In one of the most desirable locations on the island of Pag, literally just a few steps from the sea, there is an apartment complex that appears on the market exceptionally rarely. The property is located in the first row to the sea, in a quiet location surrounded by crystal clear waters, with an open view of the bay and unforgettable sunsets.

This is an investment that combines an excellent micro-location, a large accommodation capacity, and the potential for further business development. The complex consists of two separate buildings with a total of 6 accommodation units, of which 5 units are located in the renovated building, while 1 unit is in the other building. The complex spans a land area of 797 m2, while the total net usable area is 555.27 m2. The property is further complemented by terraces, loggias, covered entrances, and other outdoor areas with a total actual area of 341.10 m2, arranged so that each unit has its own outdoor space and a view of the sea or greenery.

The renovated building was completely refurbished during 2025. The apartments feature high-quality custom-made kitchens, modernly designed bathrooms with quality fittings, as well as new ceramics, carpentry, and installations. The property is in the final phase of furnishing - construction work is completed, and the future owner is left to furnish part of the interior with furniture and decorations and finish a few minor aesthetic details, allowing them to adapt the final appearance to their own concept or desired accommodation category. A special feature of the renovated building is the fact that it was designed with a ventilation gap between the two rear walls, which contributes to better thermal protection, natural ventilation, and a more pleasant indoor climate throughout the year. The building originally had an elevator, and the existing design allows for its reinstallation if the future owner wishes to further raise the standard and value of the property.

The second building is currently functional but represents excellent potential for modernization. It can be arranged as additional tourist accommodation or as a private residence for the future owner or property manager, while the renovated building continues to generate income from tourist rentals. On the ground floor of the second building, there is a spacious workshop and utility space, which can be retained in its current purpose or easily converted into a large garage, service area, or additional facility for the needs of the complex. Above the workshop, there is a concreted area currently used for parking, while the space below can be arranged as covered parking. Additionally, there are enough parking spaces within the courtyard behind the buildings.

Living by the sea here is not just a view from the terrace, but a daily experience. Just a few steps from the complex takes you to the beach and crystal clear sea, while right by the coast is a spacious terrace of approximately 100 m2, ideal for relaxation, socializing, and enjoying the Mediterranean ambiance. Below the terrace are two storage rooms, and along the coast, there are three boat moorings that the current owners have been using for many years.

The special value of this property is the fact that all apartment units have already been divided into ownership. This provides the future owner with exceptional flexibility - the complex can be used for tourist rentals, as a private property for multiple families, or, depending on their own plans, developed long-term through the individual sale of the divided units.

The property has clear ownership 1/1, without encumbrances, a prepared division report, and a valid occupancy permit, making it completely safe for purchase.

The combination of the first row to the sea, two separate buildings, already completed division, and the possibility of various usage models makes this property a rare opportunity on the market. Whether you are looking for a tourist investment, a property for multiple families, or a project with long-term potential, this complex offers opportunities that are rarely found in one location.

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