Type: House For Sale District: Medulin Location: Banjole Address: Medulin,Croatia Price: €1.250.000 Bedrooms: 9 Baths: 5 Living Area: 500 m2 Land Area: 900 m2
Description: Very attractive property offering numerous development and investment opportunities.
Property Description
Location: Business Zone K1, predominantly commercial.
Purpose: Residential-business, with a use permit and categorization for 3 apartments.
Current use: Rented as a holiday home for 21 people, with the possibility of renting individual apartments.
Features
Area: 500 m² of living space on two floors + 225 m² of hall (currently unused).
Yard: 900 m² with 40 olive trees, 70 m² swimming pool (with shallow children's section and jacuzzi).
Heating: Central gas heating, hot water heating on gas and electricity, solar panels and indoor fireplace with the possibility of central heating.
Air conditioners: 9 air conditioners.
Potential
Buildable area: Possibility of extension and upgrading, with current construction of about 37% and a maximum permitted construction of 50%. Possibility of building up to 3 floors.
Annual turnover: Currently carries 90,000-100,000 euros of annual turnover through tourism (only during the 4-month summer season).
Development possibilities: The hall space can be converted into an indoor wellness or additional accommodation units....
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