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  • Istria
Price £40
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Property Description

The site consists of several contiguous plots owned in their entirety by an English client with a Croatian company. He also has an interest in some adjacent plots which may be available later, where there are still title issues. Currently on offer, with clean title, are:

1062m2
2099m2
2583m2
2984m2

The gently sloping site is accessed from an unmetalled road 100m from a trunk road. There is a shop and a restaurant within walking distance. We are advised that there is now permission to access the site from the Northern side as well. There are good sea views. There is adequate water and electricity 100m away at the trunk road.
The vendor also wishes to sell adjacent agricultural land that is wholly owned by him with these plots.
3768m2

Plot size: 3768m2

Price: €4/m2

Total Price: €15,072

In practical terms, the site works out at €51.72/m2 for the buildable land, with the agricultural land thrown in for nothing.
It would provide a particularly large garden for a villa built on the left part of one plot and the extra amount could easily be recouped as it would significantly add to the potential selling price for that villa, well in excess of the cost of the extra land.

As the land is all held in a Croatian company, the vendor would like to sell the company together with the land holdings. This would save the buyer the 5% property transfer tax as there is no PTT on share transfer.

Total Price: Eur 451,471, subject to contract (Kn 3,219,700)
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