Land, Vela Luka, Sale, 645.00m²

Building plot 1st row to the sea, Vela Luka

In Vela Luka, right by the sea, there is a plot with a total area of ​​645 m2. There is an antique on it that needs to be renovated or demolished.
The plot has complete project documentation and a building permit for the main and auxiliary building. This permit applies to a hotel in the residential area of ​​Vela Luka, but it is possible to convert it into a residential building with one, two or three units, or into a multi-residential building with four units. The goal is to transform this object so that it satisfies all wishes and needs.
The building has two entrances, one on the east side of the main street, while the other is on the west side of the side street. Parking is available in front of the yard. Also, all the necessary facilities are available nearby, such as a spa, ATMs, taverns and a public beach, which makes it an ideal place to live or rent.
It is important to note that an application for the start of construction has already been made for this building, and all utility and water contributions have already been paid. This means that one can start realizing the vision immediately, without worrying about administrative procedures.

According to the spatial plan, the construction rules are as follows;
kis (usability coefficient) = 1
kig (construction of building particle) = 0.4

Since this property has a permit for the construction of a hotel or multi-residential building, the possibility of renting apartments or vacation units can provide a stable income and return on invested capital.
In addition, this property when converted into a multi-unit residential development is an ideal choice for families looking for a quiet and comfortable home close to the sea. Thus, families can live together, but also maintain privacy in separate living spaces. The proximity to the public beach and the availability of the necessary facilities nearby make it a practical option for family life.

Vela Luka is located on the western part of the island of Korčula, in a 9.2 km long bay, one of the best anchorages on the eastern coast of the Adriatic. In the wider area there are picturesque islets, deep bays, steeply cut cliffs and fertile gentle plains, which make this area a suitable place for living and for unlimited vacation opportunities.

Today, Vela Luka is a quiet Mediterranean town focused on traditional agriculture, fishing and tourism. The beauty of the landscape and unspoiled nature are suitable for tourism.