Clear Point

Cavtat, Croatia

Project

Lying on the Adriatic coast, Cavtat’s beaches and clear waters attract affluent visitors from the UK to Russia. The Clear Point Resort is an eight-phase, Master Planned, 5-star resort, including mixed-use hospitality, residential, commercial and marina development.

The location is outstanding with approximately 95,757 square metres of land and approximately 68,000 square metres of waterside area dedicated to the marina.
The marina component, which allows berthing for super yachts, will capitalize on the Mediterranean-wide scarcity of yacht accommodation and the significant growth of nautical tourism in the region.

The project includes a 5-star 89-room boutique hotel and marina as well as restaurants, retail offerings and privately owned villas, town homes and apartments. The overall resort accommodation total will be 346 units being built over 7½ years.

Our role

Development management
  1. Dundee 360 acquired 86% control of the original developer's position in Clear Point Resort through a series of investments in 2010.
  2. Over the past several years, Dundee 360 worked with local experts to develop a conceptual resort Master Plan including: high level financial analysis, preliminary civil infrastructure and roadwork planning, building positioning, unit mix, strategic phasing, landscape vision and amenities preliminary programming.
  3. Clear Point Resort is in the process of acquiring the land parcels envisioned for the project. Currently, 25% of the land has been purchased and local resources are in place to begin the land assembly process and secure remaining parcels with direct purchase or binding options when equity financing is in place.

Description

95,757 square feet
Over 95,757 square feet of land.
68,000 square-metre
68,000-square-metre marina for mooring super yachts.
346 units
346 units
89 rooms
89-room boutique hotel.
Privately owned villas, town homes and apartments
Restaurants and retail offerings.

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