€115,000Bačva · Istria
Istra, Višnjan okolica- Građevinsko zemljište
1,016 m² plot
Lumbarda · Southern Dalmatia · Croatia
In Lumbarda on the island of Korčula, there is a building plot with a total area of 706 m2…
For sale · Land · Reference IB-12006
€165,910
Key facts
- Price
- €165,910
- Plot area
- 706 m²
- Distance to airport
- 56 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 Lumbarda on the island of Korčula, there is a building plot with a total area of 706 m2, consisting of two connected rectangular-shaped parcels. The plot is located in an area that provides peace and a pleasant environment, while the center of the village with shops and restaurants is only about one kilometer away. Access to the land is provided by an asphalt road that continues as a gravel path, while connections for water and electricity are located in the immediate vicinity, simplifying preparations for construction and accelerating project realization. The land is situated in a mixed-use construction zone with an emphasis on residential purposes. Although a detailed urban plan has not yet been adopted, construction is permitted under existing conditions. The construction of a standalone residential building and smaller structures that can fit into residential use, such as tourist or service facilities, is allowed. The minimum area of a building plot in this area is 300 m2, and the minimum width at the regulatory line is 14 meters, which this parcel meets. The built coefficient is 0.3, and the utilization coefficient is 1.5, allowing for a gross developed area of up to approximately 600 m2, depending on the size of the parcel. This property represents an excellent opportunity for building a family home, a vacation house, or a smaller tourist facility, offering quality conditions and the possibility of quick project realization in the pleasant environment of the island of Korčula.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
