Immobalko

Korčula · Southern Dalmatia · Croatia

Building land of 437 m2 with conceptual project and building permit – Zavalatica Bay, Korčula

For sale · Land · Reference IB-11899

€140,000

Key facts

Price
€140,000
Plot area
437 m²
Distance to airport
46 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 of 437 m2 with conceptual project and building permit – Zavalatica Bay, Korčula In the peaceful and picturesque Zavalatica Bay, on the southern side of the island of Korčula, there is a building plot of 437 m2. The parcel is located in the second row from the sea, just 60 meters in a straight line away. Thanks to its position, the plot offers a beautiful panoramic view of the entire bay, the open sea, and the island of Lastovo. The land is situated in the developed part of the settlement and has residential purpose. Construction has already begun on the parcel, with a smaller structure – a closed garage – built. All necessary documentation for the existing structure has been obtained, and the land comes with a completed conceptual project for a family house, as well as a valid building permit for the continuation of construction. Access to the land is provided by an asphalt road that runs along the entire parcel, and all necessary utility infrastructure – water, electricity, and drainage – is already available. Due to its attractive location and proximity to the sea, the land has great potential for the construction of a property intended for tourist rental or a comfortable family holiday home. Zavalatica Bay is a quiet and attractive bay on the southern side of the island, known for its crystal-clear sea and natural beaches. Nearby are small pebble and rocky beaches ideal for relaxation and sunbathing. Just a few minutes' drive away is the village of Čara, known for its long winemaking tradition and top-quality white wine – pošip. Čara offers basic infrastructure such as shops, restaurants, and local amenities. The island of Korčula is one of the greenest Croatian islands, with a rich history and cultural heritage. The combination of natural beauty, clean sea, and authentic Dalmatian atmosphere makes it an extremely desirable destination for vacation and living.

Location

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

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