Land plot first row - island of Vis

Land/allotment designated for development of commercial tourist facilities (villas, apartments, boutique hotels) of 51000 m2.

Relevant information:
• First from sea (spreading from approximately 15m to 400m from the coastline)
• 25% of area predicted for buildings (villas/apartments on 2 levels, central building/hotels on 3 levels) and sport/recreational facilities
• Additional facilities may be allowed above the 25% build-permit area (e.g. parking space, restaurants, playground, etc.)

Infrastructure:
• Road access
• Electricity sub-station in vicinity
• Proposed zoning plan provides for water connection

Investment alternatives:
• Purchase of the entire property
• Joint venture or partnership with the owner
• Long-term lease
• Purchase with various payment options

Price/valuation:
• Depends on the investment alternative, and transaction structure and type of consideration paid.