Foreign Demand Fuels Corfu’s Luxury Property Market in 2025

 Foreign Demand Fuels Corfu’s Luxury Property Market in 2025



Overview

# Foreign Demand Fuels Corfu’s Luxury Property Market in 2025
The allure of Corfu as one of Greece’s top luxury real estate destinations shows no sign of slowing down. With its lush greenery, crystal-clear beaches, and timeless Venetian charm, the island continues to attract high-net-worth buyers from around the world who are willing to pay millions for a slice of Ionian paradise. This trend is significantly impacting the Corfu Real Estate market, as foreign demand continues to drive growth in the luxury sector.

## Overview
According to the latest market insights from Greek Exclusive Properties, interest from international investors has remained exceptionally strong in 2025. Wealthy buyers from Israel, the United States, the United Kingdom, and Australia are leading the trend, focusing on high-end villas and seafront plots. In contrast, agents report a sharp decline in middle-class domestic demand for smaller, more affordable homes under €250,000. This shift highlights the importance of understanding the Corfu Real Estate market, where luxury properties are in high demand.

## Luxury Market Outperforms Other Regions
Data from the agency’s semi-annual report places Corfu firmly at the top of Greece’s luxury real estate rankings. During the first half of 2025, 18% of all inquiries for high-end properties in Greece targeted Corfu, placing the island ahead of the Athens Riviera (9%), Mykonos (7.2%), and Paros (5.4%). This represents a consistent upward trajectory over the past two years. The Corfu Real Estate market is thriving, with foreign buyers driving demand for premium properties.

## Prices and Hotspots
Prices for luxury properties in Corfu vary widely depending on location, view, and architectural style. Seafront villas from Nissaki to Kassiopi remain the island’s most desirable, with asking prices ranging between €5 million and €10 million. Contemporary villas with private access to the sea or infinity pools overlooking the Ionian are especially sought after by foreign nationals. The Old Town of Corfu, a UNESCO World Heritage site, continues to attract steady demand despite its limited supply. Renovated townhouses and neoclassical mansions can command prices of €4,000–€5,000 per square meter, reflecting the scarcity of available listings in the Corfu Real Estate market.

## Who Is Buying
Foreign nationals account for over 70% of luxury transactions in Corfu. Israelis and Americans dominate the high-end segment, often purchasing through investment vehicles or family offices. Australian and Northern European buyers, especially from Germany, Sweden, and the UK, follow closely behind. Many buyers also take advantage of Greece’s Golden Visa program, which grants residency to non-EU investors purchasing property worth at least €250,000. For many, Corfu represents a lifestyle upgrade as much as a financial investment, making the Corfu Real Estate market an attractive option for those seeking a luxurious retreat.

## Middle Market Decline
While the luxury segment thrives, agents acknowledge a steep drop in transactions below €200,000. Rising renovation costs, higher lending rates, and limited financing options have discouraged domestic buyers. Properties in inland villages—once attractive for their affordability—now linger on the market for months. This decline in the middle market highlights the challenges faced by the Corfu Real Estate market, where foreign demand is driving growth in the luxury sector.

## Conclusion
The Corfu property market is now clearly divided between high-end luxury growth and low-to-mid-range stagnation. However, the island’s prestige remains unshaken. Analysts expect continued upward pressure on villa prices through 2026, particularly for homes with sea views or proximity to the coast. As the demand for luxury properties continues to drive the Corfu Real Estate market, it is essential to understand the trends and shifts in this sector to make informed investment decisions. With its unique charm and international appeal, Corfu is likely to remain a top destination for luxury property buyers, fueling the growth of the Corfu Real Estate market in the years to come.

Napoleontos Zerva, Glifada Athens

Athens, Santorini, Mykonos, Crete, Paros, Corfu, Naxos

+306975629519

info@greekexclusiveproperties.com


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