Building land for sale with a project for villas and a marina. Located on the northwestern part of the coast of the island in the Zadar archipelago, it includes the T2/T3 tourist zone with a total area of 170,000 m2. Villas, apartments, hotels, restaurants and shops can be built within this zone.
The plot covers 7 hectares (72,648 m2), including 800 meters of coastline. The terrain slopes gently to the southwest, offering a panoramic view of the channel and the islands.
This location encourages rest and relaxation, supported by excellent connections with the mainland, regular ferry and boat lines to Zadar, and proximity to the highway, highway and airport.
The land already has a finished main project with plans for the construction of villas that will provide a Mediterranean living experience, combining privacy with an unobstructed view of the sea. The planning of the project, including the development of the urban development plan (UPU), will take place in parallel with the sales process.
A small cove with direct access to the sea offers the potential to build its own marina and yacht harbor, responding to the growing demand for such idyllic locations. It is divided into three zones: agriculture, horticulture and the coast with a coastal promenade, a beach and a boat dock.
The estimated costs of infrastructural development, construction of villas and marketing amount to around 50 million euros, while the potential revenue from sales is estimated at around 70 million euros.
Considering the reserves, a gross profit of approximately EUR 20 million is expected, with a margin of 40%. There is also the possibility of taking over the company that owns the land. Construction is planned to begin by the end of 2023.
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