Property for sale in Kefalonia

The island

Kefalonia rebuilt itself after the 1953 earthquake, which is why so much of it is either Venetian stone that survived in the north or post-war villages elsewhere. It is big — an hour and a half from end to end — with Mount Ainos in the middle, pine forest, and a coastline that changes character every twenty minutes: the white cliffs of Myrtos, the sheltered bays of Agia Efimia and Sami on the east, the long beaches of the south. British buyers have long dominated the market, joined in recent years by Italians, Americans and French.

Where people buy

Fiskardo and Assos, at the northern tip, are the prestige addresses: Fiskardo's harbour survived the earthquake intact and is the yachting stop of the island; Assos is a village on an isthmus beneath a Venetian fortress. Supply there is structurally thin and much of it sells quietly. The south coast — Lassi and Svoronata near Argostoli, then Spartia, Trapezaki, Lourdata, and further east Katelios and Skala — is where most new villas with pools are built, close to the airport and the sandy beaches. Argostoli, the capital, offers town apartments and year-round services. Sami and Agia Efimia on the east coast serve the ferry to Ithaca and the Patras route and suit buyers who want a working village rather than a resort. Lixouri and the Paliki peninsula across the gulf are the quiet, affordable side of the island.

Prices in 2026

Portal averages in mid-2026 put Kefalonia at roughly €2,600 per square metre, with the Lassi–Svoronata belt, the Skala–Katelios coast and the Fiskardo–Assos north all around €2,850–2,950, Argostoli around €2,650 and the Paliki peninsula below €2,000. Agency asking prices for premium stone houses and villas in Fiskardo, Assos and Lassi run at €3,200–5,000 per square metre. As indicative bands: a stone villa in Fiskardo or Assos €0.9–3 million; a new villa with pool near Lassi €0.7–1.8 million; a new villa at Skala or Katelios €0.45–1.1 million; houses around Sami €0.35–0.9 million; village houses on the Paliki from €150,000; plots with permit €60,000–350,000. Renovating a stone house costs roughly €900–1,400 per square metre.

Getting there

Kefalonia airport (EFL), on the south coast near Argostoli, has direct summer flights from the United Kingdom above all, plus Germany, Italy, the Netherlands and other markets; winter connections run via Athens. Ferries link Sami with Ithaca and Patras, Poros with Kyllini on the Peloponnese, and Fiskardo with Lefkada.

Golden Visa

Kefalonia has around 36,000 inhabitants and is in the €800,000 zone for the Greek Golden Visa. Ithaca, twenty minutes away by ferry, is in the €400,000 zone.