€280,000Rovinj · Istria
Istra, Rovinj- Namješten jednosoban stan
56 m² · 1.5 rooms
Lumbarda · Southern Dalmatia · Croatia
At the beginning of Lumbarda, there is a building plot of 791 m2, in a regular square shape with…
For sale · Land · Reference IB-12314
€197,750
Key facts
- Price
- €197,750
- Plot area
- 791 m²
- Distance to airport
- 56 km
Online for 11 days
Investment overview
Southern Dalmatia currently has 2 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.
What we deliberately do not calculate
- Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
- Occupancy and seasonality. That would need booking data, which we do not collect.
- Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
- Net yield. It depends on closing costs, tax rate and financing of the individual buyer.
These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.
Description
At the beginning of Lumbarda, there is a building plot of 791 m2, in a regular square shape with direct access to the public road. Thanks to its regular shape and excellent location, the parcel allows for easy planning and construction of various residential or tourist projects. According to the valid spatial plan, a building density of 40% is permitted, construction of three above-ground floors, and a total above-ground gross developed area of up to 1,187 m2. In the case of constructing a residential building, the number of residential units is not limited, making this property an excellent opportunity for investors. Lumbarda is a quiet and attractive place on the island of Korčula, located only about 5 km from the town of Korčula, thus providing an excellent combination of privacy and proximity to all essential amenities. It is known for its beautiful beaches, crystal-clear sea, vineyards, and authentic Mediterranean atmosphere that attracts numerous domestic and foreign visitors throughout the year. Thanks to the quality of life, safe environment, and natural beauty, Lumbarda is ideal for building a family home, but also an excellent location for a villa or apartments for tourist rental with great investment potential. The island of Korčula is one of the most desirable Croatian islands for living and vacationing, known for its rich cultural heritage, unspoiled nature, and exceptional quality of life.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
