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Split-Dalmatia County

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PENTA SPLIT NEKRETNINE
PENTA SPLIT NEKRETNINE
Presented At
€4,140,000
Living
247,570
SQFT
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Split-Dalmatia County, Croatia.

Hvar - Jelsa building land in T zone

Don’t miss out on this incredible opportunity to own a 23,000 square meter building land in Vitarnja with breathtaking sea views. Priced at 4,140,000€, this exceptional property is situated in a T2 building zone, allowing for the construction of hotels exclusively.

The expansive land offers ample space for the development of a prestigious hotel complex. Imagine creating a luxurious retreat where guests can indulge in panoramic sea views, stunning sunsets, and unforgettable vacations.

Located in Vitarnja, the land enjoys a prime location near the coastal area and in close proximity to various tourist attractions. With easy access to major transportation routes, guests can enjoy convenient travel.

Seize this unique investment opportunity to build a remarkable hotel on this 23,000 square meter land in Vitarnja. Contact us today to schedule a viewing and discover the endless potential of this captivating property with sea views.

  • The area marked in red on photos is an approximation and actual dimensions may vary.<br/><br/>Total surface approximately: 23,000m²<br/><br/>First price is set at: 4,140,000

Property

Map showing Split-Dalmatia County, Croatia.

Property Location

Split-Dalmatia County, Croatia.

Local Weather & Climate

Property Location

Current Conditions Updated recently
59 °F
Scattered clouds
Feels Like 58°F
Humidity 66%
Wind 5 mph
Visibility 6.2 mi
Sunrise 5:09 AM
Sunset 4:56 PM
5-Day Forecast
Fri 13 Mar
Clouds
High 58°
Low 55°
Sat 14 Mar
Clouds
High 57°
Low 49°
Sun 15 Mar
Rain
High 57°
Low 55°
Mon 16 Mar
Clouds
High 60°
Low 55°
Tue 17 Mar
Clouds
High 60°
Low 51°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around this area?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in this area. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $414,000,000 20% down ($82,800,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$35,575
$35,575/day
Your home may appreciate while you sleep
$249,709/week $1,082,071/mo $12,984,847/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$227.8M
vs
OWN 📈 +$323.2M
$323.2M Potential Equity
vs $227.8M lost to rent over 10 years
$82.8M Down Payment Growth
3.9x
10yr
$323.2M
8.1x
20yr
$669.0M
12.6x
30yr
$1,045.6M
Wealth Comparison
×2,490
Equivalent to 2,490 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $1,045.6M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $487.6M +18%
Market $563.8M +36%
Optimistic $650.6M +57%
$323.2M est. equity
20 Years
Conservative $574.2M +39%
Market $767.8M +85%
Optimistic $1,022.4M +147%
$669.0M est. equity
30 Years
Conservative $676.2M +63%
Market $1,045.6M +153%
Optimistic $1,606.7M +288%
$1,045.6M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This property offers 247,570 square feet of living space.
This property is listed at $414,000,000, which equals $1672 per square foot.
Based on current market indicators, this area shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
PENTA SPLIT NEKRETNINE

PENTA SPLIT NEKRETNINE

PENTA SPLIT NEKRETNINE

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