IVANICA LIFESTYLE RESORT
Dubrovnik Area, Bosnia & Herzegovina
Offered Exclusively by Luymo, S.A
Estate Overview
Total Land Area:
655 hectares (6,548,922 m²)
Location:
Located in the village of Ivanica, within the municipality of Ravno, Bosnia & Herzegovina, the resort sits just minutes from the Croatian border.
Valuation (June 2025): €247,414,675 (€37.80/sqm)
Zoning:
Tourism-use (T) – Tourist Zone Ledenice.
Highlights:
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Only 10 km from Dubrovnik and 20 km from Dubrovnik International Airport.
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Border with Croatia just 2 km away.
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Backed by an interstate agreement: Croatia will extend water & sewer infrastructure to the border.
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Panoramic views over the Adriatic Sea, Cavtat, Župa Dubrovačka, and Srđ Hill.
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Planned Trebinje Airport (15 km away) to further boost accessibility.
Development Concept
Master-Planned Mixed-Use Resort featuring:
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Hotels
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Private Villas
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Apartments
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Townhouses
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Central Town Center
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Golf Course
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Sports & Wellness Center
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Nightclubs & Casinos
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Bars & Restaurants
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Spa & Recreational Facilities
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Cinemas
Zoning & Buildable Area
Fincancial Overview:
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Gross Development Value (GDV): €2.37 billion
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Total Costs: €2.13 billion
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Projected Investor Profit: €593.7 million (25% on GDV)
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Profit on Total Cost: 38.7%
Development Capacity:
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Gross Buildable Area (GBA): 3,275,000 m² (50% of total land).
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Building Footprint: 1,300,000 m² (20% of total land).
Overlooking Dubrovnik’s iconic coastline, Ivanica Lifestyle Resort merges nature, heritage, and elevated living—just beyond the city walls.
Infrastructure & Project Status
Infastructure:
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All required infrastructure sources are already in place across the full site.
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Utilities and foundational access are secured for immediate development.
Project Status:
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Resort Master Plan in development.
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Architectural and engineering designs underway.
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Estimated timeline for full construction permit: 18 months.
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Residential units can be sold off-plan as freehold property.
Regional & Tourism
Dubrovnik Tourism Performance:
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1.14 million tourist arrivals and 3.8 million overnight stays in 2022.
Annual tourism growth:
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13–15% in recent years.
Key source markets:
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UK, France, Germany, and Scandinavia.
Dubrovnik is Croatia’s top-performing tourist region with the longest season.
Wider Tourism Ecosystem:
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Ivanica is part of a major Adriatic tourism corridor.
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Connected to Boka Kotorska, one of Montenegro’s premier luxury destinations.
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Included in international cruise itineraries linking Dubrovnik, Boka, and Venice.
Strategic Advantages
Elevated position with panoramic Adriatic views.
Easy access to Dubrovnik and international airport.
Mediterranean climate, cultural richness, natural beauty.
Strong infrastructure and zoning framework already in place.
Tailored to attract HNWIs and premium tourism development.
