Single family villa 480 m², Vela Luka

Villa Esentia is a rare example of refined Mediterranean architecture on Korčula.

Designed by the owner-architect, the villa seamlessly combines comfort, nature and luxury, offering a haven of privacy and elegance.

The included additional building plot of 326 m² creates unique potential for future development – ​​from an extension to the existing villa, to a guest house, to another exclusive unit – significantly increasing the long-term value of the property.

2. Structure and floor plan:

Basement:

Library with fireplace
Table tennis and relaxation area
Workshop/Study room

Ground floor:

Separate two-bedroom apartment
Open-plan living and dining room with access to the terrace and pool
Laundry room and storage space

First floor:

4 bedrooms (master with large walk-in closet)
2 bathrooms
Covered terraces overlooking the green surroundings

3. Unique features
Large living space – 480 m² spread over three levels.
Spacious plot – 1,073 m² in total, ensuring complete privacy.
Additional building plot of 326 m² included in the price – a rare opportunity to expand.
Private pool and terraces – surrounded by nature.
High quality construction – solar water heater, heating and cooling system.
Ready to move in immediately – fully furnished with modern amenities.
Architectural sophistication – designed with precision and care.
4. Investment potential
A) Private use
A Mediterranean retreat – perfect for year-round family living.
A separate apartment for guests, extended family or staff.
Complete privacy in a green and peaceful environment.
B) Tourist investment
Ideal for luxury rentals – villas of this size and quality on Korčula can fetch €600–800 per night in peak season.
With an occupancy rate of 40–70%, the annual gross income can reach €100,000 – €200,000+, depending on positioning and additional services.
The expansion potential thanks to the included building plot further increases the return on investment.
5. Conclusion
Villa Esentia with an additional building plot of 326 m² is not just a property – it is a private retreat on Korčula that combines luxury, privacy and architectural sophistication.

Its size, design and development potential rank it among the rare opportunities in the premium Korčula market.

Perfect as both a private Mediterranean residence and a top tourist investment, this property brings long-term living and financial value.

Villa Esentia truly represents the essence of luxury on Korčula – a home where nature, comfort and exclusivity come together.