€115,000Bačva · Istria
Istra, Višnjan okolica- Građevinsko zemljište
1,016 m² plot
Lumbarda · Southern Dalmatia · Croatia
Building Land 507 m2 in the Peaceful Račišće Bay, Lumbarda
For sale · Land · Reference IB-12355
€167,000
Key facts
- Price
- €167,000
- Plot area
- 507 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
Building Land 507 m2 in the Peaceful Račišće Bay, Lumbarda A beautiful building plot of 507 m2 is situated in the quiet and picturesque Račišće Bay, in Lumbarda on the island of Korčula. The parcel is located close to the sea and has secured access road and full infrastructure up to the land itself, allowing for an easy and fast start of construction. It is currently maintained as a cultivated olive grove, offering an authentic Mediterranean atmosphere and additional value to the property. Future owners may continue cultivating part of the olive grove, while the other part offers the possibility to build a family home for private living or as an excellent investment opportunity. The land enjoys a sea view and is only a 15-minute easy walk from the center of Lumbarda, while the historic town of Korčula is approximately 5 km away. The peaceful location, proximity to the sea and nature, and authentic Dalmatian ambiance make this property highly attractive. Lumbarda is well known for its beautiful sandy beaches, premium wines, and relaxed lifestyle, while the island of Korčula offers rich history, cultural heritage, crystal-clear sea, and excellent connections to the mainland.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
