Farm Land for sale, Lastovo, 285 000 €

Basic information

  • Custom IDID 424364
  • Price285 000 €
  • LocationLastovo (20290)
  • Area50 000,00 m2
  • Land TypeFarm Land
  • Distance from the Sea2 000 m
  • Distance from the Town Center1 500 m

Possible Land Use

  • Commercial-Residential
  • Commercial
  • A House

Permits and documentation

  • Building Permit
  • Ownership certificate


A land of 50 000 sq.m. for sale on the island Lastovo. There is an olive grove with 650 trees on the land. The price includes permit for building a stone villa with the pool.
The villa is arranged over the ground floor of 200 sq.m. and the basement of 100 sq.m. The basement is designed for wine and oil tasting. A project for a stone built annex of 60 sq.m. is being developed. Thanks to the olive grove, the land is in the state subvention system and yearly gets certain amount of money.
It is located approx. 1.5 km away from the center of Lastovo and two km away from Lučica bay. The land has an access by macadam road which connects all fields on the Lastovo island.
The villa is planned to be rented out and used as a farm. This solitude villa is surrounded by olive groves and vineyards. It is designed to be 5* villa with five rooms and five bathrooms, living room and kitchen.
There is no access to local infrastructure and project includes solar energy system with electrical generating unit for winter period, so living expenses would be at the minimum.
This project is ideal for applying for funding offered by European Agricultural Fund for Rural Development. The initial contact with consultants in EU projects is already made. A buyer gets 6600 sq.m. of land, located few hundred meters away, for free. This land is in the state subvention system as well.

Contact this agent

Mario Peračić
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