€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Lumbarda · Southern Dalmatia · Croatia
Two-Level Apartment with Bay View – Lumbarda, Korčula
For sale · Apartment · Reference IB-13000
€479,900
Key facts
- Price
- €479,900
- Price per m²
- €3,779/m²
- Living area
- 127 m²
- Rooms
- 2
- Year built
- 2000
- Floor
- 1
- Distance to airport
- 56 km
15% below the regional average (Region average: €4,431/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
Two-Level Apartment with Bay View – Lumbarda, Korčula In a peaceful and attractive location in Lumbarda on the island of Korčula, a two-level residential property is offered for sale, situated in a smaller semi-detached building with an open view of the sea and the bay. The well-known sandy beaches of Pržina and Bilin Žal are approximately 3 km away, while the town center can be reached by a pleasant seaside walk of about fifteen minutes. The town of Korčula is located around 5 km away. The living area comprises approximately 127 m², arranged over two floors with a gallery, while the property also includes a garden and courtyard of about 90 m², as well as a parking space in front of the building. The south-facing orientation ensures plenty of natural light, and the balcony offers a beautiful open view of the sea. The property has been thoroughly renovated in recent years, including new interior works, installations, flooring, joinery and air-conditioning systems, with particular attention given to roof insulation for comfortable living during the summer months. Each floor is equipped with an air-conditioning unit, and installations are also provided in the bedrooms and the outdoor courtyard area. The lower level consists of a living room with kitchen, a bedroom with en-suite bathroom, an additional guest toilet and a balcony. The upper level features a living area with kitchen, a bedroom, a bathroom, a storage room and a gallery suitable for an additional bedroom or a multipurpose space. The property is move-in ready and fully functional, while certain areas are left in a final finishing stage, allowing the future owner to complete them according to personal preferences. Lumbarda is known for its sandy beaches, vineyards and relaxed Mediterranean atmosphere, as well as the indigenous Grk wine and numerous restaurants and seaside promenades. The island of Korčula stands out for its natural beauty, crystal-clear sea and rich history, while the town of Korčula enchants with its old town core and vibrant cultural scene.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
