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Building plot and project for a marina and luxury villas

95%

€12.000.000

Land

#34076

Value-Add, Opportunistic

10 Mar 2024

Property Details

Broker

For sale

170,000 m²

Freehold

Other

72,000 m²

There is already a completed main project on the property with plans to build villas offering a Mediterranean living experience, combining privacy with unobstructed sea views. The planning of the project, including the development of the urban development plan (UPU), takes place in parallel with the sales process.

Building land for sale with a project for villas and a marina. It is located in the northwestern part of the coast of the island in the Zadar archipelago and covers the tourist zone T2/T3 with a total area of 170,000 m2. Villas, apartments, hotels, restaurants and shops can be built within this zone.

X

Fees

0.00 %

3.00 %

1.60 %

1.00 %

0.40 %

Investment Overview

The property extends over 70 hectares (72,648 m2), including 800 meters of coastline. The site slopes gently to the southwest, offering panoramic views of the channel and islands. This location promotes peace and relaxation, supported by excellent connections to the mainland, regular ferry and boat routes to Zadar and proximity to the motorway, motorway and airport. A small bay with direct access to the sea offers the potential to build your own marina to meet the growing demand for such idyllic locations. It is divided into three zones: agriculture, horticulture and the coast with a seafront promenade, a beach and a jetty. Taking reserves into account, gross profit is expected to be around EUR 20 million, with a margin of 40%. There is also the possibility of taking over the company that owns the land.