€2,650,000Tar-Vabriga · Istria
Luksuzna vila klasičnog uređenja, Poreč, Istra
511 m² · 6 rooms
Vela Luka · Southern Dalmatia · Croatia
Korčula, Vela Luka, seafront house with apartments for sale
For sale · House · Reference IB-18405
€1,800,000
Key facts
- Price
- €1,800,000
- Price per m²
- €6,406/m²
- Living area
- 281 m²
- Plot area
- 360 m²
- Rooms
- 8
- Bedrooms
- 8
- Bathrooms
- 6
- Distance to airport
- 36 km
33% above the regional average (Region average: €4,828/m²)Online for 0 days
Investment overview
Southern Dalmatia currently has 5 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
Located in a prime seafront position in Vela Luka, this spacious apartment house represents an excellent opportunity for tourism investment or a private retreat on the island of Korčula. The property offers 281 m² of living space and an additional 370 m² of landscaped outdoor area, comprising a total of six residential units with panoramic sea and town views. The property consists of: • one two bedroom apartment with two terraces and a separate kitchen, • two one bedroom apartments with large terraces and sea views, • two studio apartments, • and a spacious ground-floor apartment featuring a large glass-enclosed lounge area and an 11 x 3 m terrace. All apartments have a sea view and a view of Vela Luka. The units are equipped with air conditioning, while part of the property also benefits from central heating with the possibility of extending the system throughout the building. Additional highlights include: • private covered parking for 5 vehicles under video surveillance, • a 12 kW solar power system, • water storage capacity exceeding 100,000 liters, • a landscaped garden and large outdoor barbecue area, • a shared entertainment area with table football and darts, • a boat garage directly by the beach and a private mooring berth. An auxiliary building includes additional storage rooms, a kitchen, bathroom, laundry area, and a technical room with solar systems and a 500 liter boiler. The property was last renovated in 2010, while apartment number 3 was completely refurbished in 2025. Thanks to its exceptional waterfront location, functional layout, and developed infrastructure, this property represents an outstanding opportunity for a successful tourism business or a private oasis on one of the most beautiful Adriatic islands. For any additional questions or to arrange a viewing, we are at your disposal. In case of mediation by our agency, an agency commission applies. Contact for this property: Ivan, +385 91 288 0082 For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 15992 Ivan Jelaska Mob: +385 91 288 0082 Tel: +385 91 2880 080 E-mail: ivan@luvarealestates.com www.luvarealestates.com
Location
The map shows the approximate area. The exact address is provided by the agency on request.
