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A small town in the south-western part of Krk Island, the second-largest Croatian island in the Adriatic lying in Kvarner Bay near Rijeka, Punat can be reached easily via the bridge connecting the island with the mainland. Its broad and sheltered bay (Puntarska Draga) with the picturesque small island of Kosljun in its middle is a haven for pleasure boaters, and contains one of the best-equipped marinas on the eastern Adriatic Coast, and hosts events such as the Croatia Cup Regatta. Famous for its olive oil, Punat is also the site of an annual festival called Olive Days, which happens in late October and early November.