A 200 ha site, situated in the hearth of Dalmatia, the most sought after province of Croatia, with 2 international airports within 30 min. distance, national parks and 3 UNESCO world heritage sites within 1 hour distance. Croatia is, today, among the fastest growing tourism destinations in Europe, yet because of ecological laws enforced in 2004, the region still has no golf courses. Croatian government has emphasised the importance of golf by adopting a 'Golf Law', that now opens doors to foreign investors.
The Dalmatian will be a 36 hole golf course that will host the first Croatian Open and is designed to become a PGA championship course. There will be a 5-star deluxe hotel on site with 200 keys and various types of real estate, as well as a medical center, spa facilities, conference center, sports center and commercial activities, creating a destination that will blend into the local economical and ecological structure of the region.
The site has been investigated on its water resources, ground structure, geography and manifests the very best location in Dalmatia to build for- and play golf.
The initiative holders are inviting investors to join in, either as 'first line investor' today (all work untill obtaining the land title) or as 'second line investor' through an investment fund by purchasing participations. Potential profit and annual return on investment are calculated at the financial chapter at the end of this brochure.
Croatia's imminent membership to the EU, expected in 2013, will enhance its attraction for investors, boosting the economy. Today is the time to benefit from one of Europe's new countries, on the moment right before markets recover, and this country enters its age of prosperity in the EU.
On behalf of Wittens Investments we invite our clients to the informative evening in March 2012
As Croatian accession to the European Union is now very likely to occur in 2012 -2013, now is the time to invest in Croatia's sustainable future. With tourism as one of the main contributors to the GDP of Croatia, the Croatian government is set on attracting, supporting and promoting golf throughout the country. To this date , however, Croatia still has only 7 golf courses. The government has taken various actions to promote golf, like the creation of a Golf Law in 2009 which opened the door to foreign investors. Middelland works as consultant for the Wittens Investment project team, that are developing a Golf Resort on the coast in Dalmatia. As of now the Wittens Investments project is on the list of high priority projects in Croatia and directly supported by the government. The developers has an exciting new concept for Golf Resorts and they are, before anything, severely enthousiastic golfers. The developer is organising its first call for investors to join in the project. Investors can step into the project today, or later, as various investor friendly exits have been established. 28th of February they organise an informative evening where Middelland will elabourate on the real estate situation in Croatia.
WHERE AND WHEN ?
An investors meeting will be held in the start of March 2012
Date: to follow
Time: to follow
WHAT DOES THIS PROJECT OFFER?
A unique and sustainable resort concept with medical center, sea- and golf front real estate bringing buzz to these shores 12 months a year. The project is actively supported by the Croatian government, supported by the PGA European Tour.
WHAT IS IN IT FOR YOU?
The early project stage brings a high profit potential. Risk profile: profits with relatively low downsize risk. Clear exit points for investors. Certain privileges investors regarding Real Estate. Croatian EU accession nearby, which means possible higher return on investment.