Korčula

As of June 2026, Korčula, Vela Luka, Orebić have 2,039 active Airbnb and VRBO listings. This represents a 14% decrease from the previous year.

The average Airbnb or VRBO in Korčula generates kn91K per year. High-performing properties earn kn464K/year, while low-performing properties earn kn40K/year. This massive revenue disparity highlights a market where top-tier assets capture a disproportionate share of total demand, suggesting that standard listings are currently struggling to gain traction amidst the contraction in overall market revenue.

Airbnb and VRBO can be profitable in Korčula. Average annual revenue is kn91K with 26% occupancy. High-performing properties earn up to kn464K/year. The 26% occupancy suggests low utilization, yet the high-end revenue ceiling implies that significant yield potential exists for assets capable of outperforming the average inventory significantly.

The average occupancy rate for Airbnbs and VRBOs in Korčula is 26%. This occupancy level, combined with an average nightly rate of kn1K, results in a RevPAR (revenue per available room) of kn129 per day.

4+ bedroom properties demonstrate the strongest performance in Korčula, with annual revenue of kn254K. These properties balance operating costs and rental demand most effectively in the Korčula market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Korčula area. Korčula: Moderate. Registration with Ministry of Tourism required, OIB tax number mandatory, fire safety standards. Tourist board conducts inspections, enforcement increasing but inconsistent. Vela Luka: Moderate. Same national registration requirements as Korčula, categorization needed. Limited local enforcement capacity, mostly complaint-driven inspections. Orebić: Moderate. Ministry registration and categorization required, local tourist tax collection. Light enforcement due to small municipality size, focus on major violators only. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Korčula Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 14% year-over-year, while RevPAR has decreased 38%. This indicates balanced supply-demand dynamics. The simultaneous drop in supply and revenue suggests that the market is recalibrating as weaker listings exit, potentially stabilizing the competitive environment for remaining operators.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 22% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-February) when gaining traction is harder.

The most common amenities in Korčula listings include: Air Conditioning (96%), Kitchen (84%), Tv (76%), Balcony (66%), Washing Machine (58%). Amenities that boost revenue the most include Gym, Pool, Hot Tub, with Gym properties earning approximately 126% more (kn447K/year vs kn198K/year).

Monthly estimated revenue per listing in Korčula over the last 12 months: May: kn3K, June: kn8K, July: kn12K, August: kn12K, September: kn6K, October: kn2K, November: kn571, December: kn716, January: kn294, February: kn152, March: kn458, April: kn2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Korčula is kn1K, up 15% year-over-year. By property size: 1-bedroom properties average kn703/night, 2-bedroom properties average kn1K/night, 3-bedroom properties average kn2K/night, 4+ bedroom properties average kn3K/night. Rates peak in August and are lowest in February.

Guests in Korčula book an average of 30 days in advance, down 36% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 30 days, 3-bedroom: 32 days, 4+ bedroom: 34 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Korčula Airbnb and VRBO market has seen the following changes: supply declined 14%, revenue per listing decreased 38%, occupancy fell 8%, average nightly rates increased 15%, and lead time decreased 36%. These metrics point to a tightening market where hosts are pushing higher rates despite lower occupancy and shorter booking windows, reflecting a shift in consumer behavior.

In Korčula, Wednesday sees the highest booking demand while Sunday has the lowest. Nightly rates peak on Tuesday and are lowest on Sunday.