Commercial, Corfu, Agios Georgios

Apartment Complex for Rent in Agios Georgios South, Corfu

For Rent

An investment opportunity in Agios Georgios South, in southern Corfu, comprising an apartment complex with a total internal area of 166 m², set on a 1,537 m² plot and located approximately 500 metres from the beach.

Originally constructed in 1980, the property underwent renovation works starting in 2021, which have not yet been completed. The complex consists of four one-bedroom apartments and two two-bedroom apartments, offering the potential to create a multi-unit accommodation property in a popular coastal area.

The property is offered for rent in its current, unfinished condition. The incoming tenant will need to undertake and complete the remaining works before putting the apartments into use. These include electrical and plumbing installations, window and door frames, and external landscaping and configuration. The property is equipped with septic tanks.

Layout & Features

Total internal area: 166 m²
Plot size: 1,537 m²
Six independent apartments in total
Four one-bedroom apartments
Two two-bedroom apartments
Original construction dating to 1980
Renovation works commenced in 2021
Electrical and plumbing installations remain to be completed
Window and door frames to be installed
External areas require completion and landscaping
Septic tanks in place
Approximately 500 metres from the beach

The existing layout provides the basis for a multi-unit accommodation project, subject to the completion of the necessary works and verification of the property’s permitted use.

Location

Agios Georgios South is a coastal destination in southern Corfu, known for its long sandy beach and seasonal tourism. The property’s location, approximately 500 metres from the beach, offers convenient access to the seaside and the local amenities serving the area.

Property Highlights

Six separate residential units within one complex
166 m² of total internal area on a 1,537 m² plot
Potential to develop a holiday accommodation business
Suitable for an investor or operator prepared to complete the remaining works
Coastal location with seasonal rental potential
Opportunity to finish the property according to a business plan and target market

Path Solutions Insight

This property represents an opportunity for an investor seeking to develop a multi-unit accommodation business in southern Corfu. With six separate apartments, a 1,537 m² plot and a location approximately 500 metres from the beach, the complex offers potential for a rental operation once the outstanding works have been completed.

Rather than a ready-to-operate accommodation business, this is a completion project requiring further investment in installations, window and door frames, and external works. The prospective tenant should assess the cost of completing the property, the relevant permissions and the expected rental performance before proceeding.

For an investor or hospitality operator willing to undertake the necessary work, the property offers the opportunity to complete and prepare the apartments for their intended use, subject to the applicable planning, building and operating requirements.

Property Guide

What is the total size of the property?
The apartment complex has a total internal area of 166 m² and is situated on a 1,537 m² plot.

How many apartments does the complex include?
The property comprises six apartments: four one-bedroom units and two two-bedroom units.

Is the apartment complex ready for use?
No. Renovation works remain incomplete. Electrical and plumbing installations, window and door frames, and external works must be completed before the apartments can be used.

What makes this property an investment opportunity?
The six-apartment configuration, spacious plot and proximity to the beach offer the potential to establish a multi-unit rental operation. The investment involves completing the property and assessing the costs, permissions and commercial viability of the intended use.