Urban land in Lovran with beautiful sea views
Property price:
€ 900 000
Ref:
RE-AB-P-379
Region:
Kvarner › Opatija
Location:
Lovran
Type:
Land plot
Seafront:
No
Sea view:
Yes
Distance to sea:
900 m
Plot size:
4 500 m²
Property 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 land
It is possible to accommodate 6-7 villas on the terrain.
The cost of the plot is 900,000 euros
Construction cost of 200 m2 gross = 300,000 euros x 6 = 1,800,000 eur
Swimming pools and amenities 50,000 x 6 = 300,000 eur
Projects, resolutions, utility bills, machine maintenance - 200,000 eur
Total very rough expenses: 3200000 eur
Selling income for 6 villas for 1000000 eur each = 6000000 eur
Price per m²:
200 €
Average price/m² of this type in this region:
316 €
Median price/m² of this type in this region:
213 €
Average price/m² of this type in Croatia:
225 €
Median price/m² of this type in Croatia:
134 €
Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.
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