Key Information

• Location: Authentic Mediterranean setting with full panorama views
• Living space: ≈ 190 m²
• Structure: Four levels + large terraces + rear green area with cascading dry stone walls
• Landscaping: Space ideal for Mediterranean garden/olive grove
• Parking: Garage (≈ 15 m²) with direct street access
• Condition: Ready for modernization
• Price: 290,000.00

1. Concept and Potential

Courtyards of Paradise represents a prestigious investment opportunity with unique architectural charm and panoramic views.

The property offers a complete Mediterranean experience: spacious terraces, authentic dry stone walls, and the potential for a private garden or olive grove. With careful modernization, it can be transformed into a luxury residence or boutique-style holiday villa, merging authenticity with exclusivity.

2. Structure and Layout

Level 1

• Garage ≈ 15 m² (street access)

Level 2

• 2 bedrooms
• Open-plan kitchen/living room
• Bathroom + utility room
• Terraces ≈ 75 m²
• Direct access to rear green space

Level 3

• 2 bedrooms (one with fireplace)
• Bathroom
• Two terraces ≈ 75 m²

Level 4 (Attic)

• Flexible studio ≈ 25 m² (ideal as master bedroom, office, or wellness area)

3. Unique Features

• Complete panorama – unobstructed sea and landscape views.
• Large terraces – perfect for outdoor living and Mediterranean lifestyle.
• Authentic character – cascading dry stone walls with potential for private garden or olive grove.
• Multi-level design – flexibility for private residence or tourism concept.
• Modernization potential – ideal base for luxurious upgrades.

4. Investment Potential

A) Private Use

• Exceptional family home or holiday villa.
• Panoramic terraces and authentic Mediterranean garden potential.
• Flexible spaces for home office or wellness.

B) Tourism Investment

• Boutique villa potential with 3–4 rentable units.
• Properties of this type in Korčula can achieve €250–500 per night in peak season.
• With 40–70% occupancy, annual gross revenue could reach €40,000–80,000+.
• Premium repositioning through modernization further increases ROI.

5. Conclusion

Courtyards of Paradise is more than a Mediterranean property – it is a panoramic sanctuary with authentic charm and high potential for modernization.

Its size, layout, and location position it as a prestigious opportunity for both private enjoyment and high-end tourism investment.

Courtyards of Paradise – where panoramic views, Mediterranean authenticity, and investment potential meet.