Property Prices in Corfu, Greece

Index Info
Price to Income Ratio: 16.98
Mortgage as Percentage of Income: 126.72%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 26.74
Price to Rent Ratio - Outside of Centre: 30.43
Gross Rental Yield (City Centre): 3.74%
Gross Rental Yield (Outside of Centre): 3.29%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 545.00 € 500.00-585.00
Apartment (1 bedroom) Outside of Centre 420.00 € 400.00-500.00
Apartment (3 bedrooms) in City Centre 857.50 € 750.00-1,100.00
Apartment (3 bedrooms) Outside of Centre 582.19 € 410.93-850.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 278.71 € 232.26-325.16
Price per Square Feet to Buy Apartment Outside of Centre 232.26 € 232.26-232.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 809.75 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.30 4.00-4.30

These data are based on 38 entries in the past 18 months from 7 different contributors.
Last update: November 2024

Sources and References
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1 Comments so far
Marcia Ramsey on Dec 08, 2024:
I'm thinking of moving to Corfu for 7-8 months of the year as my permanent home. I could buy a property and have a comfortable monthly income. How would I begin this process? At what time would I be allowed to buy a property in this process?