre of the old town of Corfu, these three studio-style apartments would be an ideal investment. Alternatively these can easily be converted into one large apartment.

3 Bedrooms 3 Bathrooms 3 Receptions 100 m2


Forming the larger part of the first storey of a traditional apartment block in the heritage old town, these three apartments have been cleverly and prettily renovated by stripping them back to the bare bones and starting from the beginning.

The work undertaken has included completely renewing the floor between these apartments and the ground floor with steel supports and insulation as well as the tiled floors.

The entrance hallway has also been renovated and re-designed so that the approach to the apartments is as attractive as the accommodation itself.

Each apartment has its own doorway from the first floor landing and each has a bedroom, bathroom and living/kitchen area. There are large windows bringing light and sunshine inside and many original features - stone walls, archways, etc. Pastel colours have been chosen to enhance these characteristics and a combination of old and new works very well together.

Just steps from the local cafes, shops and tavernas, these apartments are nonetheless very peacefully located one street behind the pedestrian shopping area.

There is a website advertising the apartments and a good booking history, so that the new buyer would be able to begin making an income immediately which currently stands in the region of 10% gross.

There is also the option of converting the apartments into one larger apartment for personal use.

Floor Plans

(Click the floor plans to view larger versions)


Important Remarks

Please note that all the above information has been provided by the vendor in good faith, but will need verification by the purchaser's solicitor. Any areas, measurements or distances referred to are given as a guide only and are not precise. Floor plans are not drawn to scale and are provided as an indicative guide to help illustrate the general layout of the property only. The mention of any appliances and/or services in this description does not imply that they are in full and efficient working order and prospective purchasers should make their own investigations before finalising any agreement to purchase. It should not be assumed that any contents, furnishings or other items shown in photographs (which may have been taken with a wide angle lens) are included in the sale. Any reference to alterations to, or use of, any part of the property is not a statement that the necessary planning, building regulations, listed buildings or other consents have been obtained. We endeavour to make our details accurate and reliable, but they should not be relied on as statements or representations of fact and they do not constitute any part of an offer or contract. The seller does not give any warranty in relation to the property and we have no authority to do so on their behalf.