For investors: building land with additional development offer

Krk, Primorsko-goranska županija
REF: 143848
€625,000
733m²

Property Details

Building land with an area of 733 m2 is for sale in a quiet part of the town of Krk, less than 5 minutes walk to the beach and 10 minutes to the town center.

Construction possibilities

Construction of three types of buildings is possible, depending on the investor's needs:

Family house: maximum building coefficient of 0.23, utilization coefficient of 0.40, permitted height is 7.5 m (basement and two above-ground floors).

Multi-family house: maximum building coefficient of 0.23 and utilization coefficient of 0.65, maximum height of 10.5 m (basement and three above-ground floors).

Residential building: maximum building coefficient of 0.23 and utilization coefficient of 0.65, and maximum height of 10.5 m (basement and three above-ground floors).

In addition to the building land, there is also an additional offer: land within the sports and recreational zone, where the following possibilities exist:

  • Sports facilities: construction of open and semi-open playgrounds, sports halls, and swimming pools.
  • Auxiliary buildings: changing rooms and other accompanying facilities necessary for the system's operation.
  • Commercial facilities: spaces for hospitality and retail activities as well as supporting service activities.
  • Additional amenities: development of recreational and entertainment programs within the zone.

Investment potential and ROI strategy

The development of the sports and recreational zone is not only an infrastructural addition but also a key generator of long-term returns and stable cash flow. Besides significantly increasing the market attractiveness and price of surrounding residential units, this model allows diversification of income through several channels:

  • Operational profit: direct income from booking fees (courts, halls), memberships for fitness and wellness facilities, and ticket sales.
  • Commercial leasing: stable passive income through renting spaces for hospitality (restaurants, cafes) and specialized shops.
  • Year-round tourism: valorization through sports preparations, tournaments, and camps, activating the location's potential beyond the main season.
  • Event management: organization of corporate team buildings, competitions, and social events.
  • Increase in property value: synergistic effect that raises the selling price of nearby apartments by 15-25% due to the premium "lifestyle" offer.
  • EU co-financing: possibility of recovering part of capital investments through non-refundable funds intended for green and sports infrastructure.

This approach ensures that the land becomes a self-sustaining business system with high resilience to market changes. For a detailed analysis of spatial possibilities and insight into the complete presentation, please contact us.

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This property is marketed by

Karlo Grgurić

karlo@sanpatrik.eu

+385 91 5553 764