Group of lands, planned for hotel and apartments building, at peninsula Lustica (total area of 15,000 sqm) Location: peninsula Lustica, inlet Mirista, between ridge Arza and inlet Zanjic, toward open sea. Land is located next to the inlet Mirista

Area: 15,000 sqm, beach is about 100 m wide. Infrastructure: electric power and asphalt road to the location.
Land quality: seashore is sandy, smooth sand in shallow, lagoon look-alike, with colors from dark blue to emerald green. Water is absolutely clear. Land is rocky, calm rising, with old olive yard and gardens. On lower part of parcel, next to the sea, it is possible to adjust seashore in accordance with “Morsko Dobro”.
Town plan Arza – Mirista – Zanjic allows building of touristy facilities or apartments.

Taxes for building permission are about 70 EUR/sqm for net planned building surface.
Sale taxes are 2% of land valuation. Taxes are free if land is bought by company, which is importing it in founders fund and net assets.
Town plan for this location is in preparation phase, we expect that after issuing it price of land could estimate price of 250 EUR/sqm. Regarding doubtless growing of prices, it is possible to obtain considerable earnings. It is possible to arrange deal with owners, based on common investment. In that case, only a part of the contract of purchase will be valuated through money.