Immobalko

Novalja · Northern Dalmatia · Croatia

Novalja, Pag, luxury villa complex and building land for sale

For sale · Villa · Reference IB-18268

€3,000,000

Key facts

Price
€3,000,000
Price per m²
€4,286/m²
Living area
700 m²
Plot area
3,410 m²
Rooms
10
Bedrooms
8
Bathrooms
10
Distance to airport
39 km
1% above the regional average (Region average: €4,264/m²)Online for 0 days

Investment overview

Northern Dalmatia currently has 5 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

In an attractive location in Novalja, on the island of Pag, an exclusive complex consisting of two luxury 5 star villas and two building plots with a total area of 1,390 m² is offered for sale. The entire property is sold exclusively as one unit and represents a rare investment opportunity in premium tourist accommodation with additional development potential. Each villa offers approximately 350 m² of living space and is situated on a private plot of approximately 650 m². Designed with an emphasis on comfort, privacy and quality, each villa is arranged over two levels and features four bedrooms, each with its own private bathroom and balcony. The ground floor comprises a spacious living room with fireplace, kitchen and dining area, bathroom, games room and utility room. The games room is equipped with a PlayStation and billiard table, making the villas particularly suitable for families and larger groups. The outdoor area of each villa provides a private space for relaxation and enjoyment, featuring a heated swimming pool, jacuzzi, barbecue and outdoor shower. Spacious enclosed gardens ensure a high level of privacy, while decking terraces and glass railings enhance the villas' contemporary architectural character. The villas are equipped with modern technology and operate as smart homes that can be controlled via an app. Each bedroom, as well as the living room and games room, features a SMART TV. For year round comfort, the villas are equipped with a Daikin air conditioning system, while underfloor heating in the bathrooms provides an additional level of comfort. Particular attention has been paid to the quality of the interiors and the selection of materials. The furnishings combine natural walnut wood, parquet flooring and decorative Brač stone, while the staircase combines glass, wood, stone and LED lighting. Electrically operated lift and slide doors, shutters and blinds further enhance the functionality and contemporary standard of the property. Video surveillance and alarm systems provide additional security. In addition to the villas, the sale includes two building plots with a total area of 1,390 m², located directly next to the existing complex. The plots represent an additional asset and offer potential for the development of further facilities, subject to the applicable spatial and urban planning regulations. Novalja is one of the most renowned tourist destinations on the Adriatic, known for its attractive beaches, well developed tourism infrastructure and strong demand for high quality accommodation. The combination of two fully equipped luxury villas, private heated pools and jacuzzis, advanced technology and additional building plots makes this property particularly attractive for continuing an established tourism business as well as for a long term investment. In addition to the villas and building plots, the sale also includes a private access road providing access to the entire complex. The villas and building plots are sold exclusively together. For any additional questions or to arrange a viewing of the property, please do not hesitate to contact us. ID CODE: 50512365 Ivan Jelaska Mob: +385 91 288 0082 Tel: +385 91 2880 080 E-mail: ivan@luvarealestates.com www.luvarealestates.com

Location

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

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