EXCELLENT OPPORTUNITY! BUILDING PLOT, 95€/m² - 80.000€
Key Information
- Location: Peaceful area at the entrance of Vela Luka, surrounded by nature
- Land area: 834 m²
- Ownership: 1/1
- Price: €80,000
1. Concept and Potential
This plot represents an excellent investment opportunity in Vela Luka, combining privacy, greenery, and proximity to town infrastructure.
With its location at the entrance of Vela Luka, the land offers flexibility for development – from building a private Mediterranean villa with pool and garden, to creating a small-scale tourist rental property.
2. Unique Features
- Peaceful surroundings – located in a quiet part of Vela Luka, offering privacy and tranquility.
- Green environment – surrounded by Mediterranean vegetation.
- Development potential – suitable for a private residence or a tourism-oriented villa.
- Accessible location – close to the town while maintaining seclusion.
- Attractive price point – competitive entry into the Korčula real estate market.
3. Investment Potential
A) Private Use
- Ideal for building a holiday home or luxury villa.
- A Mediterranean sanctuary for year-round or seasonal living.
B) Tourism Investment
- Potential to develop a modern villa for short-term tourist rentals.
- Villas of this type in Korčula achieve €250–500 per night in high season, depending on size and amenities.
- With 40–70% occupancy, annual income could reach €25,000–50,000+.
4. Conclusion
This 834 m² building plot in Vela Luka is more than land – it is an opportunity to create a bespoke Mediterranean lifestyle or a profitable tourism venture.
Its location, privacy, and development potential position it as a rare investment opportunity at an attractive price.
ELISE AGENCY – We don’t just sell real estate. We unlock the potential.
For more information and to arrange a viewing, please contact.
+385991678776
dreams@elise.services
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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.