Immobalko

Novo Selo · Central Dalmatia · Croatia

In the northeastern part of the island of Brač, in close proximity to the village of Novo Selo…

For sale · Land · Reference IB-12113

€415,558

Key facts

Price
€415,558
Plot area
18,889 m²
Distance to airport
15 km
Online for 11 days

Investment overview

Central Dalmatia currently has 27 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 the northeastern part of the island of Brač, in close proximity to the village of Novo Selo, there is a spacious agricultural land with a total area of 18,889 m². The plot is located in a quiet, naturally preserved environment, on flat terrain with open views of the surrounding hills, greenery, and the sea in the distance – far from tourist crowds, yet close to the sea and all amenities. The land is fully fenced and cultivated, leveled by machinery, with about 500 almond trees carefully arranged in a regular pattern. The orchard is well-maintained and organized to allow for easy maintenance by machinery, and the proper planting indicates a planned approach to cultivation and serious investment. The fencing of the land provides additional security, protection, and a sense of integrity, which is a special value for larger agricultural areas. Access to the plot is provided by a wide, cadastral road that is paved, allowing easy access by car and light commercial vehicles. Infrastructure in this area is developing in accordance with the needs of the local population and agricultural activities, and the size and configuration of the plot allow for various forms of space organization, including the introduction of self-sustainable solutions such as solar panels, water tanks, and irrigation systems. Such solutions are becoming an increasingly common choice on the island, especially among those striving for energy independence and a sustainable lifestyle. Almond cultivation in Brač has exceptional agro-ecological advantages – almonds tolerate drought well, do not require intensive irrigation, and the soil and climate of the island are perfectly suited for them. In addition to being a long-lived and resilient crop, almonds have strong market potential due to their wide application in the food, cosmetic, and pharmaceutical industries. The growing demand for domestic, high-quality, and naturally grown almonds opens up space for serious agricultural entrepreneurship, and with additional investments, it is possible to develop one's own processing or branded product. According to the valid spatial plan of the Municipality of Selca, for agricultural lands with an area between 1 and 3 hectares – provided that they are planted with permanent crops on at least 70% of the area and are located more than 1,000 m from the coast – the construction of individual economic facilities for agricultural activities is possible. In this case, the construction of a ground-level facility up to 200 m² of gross area is permitted, with the possibility of an additional fully underground basement of up to 400 m². With a minimum distance of 20 meters from the edge of the plot, such facilities can serve for the storage of equipment, processing and storage of products, as well as other related purposes. It is important to note that any construction requires additional verification of specific conditions in accordance with spatial planning documentation and competent authorities. This plot represents not just a piece of land – but a foundation for creating a sustainable, authentic story on an island that is increasingly becoming a desirable place to live, work, and return to nature. Whether planning to continue cultivation, establish a family farm, develop an ecological project, or simply invest in long-term value, this property offers exceptional potential in one of the most stable and attractive parts of the Croatian coast.

Location

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

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