Novaston expands portfolio in Croatia - Luxury projects in Opatija and Ičići

Source: eKapija Monday, 09.06.2025. 14:25
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The Novaston Real Estate platform started expanding its investment portfolio in Croatia by realizing two prestigious projects in exceptional locations in Kvarner - in Opatija and Ičići. These projects represent a combination of superior design, carefully selected locations and sustainable construction principles, with the aim of meeting the growing needs of the luxury real estate market on the Adriatic coast.

O Residence – luxury with a view of the Kvarner

In an exclusive location above Opatija, one of the most beautiful and well-known luxury resorts on the Adriatic, the construction of the O Residence complex began - a project that is being developed entirely under the ownership of the Novaston platform. The complex consists of two modernly designed buildings with a total of 12 luxury apartments ranging in size from 48 to 240 m², including panoramic penthouses and ground floor apartments with private courtyard terraces.

All apartments are oriented towards the sea, offering a stunning view of the Kvarner Bay. There will be 27 private parking spaces within the complex, while the entire environment will be enriched with carefully designed greenery and pedestrian paths. The building is designed according to the highest energy efficiency standards, equipped with Daikin heat pumps, high-quality aluminum joinery, as well as infrastructure ready for additional ESG upgrades such as EV chargers.

The construction started in the first quarter of 2024, and completion is planned for the end of 2025. Sales of the luxury units are already underway, and the project has already generated considerable interest due to its unique location and quality of construction.

- O Residence is the first in a series of projects that we will realize in the coming period in Croatia, Slovenia and Serbia, and we are also in negotiations with Macedonia and Bosnia and Herzegovina. It is a complex of luxury apartments in an exclusive location in Opatija, in a perfect place that connects all elements for a pleasant life. I am extremely glad that in this way we realized our plan to become investors and that this idea is realized in such a beautiful place - said Mia Zečević, CEO and owner of the Novaston platform.

(Photo: Novaston Real Estate)
New project in Ičići - luxury in the heart of the Kvarner pearl

Novaston`s second project is located in Ičići, a quiet and charming coastal town only 5 km from Opatija. The location is characterized by exceptional infrastructure - only 500 m from the famous Ičići beach, the ACI marina, as well as the 12 km long Lungomare promenade, which connects Ičići with Lovran, Ika, Opatija and Volosko. In the immediate vicinity of the project there are luxury hotels of world brands, such as Riva`s Hotel by Marriott - 600 m from the site. This combination of natural environment, proximity to the sea and marina, top restaurants, as well as sports and cultural facilities makes the location extremely attractive for the development of premium housing and tourist accommodation.

Ičići is known for its tourist offer all year round, thanks to the mild Mediterranean climate, rich vegetation and the proximity of the Učka mountain, which is part of the Učka Nature Park. At the same time, the settlement preserves its cultural and historical heritage, including Art Nouveau villas from the beginning of the 20th century, such as Villa Münz, which is a protected cultural monument.

- With these projects, Novaston confirms its strategic orientation towards the development of luxury real estate in the Adriatic region,relying on high standards, ESG principles, a clear investment framework and growing market needs - emphasized the owner of the Novaston platform.

Photo gallery
Novaston luksuzni projekti u Opatiji i Ičićima
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