Korčula Island, nestled in the heart of the Adriatic Sea, combines cultural heritage with pristine nature. With Croatia’s tourism sector booming and EU integration driving foreign investment, Korčula emerges as a high-potential opportunity for premium real estate development. Danica presents a trio of turnkey projects that bridge design excellence, legal readiness, and strong ROI potential.

Strategic Location: Natural Beauty with Modern Access

Each project is positioned within Croatia’s most vibrant coastal corridor—minutes from two international airports and accessible by ferry every 20 minutes from Split. Korčula enjoys the country’s longest tourist season, is located 100 km from Dubrovnik, and remains shielded from industrialization, surrounded by protected nature reserves.

“The best investment on Earth is earth.”

Louis Glickman

Project Breakdown: Three Phases of Development

Korčula Phase 1:
• Land area: 1650 m²
• Buildable zone: 40% | Green zone: 20%
• Apartments: 13 units (1585 m²)
• Non-living area: 460 m²
• Parking: 12 underground, 4 surface
• Swimming pools: 1–2

Lumbarda Phase 2:
• Land area: 5600 m²
• Buildable zone: 40% | Green zone: 20%
• Apartments: 50 units (3892 m²)
• Non-living area: 1800 m²
• Parking: 50 underground, 20 surface
• Swimming pools: 1

Lumbarda Phase 3:
• Land area: 1120 m²
• Buildable zone: 40% | Green zone: 20%
• Apartments: 6 units (372 m²)
• Non-living area: 133 m²
• Parking: 2 underground, 4 surface

Financial Overview: Conservative Yet Lucrative

Phase 1 – Korčula:

• Budget: €3.14M – €4.88M
• Target Revenue: €8.62M
• Timeline: 36 months

Phase 2 – Lumbarda:
• Budget: €6.95M – €12.64M
• Target Revenue: €20.21M
• Timeline: 48 months

Phase 3 – Lumbarda:

• Budget: €893K – €1.29M
• Target Revenue: €1.87M
• Timeline: 30 months

Sales may begin during construction, with historical trends in Croatia showing property price growth of 20–40% within the build phase. Our financial projections assume a conservative “no-growth” scenario, still demonstrating strong profitability.

Execution-Ready: Legal, Design, and Team Prepared

All projects have approved permits and legal documentation. Our full-spectrum team includes architects, engineers, legal advisors, and project managers ready to begin immediately. Investors can participate passively or as strategic partners, with no delays in ground-breaking or sales launch.

Green Development: Sustainability with Style

Each site reserves 20% for green zones, situated near protected ecological areas. The design vision follows Active House and passive energy standards, ensuring both efficiency and environmental stewardship. Nature is not only preserved—it becomes part of the product value.

Investor Invitation: Build Coastal Legacy

Korčula offers more than just beachfront returns—it is your gateway to a long-term portfolio built on cultural value, legal clarity, and eco-conscious luxury. Whether scaling across all three phases or starting lean, each step is grounded in data, demand, and design leadership.

In a market saturated with short-term gains, Korčula stands apart—a lasting opportunity to create architecture, lifestyle, and legacy. Join us in shaping a Mediterranean success story.