VERY Rare Real Estate Indeed: Who Wants to Live on Palmizana, Paradise Near Hvar?

Total Croatia News

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June 13, 2018 – Hardly anyone lives there, but it is once of the most idyllic places on the Adriatic – a VERY rare opportunity to own on the fabled Pakleni Islands near the island of Hvar. 

Straight from the pages of Croatia Sotheby’s International Realty – a true gem which will surely not stay on the market long: 

The Lagoon complex, a unique complex with villas and a well-known restaurant that can be transformed and upgraded in different ways.

Located in a dreamy location of the Vingradišce Lagoon of Palmižana, a short boat ride from Hvar town, this formerly family owned and run property truly is a luxury dream getaway. On more than 1800 m2 of land ten objects were built with different stories and purposes.

One of them is the exquisite fine-dine local restaurant which is capacitated for work both during winter and summer season.

Marvellous terrace extending along the sea throughout the plot is home to 15 seventy-year-old palm trees, over five meters tall, and has the most memorable view to the open sea.

The potential in this complex lies in its residential capacities that can be merged into a small 5* hotel. The rooftops of the existing buildings are equipped with solar panels to be completely in compliance with a 100-year-old pine tree forest that extends on the island. Current objects are built as apartments.

The beauty of this complex with its villas is that it can be transformed and upgraded for residential or economy purposes. There is also a possibility for applying for a concession for yacht berths.

It is also located in the middle of the protected scenery what means that no construction other than the existing is allowed in this area.

Besides the exclusive location and a unique land, this investment opportunity also offers the story that existed here more than two decades that will serve as the empty canvas for new ideas and projects.

For more details and to book a viewing, contact Croatia Sotheby’s International Realty.













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