THE VIEWDUBROVNIK · HEART OF LIKA
Dubrovnik Old Town and the Adriatic photographed from the terrace of The View
Dubrovnik, Croatia · Acquisition opportunity

The View.

A new perspective on Adriatic hospitality.
A luxury hotel concept with a separate penthouse, offered as one investment opportunity.

Dubrovnik Old Town · View from The View terrace
€12 millionINDICATIVE ASKING PRICE
11 unitsINCLUDING THE PENTHOUSE
766.65 m²DOCUMENTED AREA*
18 spacesPARKING IN THE PRESENTATION*
The opportunity

Intimate in scale.
Exceptional in outlook.

The View brings together spacious accommodation, generous terraces and an elevated Dubrovnik setting with open sea and city views.

The proposed luxury aparthotel concept offers a compact hospitality investment with a flagship penthouse. Buyers can explore unified operation and potential individual-unit exit options, subject to title, use and transaction verification. The neighbouring apartment building is shown for context; its inclusion in the acquisition is not represented or confirmed.

Explore the acquisition ↗

*Figures are drawn from the supplied investment presentation and remain subject to current seller confirmation and due diligence.

Artist impression of The View hotel with the directly attached neighbouring apartment buildingArtist impression · Hotel and neighbouring apartments
A sense of place

See the setting.
Imagine the possibility.

Explore the property and its surroundings through the supplied visual presentation.

Promotional visualisation supplied for the project. Images and video do not establish the current construction condition or approved specification.

Acquisition scope & project status

Know what you are acquiring.

The proposed package comprises the eleven accommodation units, including the penthouse, described in the supplied presentation. The final property schedule and transaction perimeter must be confirmed in the seller’s offer.

Indicative asking price€12,000,000 · Seller reconfirmation required
Neighbouring apartment buildingShown for context · Inclusion not confirmed
Construction & completionCurrent progress and completion date awaiting seller confirmation
Furnishing & remaining worksFF&E, turnkey scope and cost to complete awaiting confirmation
Parking18 spaces in the presentation · Title allocation to be confirmed
Taxes & transaction costsVAT treatment and included/excluded costs to be confirmed
Classification & permitsFinal operating use and official star classification to be confirmed

Current dated site photographs and certified floor plans are requested as part of the project information pack. Illustrations show a proposed finished appearance.

Request current status & acquisition scope ↗
The proposed experience

Space to stay.
Views to remember.

Accommodation

A considered mix.
One complete opportunity.

Ten one- and two-bedroom units complement a separate three-bedroom penthouse within the eleven-unit configuration described in the investment presentation.

Target positioning: luxury boutique hospitality, subject to the final approved hotel concept. Official star classification, final permitted use, unit schedule and operating approvals require confirmation.

One-bedroom units08
Two-bedroom units02
Three-bedroom penthouse01
Total accommodation units11
Artist impression of the penthouse living room opening onto a terrace overlooking Dubrovnik and the AdriaticArtist impression
The penthouse

A flagship residence.
A distinct proposition.

Generous living spaces and a terrace facing the Adriatic give the three-bedroom penthouse its own identity within The View.

Its role in the acquisition can be explored with the seller: as premium guest accommodation or within an alternative ownership and operating structure, subject to the applicable documents and approvals.

Request penthouse & floor plans ↗
Illustrative underwriting

The investment,
in perspective.

Preliminary model from the supplied buyer presentation, pending seller and independent validation. Figures are projections, not existing trading results or guaranteed returns. The 2027 start year is a model assumption, not a confirmed opening date.

Illustrative five-year base-case financial projections
Base-case forecast20272028202920302031
Total revenue€1.236m€1.354m€1.478m€1.580m€1.687m
EBITDA€396k€460k€532k€585k€641k
Occupancy47%50%53%55%57%

EBITDA is before interest, tax, depreciation and amortisation; it is not net rental income or cash available to the owner. Opening dates and the forecast timetable require reconfirmation.

Forecast assumptions and verification points

The model assumes nightly rates of €540 for one-bedroom units, €729 for two-bedroom units and €891 for the penthouse, 3% annual rate growth, ancillary revenue of approximately 8% of room revenue and EBITDA margins increasing from 32% to 38%. These assumptions require independent market and operating-budget validation.

The presentation describes approximately 300 m² of planned ancillary areas as not separately registered and outside the building permit. Proposed restaurant, café/bar, gym and other facilities therefore require legal and technical verification and are not represented here as approved or included operational amenities.

Buyers should confirm current asking terms, completion date, cost to complete, furnishing specification, title and encumbrances, permits, classification, tax treatment and available floor plans. Finance availability depends on borrower and project eligibility.

Your next steps

From first look
to informed decision.

01

Connect

Share your investment profile and preferred acquisition approach.

02

Review

Request the investment memorandum and available project documents. NDA where required.

03

Visit

Arrange a discussion and a property viewing with the project representatives.

04

Evaluate

Review legal, technical and financial information with your advisers before an offer.

Presented by Heart of Lika

Let’s discuss
The View.

Request the investment presentation, available floor plans or a private viewing.

Olivier Oud
Heart of Lika
Zadar & Zagreb · Croatia

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