€595,000Hvar · Central Dalmatia
House, For Sale, Hvar, 210 m2, Detached House
210 m² · 7 rooms
Zastražišće · Central Dalmatia · Croatia
Large Estate 90,209 m², Agrotourism Potential, Zastražišće, Hvar
For sale · Land · Reference IB-12148
€1,000,000
Key facts
- Price
- €1,000,000
- Plot area
- 90,209 m²
- Distance to airport
- 24 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
Large Estate 90,209 m², Agrotourism Potential, Zastražišće, Hvar Located on the eastern side of Hvar Island, above the village of Zastražišće, lies a spacious agricultural estate covering a total area of 90,209 m². The land consists of five separate yet connected parcels forming a single unit, positioned directly along the main road connecting Zastražišće and Gdinj. The property is accessed via a direct entrance from the main road. The entire estate is encircled by a wide circular gravel road, providing easy access to all parts of the land and facilitating agricultural work and organization. The land is planted with approximately 700 olive trees, along with around thirty fig trees, twenty almond trees, several carob trees, and rows of lavender. The cultivation is based on traditional methods, and remnants of past viticultural activity are still visible through the presence of old sulphate wells and three large stone cisterns once used for water storage. The property includes three traditional stone huts and one "bunja" (dry-stone shelter), originally used as shelter and tool storage, now offering potential for preservation and incorporation into an authentic agrotourism experience. With its size, location, and existing features, the land offers numerous possibilities – from continued agricultural production and olive cultivation to the establishment of a family farm (OPG) or development of agrotourism and complementary activities. According to current spatial planning regulations and laws, it is possible to build agricultural facilities such as storage buildings, olive oil mills, tasting rooms, drying rooms, and similar structures, as well as to restore the existing traditional buildings while preserving their original architectural character. The estate is situated in a highly attractive location with panoramic views stretching in all directions – northward towards the Makarska Riviera and the peak of Mt. Biokovo (Sv. Jure), southward to Korčula and Pelješac, eastward to the village of Gdinj, and northwestward to the islands of Brač and Šolta. Hvar, known for having the most sunny days in Croatia, has long been rooted in agriculture – from olive growing and viticulture to the cultivation of aromatic herbs. The eastern part of the island, especially the area between Zastražišće and Gdinj, is renowned for its traditional rural landscape shaped by dry-stone walls, “bunje,” and olive groves, reflecting a long history of harmonious coexistence with nature. In recent years, this area has become increasingly attractive to investors and farmers seeking peace, fertile land, and the potential to develop sustainable and authentic projects.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
