Immobalko

Vela Luka · Southern Dalmatia · Croatia

House with potential in an attractive location, Tri Porte cove, Korčula

For sale · House · Reference IB-14101

€390,000

Key facts

Price
€390,000
Price per m²
€2,786/m²
Living area
140 m²
Plot area
300 m²
Rooms
3
Year built
1975
Distance to airport
40 km
37% below the regional average (Region average: €4,431/m²)Online for 11 days

Investment overview

Southern Dalmatia currently has 2 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

What we deliberately do not calculate
  • Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
  • Occupancy and seasonality. That would need booking data, which we do not collect.
  • Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
  • Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

House with potential in an attractive location, Tri Porte cove, Korčula House by the sea in Tri Porte cove – island of Korčula On the southwest coast of the island of Korčula, not far from Vela Luka, lies a house right by the sea, in the quiet and natural cove of Tri Porte – known for its crystal-clear sea and small pebble beaches that offer complete peace and privacy. The property sits on a plot of approximately 300 m2 and consists of two connected buildings. The ground floor houses a furnished apartment, while the second building comprises two levels and an attic with a functional layout: kitchen, bathroom, hallway, two bedrooms and a terrace with a sea view. Although the house requires complete renovation, it offers significant potential for creating a space tailored to personal needs – whether as a family home, a holiday house or a small tourist project. The spacious grounds allow for the addition of extra features such as a garden, pool or private parking. The rear part of the plot opens onto a side road, allowing easy access, while in front of the house there is a covered terrace by the sea – perfect for relaxing outdoors. The property is connected to the electricity grid, while the water supply is currently handled via two large cisterns. The introduction of the public water supply is planned in the near future. This house by the sea offers a rare opportunity to invest in an authentic and unspoiled Mediterranean setting, with enough space to create a unique living or business space. Tri Porte cove is located on the southern coast of Korčula, and it takes its name from three natural stone openings – "doors" – that shape its distinctive coastline. Thanks to its sheltered position and peaceful atmosphere, it is ideal for swimming, rowing and spending time in nature, far from the crowds. Vela Luka, just a few kilometers away, is the largest town on the western part of the island. It offers all necessary amenities – shops, restaurants, healthcare services and a ferry port – making this location practical for everyday life or longer stays. CREDIT BROKERAGE SERVICE: Opereta ekspert offers a free credit brokerage service, comparing offers from multiple banks in one place. Our team explains all the options and guides you through the entire process, from consultation to loan disbursement, so you can make an informed financial decision and save time.

This text was machine translated and reviewed by the agency.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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