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Investor project: Santo Resort 

ID: 1207457-NIZ/1207457

Investment for sale
€ 546 413 800 (≈ Au$  916 718 000) 
HR-21460 Grad Stari Grad
Splitsko-dalmatinska županija, Croatia

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Finances
€ 546 413 800 (≈ 
916 718 000) 
Investmentsumme
Available according to agreement
Description
SECTOR: HOTEL/APARTMENTS/VILLAS/RETAIL/TOURISM CENTER
INVESTMENTS: € 546,413,800
LAND AREA: 56 hectares with a value of € 100,000,000
AREA: 18.8 hectares of buildable area
MARKETING COSTS: € 24,392,414
MUNICIPAL BUILDING COSTS: € 189,319,685

Santo Resort is a development project for the construction of an integrated 5-star luxury mixed-use resort. The investment covers a total area of approximately 560,000 m² and is zoned for tourism purposes. The planning and development of the resort will be in accordance with EU standards and will respect the environment while maintaining a typical Mediterranean architecture. The aim is to create a place where guests can enjoy large open spaces, far away from the stress of modern life.

Part of the investment relates to on-site hotel facilities, which are operated through management contracts with international companies. These include spas, sports areas, docks, moorings, beach facilities, restaurants and a swimming area. The remaining investment relates to residential and condominium units such as villas and apartments, which are managed directly by the management.
Position
#Hvar
The project is being realized in a picturesque Mediterranean region known for its tourism. The land area of 56 hectares is strategically located and already designated as a building area in the General Urban Plan (GUP). The surrounding area offers great potential for recreation and leisure and appeals to an international audience.
Fittings
Infrastructure: Roads, parks, sidewalks and complete utility lines

Accommodation: Two hotels, residential complexes, villas and apartments

Leisure: Beach facilities, moorings for boats and yachts, sports facilities

Service facilities: Gastronomy, commercial centers, helipad

Planning: Documentation for the entire infrastructure and building permits in progress
Other
Part of the plot is encumbered with a mortgage of € 550,000, the rest is unencumbered.

Croatian law allows extensions of 50% for sports facilities.

An investment company will be established to unify all rights and ownership of the project to ensure transparency and simplicity for future investors.

Translated with DeepL.com (free version)
Disclaimer
Der Autor übernimmt keinerlei Gewähr hinsichtlich der inhaltlichen Richtigkeit, Genauigkeit, Aktualität, Zuverlässigkeit und Vollständigkeit der Informationen. Haftungsansprüche gegen den Autor wegen Schäden materieller oder immaterieller Art, welche aus dem Zugriff oder der Nutzung bzw. Nichtnutzung der veröffentlichten Informationen, durch Missbrauch der Verbindung oder durch technische Störungen entstanden sind, werden ausgeschlossen. Alle Angebote sind unverbindlich. Der Autor behält es sich ausdrücklich vor, Teile der Seiten oder das gesamte Angebot ohne gesonderte Ankündigung zu verändern, zu ergänzen, zu löschen oder die Veröffentlichung zeitweise oder endgültig einzustellen.