Immobalko

Lumbarda · Southern Dalmatia · Croatia

A beautiful, fully renovated ground-floor apartment is located in a quiet part of Lumbarda, within…

For sale · Apartment · Reference IB-13533

€180,000

Key facts

Price
€180,000
Price per m²
€4,737/m²
Living area
38 m²
Rooms
2
Year built
1986
Floor
0
Distance to airport
57 km
7% above 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

A beautiful, completely newly renovated ground-floor apartment is located in a quiet part of Lumbarda, within a tourist resort that operates during the summer season. The apartment consists of a modernly furnished bathroom, a kitchen, two bedrooms, and a covered terrace with an accompanying small yard in front of the apartment, ideal for relaxing outdoors. The property functions as an apartment for tourist rental, and guests have access to a shared pool within the resort as well as furnished amenities in the immediate vicinity of the sea. The beautiful beaches are just a few minutes' easy walk away, while the centre of Lumbarda can be reached in approximately five minutes on foot. Use of the parking within the resort is provided with the apartment. Thanks to its attractive location and developed tourist environment, this property represents an excellent opportunity to continue a successful tourist business or as an investment with excellent return potential. Lumbarda is one of the most desirable places on the island of Korčula, known for its sandy beaches, top-quality wines, crystal-clear sea and authentic Mediterranean atmosphere, which makes it an exceptionally attractive destination for domestic and foreign guests.

This text was machine translated and reviewed by the agency.

Location

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

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