Realitica classifieds

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

Type: Land For Sale
District: Krk
Location: Krk
Address: Island Krk, Krk
Price: €13.700.000
Land Area: 273.925 m²

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" From Shore (m): 1. Ref: RE-AB-TORK