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Location Adjacent to the Kassiopi peninsula, Island of Corfu. Sea-front property situated c. 38 km north of the city of Corfu and its International Airport. The total number of foreign visitors to the Island exceeds 700,000 on an annual basis according to the Hellenic Chamber of Hotels. The majority of visitors are British, followed by Germans and Russians. The average tourism period is 5 months (May – September), the peak tourist season being July-August, while Greek Orthodox Easter is also considered a peak season given the traditional festivities taking place in the island. |
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Size The surface of the property is c. 490,000 sq.m, (120.83 acres), more than half of its area covered by a private woodland including a small natural lake. The exploitable area is approximately 178,000 sq.m. (44.06 acres). The coastline frontage of the property is approximately 725m. |
The property enjoys great natural beauty, located on a largely undeveloped part of the island of Corfu. Considering the site’s location in close proximity to very exclusive properties such as the Rothschild Estate, its development potential and thus implied value could be extremely high. The property is offered for exclusive use as well as for development of an upscale residential complex, focusing on vacation villas and hotel / leisure facilities. The Hellenic Republic intends to proceed with all required actions promoting the exploitation and development of the land.
