Dubrovnik, old stone house for sale, 2.600.000 €, ID: 4723
- 1.000 m²
- 2.900 m²
- 40
- 20
- 30 m
- Sea view
Property description
An exceptional property located at the source of the Omble, the shortest river in the world.
The property is located in Rijeka Dubrovnik, known as the bay of palaces dating back to the 15th century.
It is a former pasta factory where it is possible to build approximately 40-80 apartments of 80-90 m2, hotel accommodation and a restaurant on the ground floor of the building.
The property also has a chapel from the 16th century, which is located on the plateau behind the building and can be used as a location for weddings or other ceremonies.
Even in this condition, the property itself is very visited, especially in the season due to its natural beauty and waterfalls.
Given that the property is located near the ACI marina, it is possible to access it from the sea side. It takes 15 minutes to drive to the center of Dubrovnik and 30 minutes to the airport.
It is possible to buy the property in whole or in part, and it is owned by a Croatian company.
More about Dubrovnik
Dubrovnik barely needs further introduction but this medieval walled city with its polished limestone pavements laid out to a plan 600 years old is a magnet for tourists from around the whole world. It is regularly on the list of 'Must see places on earth'. It has its own international airport, is a busy yachting destination and is close to Mljet National park. People looking for an exotic wedding location, the huge numbers of honeymooners and cruise ships stacked up outside the harbour are all indications of the increasing popularity of this town to visitors.
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It was damaged and repaired following the Balkan war in the 1990's which perhaps even added to its reputation.
People who bought property in Dubrovnik after the war would by now have seen a massive rise in Dubrovnik real estate prices. Most believe as we do, that the apartments and villas in Dubrovnik will see further rises in prices for the foreseeable future.
Tourism is now a 52 week a year industry and Dubrovnik property, whether commercial or residential will reflect this. Another factor affecting the prices of villas and apartments in Dubrovnik is the geographical lay out of the town. It is impossible to build further property in Dubrovnik and the surrounding area as it is a walled city surrounded by steep cliffs.
However, property in Dubrovnik does come up for sale and the nearby villages have some of the best value villas on the Dalmatian coast. The Dubrovnik area is one of the few where foreign buyers are buying Croatian property away from the coast in the lush green valleys.
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