Building land for Sale

Building land - Vela Luka, Korčula

Key information
Location: Quiet location surrounded by nature at the entrance to Vela Luka
Area: 834 m²
Ownership: 1/1
Price: € 80,000
1. Concept and Potential
This land represents an excellent investment opportunity in Vela Luka, combining privacy, greenery and proximity to the infrastructure of the settlement.

Thanks to its location at the entrance to Vela Luka, the land offers great flexibility for development - from the construction of a private Mediterranean villa with a pool and garden, to the creation of a smaller tourist facility for rent.

2. Unique features
Peaceful environment - located in a quiet part of Vela Luka, with privacy and peace.
Greenery and nature – surrounded by Mediterranean vegetation.
Development potential - suitable for a private residence or tourist villa.
Accessible location - close to the center of the town, yet privacy is ensured.
Attractive price - a competitive entrance to the real estate market on Korčula.
3. Investment Potential
A) Private use

Ideal for building a family home or luxury villa.
A Mediterranean retreat for year-round or seasonal stays.
B) Tourist investment

Possibility of developing a modern villa for tourist rental.
Villas of this type on Korčula achieve €250–500 per night in peak season, depending on size and amenities.
With an occupancy rate of 40–70%, annual income can reach €25,000 – €50,000+.
4. Conclusion
This 834 m² building plot in Vela Luka is not just a plot of land – it is an opportunity to create a personal Mediterranean lifestyle or a profitable tourist project.

Its location, privacy and development potential position it as a rare investment opportunity at an attractive price.

ELISE AGENCY – We don’t just sell properties. We unlock potential..

For more information and to arrange a viewing, please contact us.