Land in city Vrsar
2474.00 sq.m.

€ 700 000
Building plot with planning for 18 flats in Vrsar

Building plot for sale with planning for the construction of an 18-unit house with garages just 150 meters away from the marina and 500 meters from the beaches
Location: Vrsar, Istria (10 km from Porec, 76 km from Koper, 94 km from Triest, 50 km from Pula airport, 255 km from Venice, 177 km from Ljubljana and its airport)
Land plot area: 2,474 m2
The building permit (currently expired) can be easily renewed (in 2-3 months)
The project implies the construction of an apartment building with 18 units (overall built area of the apartments: 1,768 m2) with terraces and garages (526 m2)
Asking price for the sale of the land plot: 700,000 EUR
Acquisition to be performed by means of a share deal
Additional useful data: estimated price/sqm of the residential units to be built: 3000-3200 EUR/m2; parking-spaces with prices starting from 10,000 EUR each; estimated yield in case of rent of all the 18 residential units on the basis of short-term rentals during the tourist season (from June till the end of September) after the delivery of the house: in excess of 350,000 EUR/season.
For further information please contact: [email protected]

Location of the property on the map

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