Immobalko

Konavle · Southern Dalmatia · Croatia

In the area of Čilipi, within a peaceful and well-maintained residential setting of family homes…

For sale · Land · Reference IB-12353

€600,000

Key facts

Price
€600,000
Plot area
3,160 m²
Distance to airport
2 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

In the area of Čilipi, within a peaceful and well-maintained residential setting of family homes and villas, there is a building plot of 3,160 sqm with a completed conceptual design for the construction of four detached houses. The location offers a clear balance between privacy and accessibility. Dubrovnik Airport is only a few minutes’ drive away, Cavtat and its beaches approximately ten minutes, while Dubrovnik can be reached in about thirty minutes. The position is equally suitable for high-quality residential living as well as for premium tourist rental. The conceptual design foresees four separate residential units, each with its own parcel logic, vehicle access and secured parking spaces or garage. The land has a gentle slope, which has been utilized for a rational vertical organization of the buildings. Some houses include a basement level with garage and auxiliary rooms, while the ground and first floors are designed as contemporary living spaces with an emphasis on open-plan living areas and a strong connection between interior and exterior. Each house is designed with a spacious living room, kitchen and dining area in an open concept, directly connected to a terrace and swimming pool. The ground floor also allows for additional amenities such as a sauna, gym or guest bedroom, while the upper floor accommodates comfortable bedrooms with en-suite bathrooms and access to terraces. The layout follows the standards of modern villas intended for residential or tourism purposes. The outdoor space is conceived as an integral part of the project. Each house includes a private pool, sunbathing area and landscaped garden, with sufficient distance between buildings to ensure privacy and clearly defined units within the complex. The architectural expression is based on a contemporary interpretation of the traditional Dalmatian house, featuring simple volumes, a pitched roof and balanced openings. The project allows for further development according to the desired level of equipment and finishing materials. In the immediate vicinity there are shops, a school, kindergarten, restaurants and road connections towards Cavtat and Dubrovnik. The surroundings are predominantly residential, without excessive construction, offering open views towards greenery. The value of this property lies in the combination of the land size and the already defined development concept of four houses, providing the investor with a clear framework and significantly shortening the initial planning phase of the project.

Location

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

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