Immobalko

Blato · Southern Dalmatia · Croatia

A rare opportunity - building land in the untouched bay of Prigradica on the island of Korčula! On…

For sale · Land · Reference IB-11972

€150,000

Key facts

Price
€150,000
Plot area
405 m²
Distance to airport
37 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

A rare opportunity - building land in the untouched bay of Prigradica on the island of Korčula! On an area of 405 m2, located on a hill with an incredible view of the sea, the island of Hvar, and the bay, this land is a true investment opportunity. A conceptual project for a luxury villa has already been developed, envisioned as a two-story oasis of modern architecture. The ground floor features a spacious open space living room with a kitchen and dining area, a fitness zone, a spa, a toilet, and a laundry room. On the upper floor - two luxury bedrooms with en-suite bathrooms and access to a spacious terrace, which offers a panoramic view. A 30 m2 swimming pool will further enhance the experience of luxurious seaside living. Access to the land is provided from an asphalted road, with designated parking spaces for two vehicles. The location, just a few minutes' easy walk to the pebble beach, combines privacy, tranquility, and all necessary amenities at your fingertips. What makes this property even more attractive is the additional possibility of building three cascading apartments, a perfect option for investors or construction companies. There is also an option for a partnership agreement in exchange for one of the apartments! Additionally, there is an option for a swap for an apartment in Zaprešić or Zagreb. Prigradica is a true hidden gem of the island of Korčula, located just 7 km from the historic Blato and 39 km from the town of Korčula. Once a fishing settlement, Prigradica today radiates an authentic Mediterranean atmosphere, with stone houses, crystal-clear sea, and breathtaking pebble beaches. This is a place where time stands still, ideal for relaxation and escape from the daily hustle and bustle. Prigradica is known for its peace and quiet, but also offers everything needed for a pleasant stay – restaurants with homemade cuisine, traditional taverns, as well as facilities for active vacationers such as cycling trails, hiking routes, and opportunities for water sports. Surrounded by greenery, olive groves, and vineyards, Prigradica is a true oasis for those seeking harmony with nature.

Location

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

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