Unique Heritage Property with Traditional Olive Mill in Magoulades, North Corfu

Description

A rare opportunity to acquire a distinctive heritage property in the heart of North ΅West Corfu, combining residential accommodation, historical significance, and exceptional investment potential.
Located on the main road of the traditional village of Magoulades, this property extends over approximately 630 sq.m. and includes a two-storey house of 86 sq.m. together with a remarkable traditional olive mill building of 175 sq.m.
The residence comprises two bedrooms, a ground-floor kitchen, and additional living spaces. While the property requires renovation, it offers an excellent opportunity to create a charming private residence, holiday home, or boutique accommodation in one of Corfu’s most authentic village settings.
The true highlight of the property is the historic olive mill, which retains its original machinery and equipment. Such properties are becoming increasingly rare, making this a unique investment opportunity for those seeking to preserve and repurpose an important piece of Corfiot history.
The olive mill building offers outstanding potential for transformation into , an Olive Oil Museum or Heritage Center , a cultural or exhibition venue , a visitor attraction focused on traditional olive oil production , an art gallery or creative space or a boutique hospitality or tourism project
Its authentic character and preserved industrial heritage provide a strong foundation for a distinctive tourism or cultural investment that could attract visitors interested in the history, traditions, and agricultural heritage of Corfu.
The property enjoys a strategic location with easy access to some of the island’s most popular destinations , approximately 4 km from Arillas Beach , approximately 5.5 km from Sidari Beach and approximately 36 km from Corfu Town, Corfu International Airport, and the island’s main port
Nearby amenities include supermarkets, restaurants, cafés, bars, pharmacies, schools and a wide range of tourist facilities, making the property suitable for both residential and commercial development.
This is a truly unique opportunity to invest in a property with character, history, and significant future potential in one of Corfu’s most sought-after and authentic regions.