Natural Luxury of Western Korčula

Just 15 minutes’ drive from the center of Vela Luka, in the peaceful and protected bay of Spiliška, lies a remarkable agricultural property of 21,000 m². This expansive plot, offering panoramic views of the sea and the islands of Brač and Hvar, embodies the authenticity of the Mediterranean landscape and presents a rare opportunity for nature-oriented development.

Identity of the Land

The majority of the property is covered by an old, neglected olive grove, bordered by traditional dry-stone walls that testify to centuries of coexistence between man and nature. On the parcel stands a small stone house, built approximately 60 years ago – simple in form, yet valuable as a foundation for future restoration or creative reinterpretation.

Its position combines intimacy and privacy with convenient access to infrastructure and proximity to Vela Luka – a town that in recent years has emerged as a hub of cultural, health, and nautical tourism on western Korčula.

Development Potential

• Agrotourism & eco-farm: an ideal setting for creating an authentic agrotourism concept – from branded olive oil with protected origin to tastings and curated experiences.
• Premium olive production: revitalizing the grove and planting new trees across 21,000 m² offers the potential for a strong olive oil brand with high market value.
• Mediterranean retreat: the serene and protected bay is perfectly suited for an exclusive retreat center or private estate, aligned with sustainable and nature-based concepts.
• Investment rarity: parcels of this size and location on western Korčula are exceptionally rare and hold long-term value.

Wider Perspective

Investment in Spiliška aligns with the broader transformation of Vela Luka and the western part of the island:

Ecological and Agricultural Revival – Olive Groves, Vineyards, Agrotourism

The western part of the island is experiencing a renaissance of olive cultivation and small-scale agriculture. New olive oil brands, boutique wineries, agrotourism projects, and local producers are shaping a strong regional identity aligned with global trends in sustainable luxury.

In this context, the Spiliška land can become a key resource for sustainable development – bridging nature, agriculture, and tourism.

Conclusion

Uvala Spiliška – 21,000 m² of natural potential on western Korčula – represents a rare opportunity for buyers and investors seeking a unique combination of privacy, authenticity, and long-term value growth.

In today’s world, where true luxury increasingly means a return to nature and sustainable living, this land offers exactly that: pure Mediterranean essence and the chance to become part of Korčula’s future.

contact us: +385991678775

https://www.elise.services/blog/elise-blog-2/agrotourism-potential-of-korcula-the-case-of-spiliska-cove-10

85.180 €