Seaside Plot For Hotel Development In Istria
Northern Istria, within easy driving distance to the border with Slovenia and to Italy.
Area of the land plot is approx.33,500 sqm
There is a feasibility study for the construction of a hotel with approx.130 rooms + 7 villas (to be offered for rent or sale) for a total of 285 beds.
Preliminary approvals from the local water and electricity suppliers and for the sewage connections have already been received.
The asking price for the land plot is 9,000,000 Euros.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $10,550,934
Converted From EUR
Exchange Rate $1.17
Cap Rate Available On Request
Additional Details
Street Address Savudrija
Land Area 33500.00 Acres
Zoning mixed use (hotel + villas)
Deal Terms
Who is Listing the Property? Real Estate Broker
Broker Co-Op? No
Seller Financing Available? Available On Request
Seller Willing To Lease? No
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