Immobalko

Korčula · Southern Dalmatia · Croatia

Exceptional Opportunity – House in the Heart of Korčula – Authenticity, Tranquility, and Potential

For sale · House · Reference IB-13978

€310,000

Key facts

Price
€310,000
Price per m²
€2,348/m²
Living area
132 m²
Plot area
140 m²
Rooms
3
Year built
1900
Distance to airport
52 km
46% below the regional average (Region average: €4,386/m²)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

Exceptional Opportunity – House in the Heart of Korčula – Authenticity, Tranquility, and Potential This house, located in the center of the town of Korčula, offers a unique opportunity as a family home or an investment property. While it is move-in ready, the house offers great potential for renovation and customization to suit your preferences. Situated in the very heart of the town, close to all amenities, restaurants, shops, and cultural landmarks, it allows you to enjoy an urban atmosphere while also providing a peaceful and quiet space, free from traffic and noise. Although the house is not accessible by car, this adds to the charm of the old town, preserving its authenticity and intimate character. The house is spread over several floors. On the ground floor, there is a kitchen, hallway, and bathroom. The first floor offers two bedrooms and an additional bathroom, while the attic has been converted to include another bedroom with a private bathroom – ideal for added privacy. While the house is fully functional, it requires minor renovation to meet modern living standards, opening up possibilities for further investment and personalization. This property is perfect for a family looking to live in the center of town, as well as for anyone interested in investing in a highly attractive location with many opportunities. The town of Korčula, with its rich history, enchants with its medieval streets, cultural heritage, and Mediterranean charm. The island of Korčula is renowned for its crystal-clear sea, unspoiled nature, and numerous opportunities for recreation and relaxation. Life on the island offers the perfect balance of peace, safety, and an authentic Mediterranean lifestyle.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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