Immobalko

Lumbarda · Southern Dalmatia · Croatia

Building and agricultural land in Lumbarda, 551 m2

For sale · Land · Reference IB-12003

€148,770

Key facts

Price
€148,770
Plot area
551 m²
Distance to airport
57 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 and agricultural land in Lumbarda, 551 m2 The land area of 551 m2 is located on the eastern tip of the island of Korčula, in the idyllic Lumbarda. This land offers a perfect combination of building possibilities and agricultural activities. It is situated only about 280 meters from the Adriatic Sea. Additionally, the land is ideally positioned for the construction of a built structure, with both side boundaries located right on the property line. All necessary infrastructure is in close proximity, while access roads are secured, facilitating all necessary processes. The neighborhood is extremely quiet, providing peace and privacy. Nearby is the most famous beach Pržina, as well as the main church located just 50 meters away, while other beaches and the town center are only a ten-minute pleasant walk away. The ownership is clear and free of encumbrances. Lumbarda is a place with a rich tourist tradition and tourist identity. The tourist attractiveness of Lumbarda is built on the synergy of culture with tourism, as well as being a center for various selective programs; nautical tourism and marinas, hotel apartments, campsites, and tourist resorts, beautiful zones and bathing areas, promenades, excursions, and other tourist events. The attractiveness of the tourist offer is enhanced by its proximity to the towns of Korčula and Dubrovnik, as well as the national park Mljet. Wine lovers and connoisseurs come from afar to taste Grk, a white wine produced from the indigenous grape variety of the same name.

Location

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

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