Immobalko

Donja Banda · Southern Dalmatia · Croatia

Large land area of 158,155 m2 (or 15 ha) is located on the western side of the Pelješac peninsula…

For sale · Land · Reference IB-11970

€950,000

Key facts

Price
€950,000
Plot area
158,155 m²
Distance to airport
57 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

Large land area of 158,155 m2 (or 15 ha) is located on the western side of the Pelješac peninsula, near Orebić. It is approximately 1.7 km long and about 110 m wide, offering a panoramic view of the Pelješac Channel. With its impressive size, it leaves enough space for the establishment of a family agricultural estate and the provision of hospitality and tourism services. For rural tourism purposes, it is possible to plan the construction of a building (gross) area of 400 m2, with a height of 5 m and a fully underground basement of up to 1,000 m2 of building (gross) area on a surface of 3 ha. In addition to the possibility of construction, there is enough space on the land for the cultivation of Mediterranean crops, including vineyards for which Pelješac is known. Access road is provided, and infrastructure is nearby. Orebić is a settlement and municipality in Croatia, on the Pelješac peninsula in the Dubrovnik-Neretva County. The indented coastline, long sandy beaches, and warm climate create ideal conditions for tourism development and the creation of a tourist micro-region that, with its natural specificities and cultural-historical heritage, represents the foundation for sustainable development of the area through tourism, as a basis for driving other activities of the municipality of Orebić. Steep slopes inclined towards the sea have been transformed by human hands into terraced vineyards unique in the Republic of Croatia (Postup, Dingač), while the fertile karst valley in the interior of the municipality is an ideal resource for grape and wine production, which are the main agricultural resources of the municipality of Orebić. Nearby settlements: Postup, Stanković, Orebić, Viganj Nearby cities: Dubrovnik, Korčula

Location

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

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