House Near the Sea for 60,000 Euros: Mediterranean Dream or Renovation Nightmare?
Imagine buying a house on the Adriatic coast, just about a hundred meters from the sea, for a laughably low price of 60,000 euros! Yes, you read that right. But before you start dreaming of a Mediterranean paradise, brace yourself for a serious battle with renovation and bureaucracy.
Cultural Heritage or Construction Trap? This house, located in the Lower Village on the island of Susak, holds the status of cultural heritage. This means you cannot demolish or alter it at will. Reconstruction is only allowed within the original dimensions — ground floor, first floor, attic, and a small terrace on top. Forget about modern additions or expansions. So if you thought you’d build a luxury villa, think again.
Condition of the House and Renovation Costs The house is currently in quite poor condition, requiring extensive work on the foundations and roof. The living area is 92 square meters, and the plot is 46 square meters, including a former yard. Renovation will cost you at least tens of thousands of euros, but the location and potential value of the property on the Adriatic coast might justify the investment.
Who Is This House For? This is not a property for those seeking quick and easy profit or instant luxury. It requires enthusiasm, time, and money to revive the authentic Mediterranean spirit of this house and the island community. But if you love peace, quiet, and authenticity, this is an opportunity not to be missed.
Real Estate Market on the Adriatic Such rare gems occasionally appear on the Adriatic market at significantly lower prices than average. But as always, nothing is free — you must be ready for serious work and investment. The price of 60,000 euros for a house just a hundred meters from the sea sounds like a dream, but it’s a dream with fine print.
Conclusion If you are ready to invest effort and money, you can get a unique chance to own a piece of Mediterranean history and culture. But if you are looking for a ready-made product, better keep looking. This house is for those who love challenges and want to preserve the authenticity of coastal life.
So, what do you think? Would you take on such a project or leave these houses as museum exhibits? Share your thoughts — maybe you have the idea to make this Mediterranean gem shine again!