Development project for building 7 luxury villas, total area of 116.631 sqm, in Central Istria

Useful area: 0 / Nr. of bedrooms: 0 / Nr. of bathrooms: 0 / Distance to the sea: 28 km
02709z
1 050 000 €
Main Features
Region
Istria
City
Poreč
Transaction
for sale
Property type
Land
Land type
blabla
Permissions
building permit
 
 
Land area
116631 m2
 
 
Distance to the sea
28 km
Distance to the center
4 km
 
 
Price
1 050 000 €
Equipment
 
 
 
 
Description

PROJECT „ISTRIAN ESTANCIAS“

The project involves the construction of 7 luxury villas with guest houses and swimming pools on land plots from 10.000 sqm up to 41.000 sqm. 

Construction is planned on two incredible locations: 5 villas in Guštini on land plots of 10.000 to 15.000 sqm, and 2 villas in Trviž on land plots of 12.524 to 40.789 sqm. The complete project is developed on an area of 116.631 sqm.

Living areas of the villas are from 310 to 547 sqm, each villa has also a guest house of 153 sqm and swimming pool of 84 sqm.

For sale is with building permits for all seven villa, paid water and utility contributions, beginning of the construction was reported.

The total investment would be approximately 4 million Euros, with an expected construction price of 1000 EUR per m2 of building gross area,  and an expected average selling price of 2000 EUR per net area.

Location

Guštini and Trviž are small picturesque villages in Central Istria, 4 km away from Pazin – administrative center of Istria, and 20 minutes drive from the sea and such famous tourist destinations as Pula, Poreč and Rovinj.

The project has a great investment potential for tourist rentals.

Map