Vacant land - approved urban development plan included with sale: Hotel / Resort with Villas, Condos, Helioport & Marina

Highlights:

• Government approval for Villas, Hotels, Apartments/Condos, Retail/Restaurant & Recreational useage
• Established tourist industry with far greater demand vs. supply
• High demand for newly developed luxury villas - ASK HOW: Flexible for quick return on investment or higher rate of return

Description:

Located on the sun-drenched shores of Hvar, Croatia. World-renowned for 2,800 annual solar hours, crystal-clear waters, historic charm, and vibrant cultural attractions.

With panoramic views of the Adriatic Sea and the surrounding landscapes, the property provides an idyllic setting for an exceptional resort experience.

The site boasts extensive waterfront access, allowing for the creation of luxurious beachfront villas, condominiums, boutique hotels, and exclusive amenities including a Heliport and Marina as documented in its publicly available, government-approved Urban Development Plan.

The generous 140 acre plot accommodates diverse options, from wellness retreats to spa facilities, and recreational spaces, ensuring a comprehensive and immersive guest experience.

A Diver’s fantasy, the Mrtinovnik Cove is only minutes away from the remnants of an ancient Roman sea battle dated around 47 BC. Just a few minutes further in Šćedro, Divers can explore an underwater crash site of a World War II fighter plane.

Hvar’s rich cultural heritage and the site’s natural beauty offer a unique opportunity to seamlessly blend modern luxury with authentic Mediterranean charm.

Hvar’s favorable climate and accessibility further enhance the appeal of this prime development location.

Reportedly, Hvar recently became the epicenter of a historic bidding war between industry giants, US-based Blackstone, and UAE-based Eagle Hills from Luxembourg-based real estate company CPI Property Group. Eagle Hills final bid of 220 million Euros securing the acquisition of the Sunčani Hvar Hotel portfolio including the Palace Elisabeth, Adriana, Amfora, Riva Marina, Beach Bay, Pharos, and Hotel Delfin

This extraordinary resort site in Hvar, Croatia, invites those with a vision for excellence to shape a new destination that will captivate discerning travelers and redefine luxury living on the Adriatic coast.

Don’t miss the chance to be a part of this once-in-a-lifetime opportunity to craft an iconic resort in one of Europe’s most sought-after destinations.