Vela Luka Investment Story –
How €45 Million Transformed a Hidden Gem into a Tourism & Wellness Hotspot
When people think of the Croatian coast, their mind often goes straight to Dubrovnik or Split. Yet, quietly and steadily, Vela Luka on the Island of Korčula has been writing one of the most remarkable investment stories in the Adriatic.
In less than a decade, this small town of only 3,772 residents has attracted – and continues to attract – over €45 million in tourism, wellness, and infrastructure investments. The result: Vela Luka is on its way to becoming one of the Mediterranean’s most exciting destinations for year-round tourism, health & wellness, and lifestyle investments.
Over €20 Million Already Invested
In recent years, Vela Luka has undergone a significant transformation:
- New ferry port and passenger terminal (~€14.7 million, EU co-financed)
- New Korkyra Marina, offering modern berths and a complete nautical service for yachts and sailing boats
- Additional harbor and infrastructure upgrades, enhancing accessibility and visitor experience
These investments have created a new standard of service and accessibility – positioning Vela Luka as a reliable destination for both residents and tourists.
The Next Wave: €25 Million Until 2028
The investment story doesn’t stop here. By 2028, another €25 million – largely co-financed by EU funds – will be injected into projects that reshape Vela Luka’s future:
- By 2026: Complete renovation of the Kalos Health & Wellness complex with surrounding park
- By 2028: A brand-new seafront promenade “Kale–Vranac” with palm trees, berths, and event spaces
Together, these projects build the foundation for year-round tourism that blends wellness, culture, and authentic Dalmatian lifestyle.
Why This Matters for Investors
In only 10 years, a municipality of less than 4,000 people will have received €45 million in targeted investments. This is an investment density rarely seen in Europe and a strong signal of stability and growth.
For investors, this means:
- A clear value-growth story in real estate and tourism
- A destination with long-term EU-backed development
- Attractive opportunities in boutique hospitality, villas, apartments, and mixed-use projects
Why This Matters for Lifestyle Buyers & Expats
For those seeking more than just financial returns, Vela Luka offers:
- A peaceful Mediterranean lifestyle with world-class health & wellness infrastructure
- An authentic community atmosphere, far from mass tourism
- The chance to own property in a destination where the future is already being built
Discover the Opportunity Yourself
At ELISE.Services, we don’t just sell real estate – we create experiences. That’s why we offer our Investment Experience packages: a unique way to explore Korčula as both your next holiday destination and your next investment move.
Plan your investment discovery tour with us – combining site visits, lifestyle experiences, and expert guidance – and see firsthand why Vela Luka is becoming one of the Adriatic’s most compelling stories.
Live your dream. Invest in Korčula.
