Hotel in Insel Korfu, Griechenland, 339 m²

Beautiful and successful yoga bed and breakfast in a centuries old, nicely renovated house in Magoulades. This is an opportunity to buy a flourishing business and a unique property.

The house has been built organically over many years. It consists of a main building with four bedrooms upstairs, two of them ensuite and two sharing a bathroom, and downstairs a large communal kitchen and two self-contained apartments with kitchen and bathroom. There is a separate building with two rooms of 20 sqm each, requiring renovation. There is also the old olive press of 81 sqm which is now being used as an open air yoga shala, but which could be roofed and turned into additional accommodation. The house has a front and a back garden, lemon and orange trees, a large cistern to collect rainwater and a storage space/workshop.

The house was partly renovated 20 years ago. In 2018 it was bought by the current owners who continued the renovation and turned it into a yoga retreat the moment the main house is in an excellent condition, as you can see in the photos, but there is still room for expansion in the two 20sqm rooms if needed. The business has been running very well and financial data is available for interested buyers. The house is situated in Magoulades, a quiet little village 3km from the beaches of Arillas and Agios Stefanos.

If you are looking for a property with character, uniquely renovated and ready to start organising your own or other people's retreat, you have to contact us for a viewing!