€335,000Zatka Čepić · Istria
LABIN-KRŠAN-ČEPIĆ
13,122 m² plot
Korčula · Southern Dalmatia · Croatia
In a quiet and well-maintained complex on the island of Korčula, there is an apartment that…
For sale · Apartment · Reference IB-12997
€450,000
Key facts
- Price
- €450,000
- Price per m²
- €3,571/m²
- Living area
- 126 m²
- Rooms
- 2
- Year built
- 2019
- Floor
- 1
- Distance to airport
- 51 km
19% 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
In a quiet and well-maintained complex on the island of Korčula, there is an apartment that combines a functional layout, comfort, and the value of location. The beach is just a few minutes' walk away, and the open sea view adds extra quality to everyday living. The apartment is located on the first floor, in the western part of the building, oriented towards the sea. This position ensures plenty of natural light during the day, while the spacious covered balcony becomes a logical extension of the living space and a place to stay for most of the year. The layout is clear and without wasted square footage. The living room is connected to the kitchen and dining area in a single unit, while the rest of the apartment consists of two bedrooms, two bathrooms, an additional toilet, a hallway, and a laundry room. All rooms are air-conditioned, and the property is sold with its own parking space. The total calculated area is 125.75 m2. The residential part covers 99.38 m2, the covered balcony of 40.24 m2 is calculated at a coefficient of 0.50, and the parking space of 12.50 m2 is also calculated at a coefficient of 0.50. The apartment is suitable for personal use, but also for tourist rental. There is a possibility of organized rental through a verified property management company, which allows for easy management without the need for the owner's constant involvement. Such a combination of views, garage, functional layout, and proximity to the beach rarely appears on the Korčula market. The property is ready for use without additional investments, with the possibility of generating additional income through rental. The price is 450,000 EUR + VAT, or 562,500 EUR including VAT. The buyer does not pay real estate transfer tax. For more information and to arrange a viewing, we are at your disposal.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
