Immobalko

Putniković · Southern Dalmatia · Croatia

Pelješac Oasis: Investment Opportunity by the Sea with Great Development Potential

For sale · Land · Reference IB-12010

€616,000

Key facts

Price
€616,000
Plot area
4,317 m²
Distance to airport
72 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

Pelješac Oasis: Investment Opportunity by the Sea with Great Development Potential Unique investment opportunity on attractive building land right by the sea in the beautiful Brijesta bay on the Pelješac peninsula. This land, with a total area of 4,317 m2 and an excellent location, is only 2 kilometers away from the access road to the new Pelješac Bridge, providing ideal connectivity with the rest of Croatia and international tourist markets. It has recently been expanded from the original 3,950 m2 to 4,317 m2, opening up new possibilities for the construction of luxury rental or sale properties. This location possesses all the key prerequisites for rapid and successful development, with direct access to the sea and a beautiful view of the Adriatic Sea. Water and electricity connections are secured, as well as an asphalted access road, meaning that the infrastructure requirements are fully met. With the possibility of building 6 meters from the shore, the land offers perfect conditions for constructing high-standard properties that will be attractive to both domestic and foreign guests. The original conceptual design envisaged the construction of three luxury villas, but thanks to the increase in land and new urban planning conditions, the possibilities have now expanded. Plans are being considered that include the construction of six separate villas or six buildings with three apartments each. This approach allows investors flexibility in adapting development according to market conditions and preferences. Each of these options provides exceptional opportunities for value growth, given the increasing popularity of luxury accommodation in Pelješac, which has become even more accessible due to the new Pelješac Bridge. Pelješac is increasingly standing out as a leading tourist destination in Croatia, attracting visitors from around the world due to its natural beauty, unspoiled beaches, and rich history. This property, with clear ownership documentation, offers a secure investment opportunity with high return potential. The long-term value of real estate in this part of Croatia is rising, and with such strategically located land, by the coast and just a few minutes from the Pelješac Bridge, a return on this investment can be expected very quickly. For investors who recognize the value of the location, this land represents an extremely attractive investment, whether through the construction of luxury villas or apartments that will surely attract numerous guests, making it a true gem 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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