Immobalko

Korčula · Southern Dalmatia · Croatia

Attractive Building Land of 981m2 in a Quiet Part of Korčula

For sale · Land · Reference IB-12246

€196,200

Key facts

Price
€196,200
Plot area
981 m²
Distance to airport
53 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

Attractive Building Land of 981m2 in a Quiet Part of Korčula This building plot, with a total area of 981m2 and composed of three separate parcels, is located in a quiet and well-organized part of Korčula, ideal for family living or the construction of residential buildings. In the immediate vicinity, there is a swimming pool, a children’s playground, and an outdoor gym, while the town center is just a three-minute drive away. The sea can be reached with a ten-minute leisurely walk, and the historic core of Korčula is within a twenty-minute walk. Lumbarda is only about a five-minute drive, offering attractive sandy beaches perfect for family holidays and relaxation. This part of the island provides the perfect combination of natural surroundings and easily accessible amenities. The land has proper access and proximity to infrastructure, making it suitable for constructing a multi-apartment residential building or a spacious family house. Each of the three parcels meets urban planning requirements, with a permitted building coverage of 40% and a floor area ratio (FAR) of 1.5. The island of Korčula is an ideal place to live due to its Mediterranean climate, rich cultural heritage, and peaceful, safe environment. Additionally, it offers numerous opportunities for recreation, sailing, and enjoying nature, making everyday life pleasant and high-quality.

Location

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

Similar properties

WhatsApp