Immobalko

Zastražišće · Central Dalmatia · Croatia

Building Plot with Existing Structure, First Row to the Sea – Zastražišće, Hvar

For sale · Land · Reference IB-12147

€450,000

Key facts

Price
€450,000
Plot area
801 m²
Distance to airport
22 km
Online for 11 days

Investment overview

Central Dalmatia currently has 28 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

What we deliberately do not calculate
  • Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
  • Occupancy and seasonality. That would need booking data, which we do not collect.
  • Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
  • Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

Building Plot with Existing Structure, First Row to the Sea – Zastražišće, Hvar In the sheltered bay of Smrićevica, on the northern coast of Hvar Island, lies a building plot with a total area of 801 m², located in the first row to the sea, within the construction zone of the settlement Zastražišće. This is a rarely available property that combines a highly attractive micro-location, development potential, and an existing legal structure, with established infrastructure and road access. The land consists of three connected parcels of regular shape, gently sloping upwards to provide open sea views from all levels. The location is ideal for building a family home, holiday villa, or a smaller tourist property, with additional amenities such as a pool, terraces, or auxiliary buildings. A legal structure of 45 m² already exists on the plot, built under a valid building permit. The building is unfinished and functionally arranged as an apartment with one bedroom, kitchen, dining area, bathroom, and hallway. It can be completed, repurposed as an auxiliary building, retained, or removed depending on the future owner's plans. The land is located within the urban construction zone, and access is provided via a mostly asphalted road, with the final 100 meters being a wide, maintained gravel road suitable for all types of vehicles. The plot is connected to the electricity grid, and water is supplied from a local central source, a common solution in this part of the island — suitable for daily use (excluding drinking). In the lower part of the plot, directly by the sea, the owner uses a designated space for pulling out a small boat onto a dry berth, which adds practical and functional value to the location. Smrićevica Bay is part of the coastal area of Zastražišće, a settlement on Hvar’s northern side. The bay is naturally protected, with very few buildings and almost untouched nature. Crystal-clear waters, peace, and privacy make it an ideal setting for a private retreat, yet it remains close to the main road and ferry ports. Hvar is one of Croatia’s best-known and sunniest islands, famous for its blend of natural beauty, cultural heritage, and modern Mediterranean lifestyle. In addition to towns like Hvar, Jelsa, and Stari Grad, the island is full of smaller, authentic villages and quiet coves that preserve their original character. Zastražišće is one of the oldest villages on the island, located inland, and its coastal zone includes this bay. It is only a few minutes’ drive from the main island road, providing easy access even during the high season. Hvar is well connected to the mainland. Daily ferries run from Split to Stari Grad (approx. 2 hours) and from Drvenik to Sućuraj (30 minutes). In addition to ferries, catamaran lines connect the town of Hvar with the mainland, offering fast service for passengers without vehicles. With a well-developed network of island roads, Hvar ensures easy and convenient access to all major and minor settlements, and Zastražišće stands out as a location that offers both peace and accessibility. This property represents a rare combination: a building plot in the first row to the sea, with a legal structure, full infrastructure, and open views, in a bay that preserves authenticity, serenity, and natural beauty. A true rarity on the market for those seeking more than just a location.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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