Type: Land For Sale District: Lovran Address: Opatija, Lovran Price: €900.000 Land Area: 4.500 m2
Description: Urban land plot for sale in Lovran with magnificent sea views!Total area is 4500 sq.m.It is ideal for construction of several luxury villas (6-7 units).Minimum plot area for the villa of 170-200 m2 - 600 m2 of landIt is possible to accommodate 6-7 villas on the terrain.The cost of the plot is 900,000 eurosConstruction cost of 200 m2 gross = 300,000 euros x 6 = 1,800,000 eurSwimming pools and amenities 50,000 x 6 = 300,000 eurProjects, resolutions, utility bills, machine maintenance - 200,000 eurTotal very rough expenses: 3200000 eurSelling income for 6 villas for 1000000 eur each = 6000000 eur From Shore (m): 900. Ref: RE-AB-P-379
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