This spectacular waterfront estate on the Island of Rab offers an incredibly rare investment opportunity situated in Barbat just twenty five meters from the turquoise Adriatic Sea.
Located in the second row to the coastline this detached villa represents a premier choice for international buyers seeking a high yield hospitality asset or an expansive Mediterranean family compound. The property is set on a massive and meticulously landscaped plot of 1860 square meters providing a level of privacy and space that is almost impossible to find in such a prestigious beachfront location. The lush grounds feature a variety of fruit trees a private vegetable garden spacious sunbathing terraces and a dedicated childrens play area allowing residents to relax while listening to the soothing sound of the waves.
The main building spans an impressive 763 square meters and is currently configured into six fully furnished apartments designed for immediate occupancy or continued tourist rental operations. Each unit is equipped with high efficiency A plus air conditioning systems while two select apartments also feature traditional wood burning stoves for year round comfort. An additional attic space offers significant potential for further expansion into a penthouse suite or extra rental units. The property includes a private 33 square meter garage and ample parking space for guests. Beyond its current use the sheer size of the land and the strategic location offer immense potential for transformation into a boutique luxury resort or an exclusive gated estate.
Equipped with modern infrastructure including city water electricity sewage and high speed fiber optic internet this property combines traditional island charm with contemporary technical standards. The estate is being sold as a turnkey solution completely furnished with all operational documentation available for review. Barbat is famous for its sandy beaches and scenic promenade making it one of the most desirable areas on Rab Island for foreign investors. This real estate opportunity is a perfect match for those looking for a secure lifestyle investment with established income streams in one of the most beautiful nautical destinations in Croatia. Viewing is highly recommended to fully appreciate the unique atmosphere and the panoramic coastal setting of this exceptional island residence.
Ref: RE-U-47255Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.
Property advantages: Garage, Garden, Detached, Modern