Corfu Real Estate ...

Should I rent or buy an apartment in Corfu, Greece?


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Corfu Real Estate Calculator
Finding a Home In Corfu If you plan to rent or buy a property in Corfu, finding your property will be a major step in your relocation to Corfu. If you have not lived in Corfu, you should rent rather than buy your property in Corfu, at least for six months. If you would like to rent or buy a real-estate property in Corfu you may email us at webmaster@greece-travel-guide.de with your real-estate questions. It is the best way to know not only if Corfu is the place you want to live or retire for the next few years, but also if Corfu is suited for you. Apartments & Houses in Corfu If you are planning on living in Corfu, it is likely that you will be living in an apartment/condo versus a house. Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning. Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Corfu to point out the negatives of a place they’re trying to rent or sell you. Corfu Agencies Real-estate agencies in Corfu advertise in local Corfu newspapers and as well on their office windows. You should be able to notice a real estate agency in Corfu by the window full of ads for the different apartments or houses they have available for rent or sell in Corfu. Before you begin working with an agency in Corfu, check that their fees are acceptable and that they are a member of the Corfu Real-estate Assocation. In most rental agreements in Corfu most agencies charge a month’s rent for a twelve-month rental agreement. When selling a property in Corfu, real-estate agents in Corfu usually charge between 2.5% and 3% of the final sales price.
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Total estimated cost of renting a property in Corfu:	€
Total estimated cost of buying a property in Corfu:	€


After coming to an agreement on a rental or purchase, both parties in Corfu sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Corfu with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Corfu will be affixed to the agreement. Renting Real estate agencies in Corfu are the safest way if you want to rent or buy a property in Corfu. Please make sure they are a licensed agent in Corfu and very familiar with the Corfu property market. Local newspapers in Corfu also advertise apartments and houses for rent, but word of mouth is the best way in Corfu. If you are currently an academic in Corfu, you could check local at local universities in Corfu, where apartments or rooms for rent are commonly posted. In general rental rates in Corfu, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Corfu. You can find yearly leases in Corfu, and more short-term housing is available near academic institutes or around tourism areas within Corfu. Short-term tourist housing in Corfu is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Corfu. If you want to buy a property in Corfu, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Corfu to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Corfu. If you are buying a brand new property, you’ll need to pay property tax in Corfu. If your purchase is a luxury property, you may have to pay local taxes in Corfu and possible stamp duty. Even as a non-resident homeowner in Corfu, you may become liable for all kind of taxes in Corfu, including income tax. Corfu Mortgages If you plan to take a mortgage in Corfu you need at least a 20% downpayment of the purchase price of the property in Corfu. Even if you generate rental-income from renting your Corfu property out, it is not considered by most lenders as you may decide to move in, at a later time. The Corfu Real Estate calculator will help you to compare the costs of renting a house or condo in Corfu to the costs of buying a house or condo in Corfu. Since there are all kinds of forces at work behind the scenes such as the current interest in Corfu, Corfu property taxes, tax savings, appreciation in general to investments in Corfu, comparing the cost of renting to the cost of buying in Corfu is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment. The Corfu Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Corfu. Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description. NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields. Property Types in Corfu Corfu Multi-Family Traditional, multi-family residential complexes located in Corfu and suburban markets of Corfu. Corfu Mixed-Use Properties in Corfu that integrate and combine residential with different uses, including retail and office spaces. Corfu Office Traditional office or office type properties in Corfu. Corfu Retail Properties in Corfu with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Corfu. Corfu Light Industrial Single- or multi-tenanted spaces in Corfu used for warehouse, manufacturing, distribution, or research and development in Corfu. Halkidiki Real Estate - Athens Real Estate - Heraklion Real Estate - Paros Real Estate - Santorinin Real Estate - Crete Real Estate - Rhodes Real Estate - Thessaloniki Real Estate - Corfu Real Estate - Mykonos Real Estate - Iraklion Real Estate

Corfu Real Estate Calculator