BUILDING LAND, TANKARACA BAY, FIRST ROW TO THE SEA, 200€/m²
In one of the most beautiful and discreet bays on the western side of Korčula Island, in Tankaraca Bay near Vela Luka, we present an exceptionally rare frontline development opportunity directly by the sea — a true premium investment asset.
The property consists of multiple building plots with a total area of 6,707 m², positioned directly on the waterfront, immersed in a natural pine forest, with direct access to a pebble beach and open panoramic views of the sea and surrounding islands.
On the land, there is a small authentic stone cottage and traditional dry-stone walls, further enhancing the Mediterranean character, historical value, and exclusive identity of the location.
This unique combination of nature, privacy, the sea, and strong development potential makes this property one of the rarest opportunities on the entire Korčula market today.
INVESTMENT POTENTIAL
This location is ideal for the development of:
- Luxury private waterfront villas
- An exclusive boutique resort or mini-resort
- A premium tourism investment with long-term return
- A high-value private residential zone
The combination of frontline sea position, pine forest, existing stone elements, direct beach access, and proximity to Vela Luka positions this property among the top-tier premium development opportunities on the western side of Korčula.
LOCATION – TANKARACA BAY, VELA LUKA
Known for:
- crystal-clear sea
- tranquility and unspoiled nature
- discreet luxury without mass tourism
- excellent accessibility and infrastructure
- authentic Mediterranean atmosphere
Attractive plot with an olive grove, located in a peaceful and secluded setting in the immediate vicinity of Vela Luka. The plot has a southwest orientation, providing plenty of sunlight throughout the day, while the highest point of the land offers a beautiful view of the sea.
The property features old olive trees in very good condition, as well as traditional dry-stone walls that are excellently preserved and further emphasize the authentic Dalmatian character of the land. A special added value is the small structure marked and registered in the cadastre, offering the future owner additional possibilities for use.
Water pipes have been brought to the plot, which is a significant advantage for maintaining the olive grove and for future use of the land. There is an access path to the property that can be widened for a car, while the main road is nearby, making the location easily accessible yet still sufficiently tucked away to ensure peace and privacy.
This property is ideal for nature lovers, olive-growing enthusiasts, and those seeking an authentic island setting, as well as anyone looking for a peaceful location with potential close to all the amenities of Vela Luka.