Realitica classifieds

Complete Apartment Block For Sale In Vrboska, Hvar Island

Type: House For Sale
District: Jelsa
Location: Vrboska
Price: €830.000
Bedrooms: 15
Baths: 11
Living Area: 800 m²
Land Area: 720 m²
Parking Spots: 6
From Shore (m): 100
Air Conditioning

Description: An entire apartment block for sale in Vrboska consisting of eleven apartments of which eight are fully completed and three in an unfinished condition. The apartment block is currently an ongoing business concern with both residential and business use and with the addition of 6 parking spaces. The plot size is 720m² with floor space of approximately 800m², and there are several terraces and balconies as well as green space with several citrus fruit trees.

The building is insulated externally with 5cm thermal insulation as well as internally. It has a solar power system with two 1,500l hot water tanks as well as a three-phase electrical system in all apartments and with 30cm thick concrete floors.

An excellent opportunity to take over a fully operational rental business with the ability fo rental income on the ground floor units, as the current owner has decided to retire!

The apartment block is located on the north side of the bridge, approximately 150m from the sea and the town centre, Vrboska town is often referred to as Little Venice due to its long inlet and several stone bridges. It has a good selection of cafe bars and restaurants as well as several supermarkets and a post office. The town is blessed with several beaches the most well known being Soline, which is partly fine shingle/sand. Jelsa is a few km away and is approached along a coastal road/path which is on the flat so ideal for cycling. Jelsa has a daily catamaran service provided by Jadrolinija to Split, via Bol on the island of Brac. In the opposite direction, about 4 km away is the town of Stari Grad which has the ferry port to Split, Jadrolinija has a comprehensive timetable in the summer months offering at least four ferries during the day.