Friday, 27 January 2023

Croatian Love Island Galešnjak Put up for Sale for 13 Million Euros

January 27, 2023 - An interesting ad appeared online, selling a part of the heart-shaped island Galešnjak, also known as the Croatian love island. The price is 13 million euros, or, to use the former Croatian currency, about 98 million kunas.

Morski cites the ad, originally published on Index. "A heart-shaped island with approximately 142,000 m2, of which slightly more than 30,000 m2 are for sale which is, of course in one piece and spread on more than 500m of sea shore. Now one more parcel added and joint together in one piece bigger then 40 000 m2! You can do something really unique with this real estate, especially when you have guests with yachts like Beyonce and Jay Z (Beyonce even celebrated birthday there), Jeff Bezos, Michael Jordan, etc. parked all the time".

As one of the options, the ad suggests starting an agricultural trade.

"One of the options is opening OPG! An agricultural farm that can be worked on an area of ​​three hectares. In addition, 400 square meters of above-ground buildings and 1,000 square meters of underground buildings can be built. What is an excellent opportunity for agricultural elite tourism with a villa and/or restaurant and a large warehouse for olives, wine, and other herbs..."

"That's right, three hectares of the island have been advertised for sale. The interest is relatively high for now, and some investment funds have shown the most serious interest, Silvestro Kardum, the seller's representative, confirmed for Zadarski.

"I don't have a real estate agency; I am just helping the owners with the sale. These are four connected plots owned by several people, with a total area of about 32-33 thousand square meters. There are maquis trees on that land, and there used to be olive trees. All ownership documents are in order, and the owners are registered. The owners are from Mrljan on the island of Pašman. The owners of the rest of the island were not interested in selling", adds Silvestar, who believes that he will succeed in selling part of the most famous Croatian island.

"According to the existing law, it is possible to build a villa or a restaurant with an area of 400 square meters and another 1,000 square meters of basement space in such an area with OPG for growing olives or vines. The investment could certainly pay off", he emphasizes.

The ad states that the plots for sale are located about 500 meters from the coast.

The island of Galešnjak in the Pašman channel is one of the most recognizable Croatian islets, and Brightside once included it in its list of 20 wonders of the world. In 2019, scientists from the Department of Archeology of the University of Zadar discovered that people lived there more than 7,000 years ago.

For more, make sure to check out our dedicated News section.

Search