Realitica classifieds

Land For Sale, Opatija, €2.500.000

Type: Land For Sale
District: Opatija
Address: Opatija, Opatija
Price: €2.500.000
Land Area: 11.182 m²

Description: Exceptional land plot with breathtaking sea views in Opatija!Total surface is 11 182 m2 (over 1 hectare of land).1/At the moment building permit issued and paid for 12 villas ( for land plot of 4035 sqm), but there is a suggestion is to develop just 6 super-luxury villas to ensure greater success of the project. The price includes paid communal fees for building permit in the amount of 240 000 eur. Construction can be started already today.This region is very popular for renting luxury holiday homes with the Austrians and with the Germans.Average occupancy period is 40 weeks per year.Average rental price per week is 4.500,00 euro.Average net income per year 100k euro.Average investment return in 5 years....