Highest and Best-use Concept, Financial Pre-feasibility study for the Adriatic Hills project

Highest and Best-use Concept, Financial Pre-feasibility study for the Adriatic Hills project – Island of Brač, Croatia

Key Service: Hotel Planning & Development
Location: Island of Brač, Croatia
Product: Concept Proposal, Pre-Feasibility study

Overview
International developers bought the vacant land on the island of Brač in 2011 with intention of developing mixed-use resort.
Solution
The Client has appointed Horwath HTL to propose a highest and best-use concept based on market and location analysis and pre-feasibility assessment of the project. Having in mind the remote location of the property, Horwath HTL proposed a unique island village inspired mixed-use resort with hotel, villas and added value facilities. The proposed resort concept was the base for detailed zoning planning.