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Building land for Sale

Novalja
€ 450,000
500 m²

Note

Listing updated on 05/24/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: 527

In the attractive location of Gajac, right next to Novalja and in the immediate vicinity of the world-famous Zrće beach, a unique investment opportunity is available. Gajac is a peaceful yet strategically positioned area that combines proximity to the island’s liveliest tourist hub with privacy and exclusivity, making it a highly desirable location for the development of high-end real estate.

This offer is ideal for an investor who recognizes the value of partnership and the potential for a high return on investment. The current owner and developer is offering a partnership model to jointly complete the construction of an already initiated project. Excavation and the foundation slab have already been completed, and work is scheduled to resume in the autumn/winter period following the summer break. The project is expected to be completed by autumn 2026.

Important: Under the proposed model, all construction and project execution will be carried out solely by the current investor. The second investor enters the project with no operational responsibilities (“clean hands”), yet receives an equal share of the property.

The agreement would be structured as a joint venture, granting the partner co-ownership of the land and project, with a 50/50 share in the building’s total square footage.

The projected selling price of the completed units ranges from €4,200 to €4,800 per m², which is below the current market rate for this micro-location. The expected return on investment is approximately 70% over 18 months, making this a rare opportunity in the real estate market.

Why is this an opportunity you don’t want to miss?
Location: Gajac – one of the most sought-after districts near Novalja and Zrće
Works already started: Accelerated timeline and reduced risk
"Clean hands" model: The partner has no building obligations but gains equal rights
Partnership model: Clear shares, legal security, and equitable distribution
High ROI: 70% projected profit in 18 months
Lower entry price per m² compared to market value

For more information, partnership structure, and project documentation, get in touch with us today.

Invest smart – building the future, sharing success.

ID CODE: 527

Luka Jelić
Suradnik u procesu obuke
Mob: +385 99 299 3188
Tel: +385 51 640 777
www.maison-nekretnine.com
If you want to know more, you can talk to Luka Jelić.
Features
Contract
Sale
Type
Building land
Surface
500 m²
Street access / right of way
On the motorway
Price information
Price
€ 450,000
Price per m²
900 €/m²
New
Discover every corner of the property
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