€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Korčula · Southern Dalmatia · Croatia
Korcula, apartment for sale, 479.900 €
For sale · Apartment · Reference IB-16190
€479,900
Key facts
- Price
- €479,900
- Price per m²
- €3,779/m²
- Living area
- 127 m²
- Rooms
- 2
- Bathrooms
- 2
15% below the regional average (Region average: €4,431/m²)Online for 1 day
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-storey apartment in a great location in Lumbarda. It consists of the first floor and a high attic, oriented towards the sunny side and the sea. It has its own separate entrance, a stone staircase to the main entrance on the first floor, on the ground floor there is a cultivated planted garden, and a yard ideal for enjoying with a barbecue. The total area of the property is 127 m2, of which 112 m2 is the floor area, plus approximately 10 m2 of the gallery on the upper floor. In addition, the property has its own parking space for one vehicle in front of the building. There are two floors, and there are two separate apartments connected by an internal staircase. From the rough construction to the current state, it was built, installed and decorated last year. So, the property has new interior walls, water, electricity, gas installations, air conditioning systems installations, new floors, floor insulation, new openings, as well as a velux window, railings, and a wooden gallery and built bedrooms. Special attention was paid to the insulation of the roof due to the heat and the bedroom on the gallery. Electricity, water and gas installations are carried out in the yard. The first floor includes a hallway, spacious living room, kitchen, room with spacious toilet, additional toilet located under the stairs, with another connection for a washing machine, and the space can also be used as a storage room. On the upper floor there is a spacious living room, kitchen, bedroom and toilet, space for a bedroom or children's room on the gallery, and storage room. Each floor has one air conditioner, while the air conditioning installation is carried out in each bedroom. Minor investments are required, which is visible in the pictures. It is only a 15-minute walk from the center of the town along the beautiful promenade along the sea. It is only 6 km to the town of Korčula, and a 10-minute drive to the center of Korčula.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
