Milna, Milna, Splitsko-dalmatinska Županija 21405, Croatia

ATTRACTIVE PRICE – the owner is open to cooperation with serious buyers. Price reduced due to a change in investment plans!

DESCRIPTION:

A historic building (''Sfarčić House + market'') is for sale with a reconstruction and upgrade project into a Heritage hotel. This building is an ideal investment project for all those who recognize a good opportunity, for all those who enjoy historical heritage, and for all those who see this project as a challenge and want to offer future tourists a touch of history, luxury, and authenticity for which they are willing to pay more. The building is located right on the Milna waterfront, on a plot with a total area of 302m2. The reconstruction plan retains the existing footprint of the commercial building of 275m2 and the floor structure P+2+Attic. The reconstructed ''Sfarčić House + market'' repurposed for hospitality and tourist use – hotel, would increase its gross area to 814.8m2 and offer the new owner 18 rooms with private bathrooms, a restaurant with a kitchen, laundry, outdoor courtyard, and reception on the ground floor, as well as a recessed pool with a sun deck in the attic.

HISTORY:

Milna, "Valle di mille navi" (the bay of a thousand ships), received its name during the Venetian period. In historical books, it is described as a port on Brač highly valued by sailors for its safety, supplies, and shipyards. It developed as a settlement at the turn of the 16th to 17th century, but not immediately along the coast due to frequent pirate attacks; rather, it was located a bit further inland where the port could be seen. From the late 18th century and throughout the 19th century, construction of the coastline began, shaping the present-day façade of Milna facing the sea. Monumental stone three-story buildings were erected following uniform regulations with a ground floor and two upper floors. They were built by maritime, shipping, and landowning families, among whom was the Sfarčić family. The Sfarčić family built the house during the last quarter of the 19th century, completing it in 1882. It was constructed as a detached house with a fine stone facade, and where the market now stands was once a garden. The house is located in the Pantera area, on the embankment as the last house in the line of representative houses along the promenade – the Riva. The Sfarčić House was used for schooling students from 1882 until 1901. The last full owner of the house was Dr. Andrija Sfarčić, credited with the eradication of malaria in Dalmatia in the 1950s and one of the founders of the public health teaching institute.

LOCATION:

Milna is situated on the western coast of Brač island in a deep bay that narrows towards the east and divides into three coves – Blataška riva, Žalo, and Pantera. It faces the island of Šolta. It is an indispensable destination and refuge for many sailors, and its economic development is based on mariculture, nautical tourism, and activities related to tourism and the sea. You can reach Milna by catamaran or ferry that operate daily from the ferry port of Split, combined with a bus, or you can even arrive by small plane as Brač island has its own airport near the town of Bol. Brač is an island with over 2700 hours of sunshine annually, making it one of the sunniest areas. Due to the attractive geographic position of the island itself and its unique coves and beaches, as well as its relaxed lifestyle, it is considered one of the most desirable destinations for living and vacationing in Croatia.

Do not miss the opportunity to purchase this historic and impressive property as a chance for a profitable family business, securing existence for current and future generations, where you too can become part of the unforgettable history of Brač.

For any questions or information or to arrange a viewing appointment, contact us today.

Ljubomir Dujmov

Licensed real estate agent

M: +385 91 893 6560
E: [email protected]
CENTURY 21 BEST LAND REAL ESTATE