Waterfront Cottage in Korčula Town in Need of Renovation

This waterfront cottage, located in the sought-after Korčula Town area of Croatia, spans 50 square metres and sits on a generous 590 square metres of land. The property, built in the 1970s and in need of renovation, features two small bedrooms, a kitchen with a dining area, and a toilet. It has primarily been used during the summer months and includes an outdoor shower.

The cottage presents significant potential for expansion, with the possibility to construct a new villa of up to 400 square metres across three levels. The land is well-maintained, showcasing Mediterranean plants and greenery that create a cozy atmosphere complemented by a beautiful panoramic view of the bay. The sheltered bay is perfect for year-round boat mooring at no extra cost.

Additional features include a garage at street level, connection to the city water supply and electricity, and a wastewater septic tank, though a larger system may be required for new constructions. Just a few minutes' drive from Korčula Town, this property not only represents great value for money but also serves as an excellent investment opportunity for those looking to build a family villa or enter the rental market in this top tourist destination.