Pučišća

Property

Ownership: Mixed Use
Type: Mixed Use
Pets: Pets Unknown
Area: 177487M² (1910454.0 sq ft)

Financials

Price: €26,500,000
($28,355,000)
Renata Vucic
Market Manager
Zagreb
Shawn Elliott
President of the Ultra Luxury Division
Nuno Franco
Managing Director - Portugal
Tiana Taylor
Licensed Real Estate Salesperson
Gundulićeva ul. 18

Description

Premium turistic project on island Brač, Croatia. The property is situated on the most beautiful part of an amazing Adriatic bay. Once finished the complex will include a top standard hotel, luxurious villas, apartments, marina, village, beach and other leasure and recreational areas.


MICRO LOCATION: Brač is located in Central Dalmatia, in front of Split.

25 km from Brač airport. From Split airport, only a 35 minute ride by car to Split ferry port.

Less than an hour with ferry from Split (daily route Split – Supetar). One hour with ferry from Makarska (daily route Makarska – Sumartin). Waterfront property, municipality of Pučišća. Located on the north-eastern part of Brač, in secluded bay near small settlement Pučišća – often listed as one of the prettiest villages in Europe. Third largest Croatian island and largest island in Dalmatia region. Zlatni rat (Golden Cape) beach on Island of Brač - regularly listed as one of the most beautiful beaches in Europe. Stones from island used for building some of the well-known world structures (The White House in Washington, Parliament House in Vienna and Budapest, etc.) Brač is the only island in Dalmatia with International airport.


Land for mixed-use development: 177,487 m2 development land, located on Island of Brač, Split-Dalmatia County, Croatia. Waterfront fully owned property.

Envisioned development of high-end resort (85-key hotel, 35 villas, 110 apartments, 50-berths marina) with 700 beds.

Urban plan (UPU) „Luka" separated area of hospitality and tourist purpose (T2) with aquatorium.

Plot is surrounded and covered by untouched nature - typical Mediterranean flora and diverse in terms of elevation.

Site benefits from the views on the bay and the opposite side including few smaller bays / beaches and hills.

Utilities (electricity, telecommunications) available at the point of 1.8 km from location, while water pipes are available at the point of 1.4 km from location.

Envisioned development: Accommodation facilities with a total of 700 beds and 230 keys. Hotel – 85 keys, villas - 35 keys, apartments – 110 keys, marina – 50 berths.

  • Recreation zone:zone area: 34 060m2 , gross area: 670m2
  • Luxury villas: zone area: 41 537m2, objects: 25 villas, gross area: 14485m2
  • Hotel:zone area: 29 965m2, accommodations: 85 rooms, gross area: 15 407m2
  • Village: zone area: 12 953m2, gross area: 4500m2
  • Apartments:zone area: 28 867m2, objects: 110 units, gross area: 13 000 m2
  • Hotel villas:zone area 12 208m2, objects: 10 villas, gross area: 3 500m2
  • Marina: capacity: 50 boats

ZONING: Urban plan (UPU) "luka" is in place, planned for the construction of accommodation facilities, catering facilities with touristic purpose for hotels, villas, apartments as well as sports, recreational, entertainment, shopping and other facilities. A small marina can be built with a capacity of 50 berths.

Project can be acquired in one of two options:

1. Project in its current condition:

  • Land is fully owned (100%) by one owner and there are no encumbrances,
  • UPU (Spatial plan) in place
  • Concept design in place
  • Location permit and building permit for the access road

2. Project with:

  • a. Constructed access road (1,850 m) with all infrastructure to the zone, which includes; electricity contact point, base station for water reservoir (not the reservoir itself), equipped electrical substation, underground telecommunication network.
  • b. Obtained location or building permit for the zone.

Economic & Tourism Overview: Croatian GDP picked up in Q1 2021 by 5.8% compared to the previous quarter

-Easy accessibility to Europe and World, great road, air and sinefarastructure

-Croatia is in Eurozone and Schengen

-Croatian tourism has proved resilient and the 2021 tourist season is at >80% of 2019

-Strong demand for second home from foreigners

Premium turistic project on island Brač, Croatia - investment opportunity


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.