Novalja, Gajac - Exclusive investment opportunity on the island of Pag
In an attractive location in Gajac, right next to Novalja and in the immediate vicinity of the world-famous destination Zrće, a unique investment opportunity is available for a partnership development of an already started project. Gajac is a quiet yet strategically located area that combines proximity to the liveliest tourist center with privacy and exclusivity, making it an exceptionally desirable location for high-end real estate development.
The offer is intended for an investor who recognizes the value of partnership and the potential for a high rate of return. The current owner and investor offers a cooperation model in which the completion of construction on the already started building is carried out jointly. Excavation and the foundation slab have already been completed, and the continuation of works is planned for the autumn/winter period after the summer break. Completion of construction is planned by autumn 2026.
Under the cooperation model, the entire construction and execution of the project is carried out exclusively by the current investor, while the other investor enters with a clean slate, without operational obligations, but with equal rights in the distribution of floor area. The contract would be defined as a partnership, whereby the partner would acquire co-ownership of the land and the project, with an equal 50/50 share in the building's floor area.
- Location: Gajac, near Novalja and Zrće
- Started works: Excavation and the foundation slab have already been completed
- Cooperation model: Clean slate
- Partner's execution obligations: The partner bears no operational or execution obligations, but has an equal share
- Partnership model: Clear shares, legal security, and division of assets
- Share: 50/50 in the building's floor area
- Expected sale price of the completed property: from 4.200 to 4.800 EUR/m²
- Market position: Below the current market price for this micro-location
- Expected return on investment: around 70% within 18 months
- Object ID: 527
For additional information, the legal structure of the cooperation, and project documentation, contact us today.