Apartment, Corfu, Corfu town

Apartment for Sale in Corfu Town – Prime Investment Opportunity Behind Liston

For Sale

A first-floor apartment of approximately 40 m², located in the very heart of Corfu Town, just behind the iconic Liston and within the historic Old Town. Requiring renovation, the property represents an attractive investment opportunity for buyers looking to create a well-positioned short-term rental apartment in one of the most sought-after locations in Corfu.

Its compact size, first-floor position and exceptional central location make it particularly suitable for conversion into a stylish city apartment designed for the tourist rental market. With the right renovation and interior design approach, the property could become a highly appealing accommodation option for visitors looking to experience Corfu Town on foot.

Layout & Features

Approximately 40 m²
First-floor apartment
Requires renovation
Located in the historic centre of Corfu Town
Just behind the Liston
Suitable for creating a modern short-term rental apartment
Excellent potential for a well-designed city accommodation concept

The existing property offers a blank canvas for renovation, allowing a new owner to rethink the interior layout and create a functional and attractive apartment tailored to the needs of the holiday rental market.

Location

The property is situated in one of the most central and recognisable parts of Corfu Town, just behind the Liston and within walking distance of Spianada Square, the Old Fortress, Saint Spyridon, the traditional kantounia, restaurants, cafés, shops and the seafront.

Corfu’s Old Town is a UNESCO World Heritage Site, with its distinctive historic urban fabric and architecture forming one of the island’s principal attractions.

The location is particularly relevant from an investment perspective: visitors staying here can explore the historic centre almost entirely on foot, while the immediate surroundings provide the restaurants, cafés, attractions and atmosphere that are central to the Corfu Town visitor experience.

Property Highlights

Prime location in the heart of Corfu Town
Just behind the iconic Liston
First-floor position
Approximately 40 m²
Renovation opportunity
Strong potential for short-term rental use
Ideal size for a stylish city apartment
Located within Corfu’s UNESCO-listed Old Town
Excellent access to the town’s main attractions and amenities
Attractive option for investors seeking a property with tourism-oriented potential

Path Solutions Insight

The main value of this property lies in its location and the opportunity to reposition it through renovation.

A 40 m² apartment immediately behind the Liston offers the potential to create a compact, purpose-designed accommodation unit rather than simply renovate the property as a conventional residence. The strongest investment proposition would be to develop a well-designed apartment that combines efficient use of space with the character and convenience of Corfu Old Town.

For an investor, the attraction is therefore not the existing condition of the property, but the possibility of acquiring a relatively small asset in an exceptionally central location and adding value through renovation, design and appropriate rental positioning. Existing short-term rental accommodation in Corfu Old Town demonstrates the established demand for centrally located tourist apartments.

Property Guide

Can this apartment be used as a short-term rental?
Its location and size make it well suited to a short-term rental concept. The exact permitted use and any requirements for tourist exploitation should be confirmed during the due diligence and renovation planning process.

What makes the location attractive for investment?
The apartment is positioned immediately behind the Liston, placing it within the historic centre and close to Corfu Town’s principal attractions, restaurants, cafés and pedestrian areas. The Old Town’s UNESCO status and limited historic building stock further contribute to the area’s distinctive character.

Is the renovation an advantage for an investor?
Potentially. Rather than paying a premium for an already renovated apartment, a buyer has the opportunity to redesign the 40 m² space according to the requirements of the intended rental market, subject to the applicable technical and legal requirements.