Czech developer Domoplan to build CZK 4 billion luxury resort in Croatia

by   CIJ News iDesk III
2025-05-08   08:40
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Czech developer Domoplan has announced plans to invest CZK 4 billion in the construction of a luxury resort, Plava Uvala, on the Croatian island of Pag. The five-star complex, covering 300,000 square metres, is designed to accommodate up to 3,000 guests and is expected to be completed between late 2027 and early 2028.

The resort will feature 300 luxury bungalows with sea views, six swimming pools, a two-kilometre beach, an 800-seat amphitheatre, and a marina for sailboats and boats. Additional amenities will include a dedicated camping area for motorhomes, each with private bathroom facilities.

Domoplan’s owner, Tomáš Vavřík, said the land for the resort had been a long-term target. “Acquiring this site has been my dream for 25 years,” he noted. The company has secured key building permits and is progressing through the remaining administrative approvals.

Financing for the project will come from multiple sources, including an international investment fund established in partnership with Family Ace. Domoplan will contribute from its own resources, while additional funding will be raised from Czech and international investors and supplemented by bank loans.

The Plava Uvala project marks Domoplan’s third venture abroad. The company previously launched two residential projects—one in Belgrade, Serbia, and another in Samobor, Croatia. Sales of apartments in Samobor are already underway, while sales in Belgrade are scheduled to begin this autumn.

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