Croatia, Dalmatia islands, Korcula - Agricultural land with development and construction project

Agricultural land with development and construction project located on the south side of the island of Korčula, 850m from the sea.

The land is suitable for growing vines and olives and is divided into two plots. The first plot has an area of ​​31,681 m2, is located 30 m from the asphalt, has 60 olive trees, the age of the olive trees is from 20 to 25 years.
The second plot has an area of ​​31,729 m2, is located 70 m from the asphalt and has 60 olive trees, the age of the olive trees is from 20 to 25 years.

The land offers the possibility of building real estate with a construction (gross) area of ​​above-ground parts up to 400 m², a maximum height of up to 5 m and/or a fully buried basement with a construction (gross) area of ​​up to 1000 m² for the needs of a registered family farm and the provision of catering and tourist services in a peasant household, a trade registered for the practice of agriculture or a legal entity registered for the practice of agriculture.

An attractive offer is the possibilities offered by the land, such as the cultivation of olives and the production of olive oil, which has an 18% ratio between the fruits and yields kilograms of olive oil, as well as the possibility of tourism business of the property, for vacations, events, congresses, film productions, etc. Selling price of olive the oil used in the calculation is 10 euros per liter, while the real estate price is 500 euros per day as the highest amount of daily rent in the peak of the tourist season.

Plots are sold together or separately. The price is 12,5 euros/m2.