Apartments for Sale in Corfu, Greece

20 Self Catering Studio Apartments

An opportunity to acquire a detached freehold property presently comprising 20 self Catering/contained studio apartments. The property is situated in a quiet area, with-in 5 minutes walking distance of the centre and local attractions. - Beach, Harbour/marina, restaurants and shops.

The property has a great potential for development and it is a great investment opportunity with a number of options to achieve an excellent return.
I.e. a) Convert the property to 2&3 bedroom apartments with a view to sell them individually as holiday homes, b) Run, rent or sell the ground floor Bar/Restaurant, Potential to built further apartments on a third floor, (presently terrace), potential to build swimming pool/ Pool/Bar, rent/lease to various tour operators or rent the apartments privately in a number of ways i.e. Various contacts, friends, Internet, etc.-

The premises comprise of ground plus 2 floors with potential to develop a further storey, sourounding land and car park spaces.