Beachfront Villa for sale, Korcula Island

About this Property:

(V-K-R-B-01)

Beachfront Villa for sale, Korcula Island

Beachfront Villa for sale, Korcula Island is a great villa located near of Korcula town, which is the mail town on the island.
The partialy completed residential property as it stands at the moment is a five storey building overlooking the sea with exclusive use of pier that is on concessionary land. The property has the benefit of a detached garage which can accommodate 3 to 4 cars. The garage is located at the end of the entrance road and on the right hand side of the entrance of the property. There is an additional object with 70 m2 is being developed above the garage.
There are two entrances to the top floor from the driveway, the first via a small set of concrete
steps on a bridge and the other via a small concrete bridge. The top floor (floor 5) contains
two rooms constructed to red brick standard earmarked as en suite bedrooms. The floor has
the benefit of an easterly facing side balcony affording extensive views across the bay. Level
4 is access via a concrete staircase which requires finishing and hand rails. This level is in a
similar unfinished condition to the upper floor and is earmarked for four ensuite bedroom each
with separate entrances and access to a balcony allowing for extensive easterly views across
the bay. The level below (level 3) is accessed via concrete stairs and this floor and again is
finished to a red brick standard. It is earmarked for as a living and kitchen area with an
easterly facing balcony. The level below (level 2) is in a similar condition and is accessible via
concrete stairs. This area is intended to be an entertainment area to include children’s play
area and mini cinema. It too has a balcony. The level below (level 1) is intended to house a
swimming pool and sauna. It currently does not have any natural light as there are no windows
although there are plans to open this level to light by the provision of windows. This level
provides direct access to the pier at the front of the building.
We understand that the property was constructed in the mid 1990’s and was subsequently expanded.
The remaining development comprises of fitting out all of the floors, the inclusion of a
swimming pool and jacuzzi and the construction of a 70 sq m flat above the garage
Ownership of the company, owner willing to finish villa at additional 250.000EUR for finish works.