Land, Blato, Sale, 5162.00m²

Building Land of 5162 m² for Hotel or Luxury Villas Development, Prižba, Korčula

An exceptional investment opportunity – a 5162 m² building plot located in the second row from the sea, in the beautiful bay of Prižba on the island of Korčula. This land offers ideal conditions for the development of a luxury tourist complex, whether you decide to build luxury villas, a hotel, or other tourist facilities. With easy access via an asphalt road and existing infrastructure (electricity, water, drainage), the project is straightforward to realize.

The land has unique potential due to its location, exceptional proximity to the sea, and stunning views of the sea and surrounding coves, making it attractive to investors looking to create a luxury destination. An initial design solution exists for the construction of 10 luxury villas with a pool, and the future owner can proceed with obtaining the location and building permits.

The land also offers the possibility of parceling, allowing the development of multiple smaller buildings. The surroundings are peaceful yet well-connected to other parts of the island, making this location an ideal choice for investment projects. Ratak beach is just a few minutes’ walk away, adding extra appeal to this location.

The settlement of Blato is located inland on the island, known for its rich cultural heritage and authentic Mediterranean atmosphere. It is only a 15-minute drive from Prižba, offering a perfect contrast to the peaceful seaside life and the island’s rich culture.