€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Lumbarda · Southern Dalmatia · Croatia
Building land 1171 m2 near Bilin Žal beach, Lumbarda, island of Korčula
For sale · Land · Reference IB-12061
€350,000
Key facts
- Price
- €350,000
- Plot area
- 1,171 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 land 1171 m2 near Bilin Žal beach, Lumbarda, island of Korčula For sale is an attractive land of 1171 m2 located in Lumbarda, in one of the most desirable locations on the island of Korčula. The larger part of the land is designated for construction, while a smaller part is agricultural, providing numerous development opportunities. The land is situated in close proximity to the famous sandy beach Bilin Žal, which is only a two-minute walk away, making it extremely attractive for the construction of houses or tourist facilities. The land has direct access to the road and complete infrastructure, facilitating future construction. Given its proximity to the sea and exceptionally favorable location, there is a possibility of building a property with multiple residential units, representing an excellent investment opportunity in the tourism sector or the creation of a family home. Additionally, the sea view and surrounding islands create a peaceful and relaxing ambiance, ideal for enjoying nature and all the beauties of coastal living. Lumbarda is a charming settlement located on the eastern part of the island of Korčula, known for its vineyards, olive groves, and authentic Mediterranean atmosphere. The place is ideal for nature lovers, the sea, and history, and its uniqueness is enhanced by the proximity to cultural and historical landmarks. The town of Korčula, just 5 km away, offers a rich cultural life, historical sites, restaurants, shops, and all necessary services. With a large number of cultural and entertainment events, Korčula is a perfect blend of old and new, ideal for those who want to enjoy life on the island.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
