Huge land for hotels construction on Krk peninsula on the first construction line to the sea

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 3

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 4

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 5

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 6

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 7

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 8

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 9

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 10

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 11

Huge land for hotels construction on Krk peninsula on the first construction line to the sea - pic 12

Property price:

€ 13 700 000

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Ref:

RE-AB-TORK

Region:

Kvarner › Island Krk

Location:

Krk

Type:

Land plot

Seafront:

Yes

Sea view:

Yes

Distance to sea:

1 m

Plot size:

273 925 m²

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Property description:

Huge plot on the Krk Peninsula!
It is on the first construction line to the sea cca 120-150 meters from the beachline across the pinewood!

Has a total area of 273 925 m2. There is a beautiful pine forest on the plot.

The land of 149,500 m2 belongs to the building area.
The land plot is meant for touristic development. Total potential touristic capacity is 800 beds divided between 600 beds in a 4**** star hotel and 200 beds in luxury villas.
The water supply, sewerage, power supply lines are not suitable for the site.
It is required to lay 500 meters of the road.
Price is cca. 50 eur per sq.m.
Overall investment required to built the resort is cca. 60 mln euro.

Unique land for contemporary development in the area of Kvarner.

Remember the word of Mark Twain - "Buy land, they're not making it anymore"

Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.

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Huge land for hotels construction on Krk peninsula on the first construction line to the sea

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