Investment opportunity in Brela, Makarska Riviera
Central Dalmatia, Croatia   Ref: A-hvcd-1064
Property: 250 + 450 m²     Land: 850 m²
Price: 450,000 €

Description of real estate

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Investment opportunity in Brela in the Makarska Riviera on the Dalmatian Coast, Croatia. Property is situated next to a green belt on a 850 m² plot, including 650 m² of forested land, with unobstructed views from all floors of the sea and islands. Only 75 metres from the sea and 100 metres from the beach. Existing building is 250 m² on two floors. The house has planning permission for 450 m² more living space on three more floors, making a total of 8 to 11 apartments for rent or for resale.

The existing ground floor apartment of 102 m² is renovated and furnished to a high standard, with large living area, two bedrooms, a bathroom, a modern fitted kitchen and air-conditioning. The second floor of approximately 150 m² is built but needs finishing.

To the west there are the fabulous beaches of Brela with all the amenities, such as cafés, bars, restaurants, jet-ski hire, boat hire, etc. To the east, in the green belt, are quiet beaches set in pine forests (also includes a nudist beach).

There are several possibilities for the property. It is best suited as a development project for 8 to 11 apartments either for rent or resale, but it could be used as a holiday home by finishing the existing structure (the ground floor is perfectly habitable now). Brela has one of the longest seasons in Croatia, with renting guaranteed between June and September.

All papers are clean, with no complications for purchase, and furniture is included in the price.

© Dalmatian Coast Property, 2004