Commercial Land, Pitomača, 178662 m2 Business Purpose

For sale · Land · Reference IB-20975

€1,500,000

Key facts

Price: €1,500,000
Plot area: 178,662 m²
Distance to airport: 93 km

Online for 1 day

Investment overview

Slavonia currently has 2 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

What we deliberately do not calculate

Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
Occupancy and seasonality. That would need booking data, which we do not collect.
Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

We are mediating the sale of land comprising three parcels with a total area of 178,663 m2, located beside an asphalt road within an area designated for planned business use, development and arrangement areas (designated construction zone outside settlements), falling within the scope of planning documents of the Municipal Detailed Plan of Pitomača Municipality and the County Spatial Plan of Virovitica-Podravina County. The property borders on the north side with linear infrastructure marked as "Other State Roads (D-2)" - existing, along which the following infrastructure runs: - Local gas pipeline - existing - Access TK network and DTK - existing - Access TK network and DTK - planned - Main supply pipeline - existing - Other supply channels - planned - Located within the area of linear infrastructure marked as "Local gas pipeline" - existing - Located within the area of linear infrastructure marked as "Power line 35 (20) kV" - existing - Located within the area of linear infrastructure marked as "Power line 10 kV (overhead)" - existing - Located within the area of linear infrastructure marked as "Power line 10 kV (overhead)" - planned - Borders on the north side with an area marked as "Hunting ground and game breeding ground" - existing - Located within the space marked as "Mineral raw materials exploration area Drava (DR-02)" - existing - Borders on the north side with an area marked as "Groundwater protection area" - existing The property is located in an area marked as - Scope of mandatory preparation of urban development plan. Within commercial (business-operational) zones, construction must be designed such that: - buildings are erected in a standalone manner, maximum height 12m (exceptionally higher if required by technological processes), - maximum building density coefficient of the construction parcel is up to 70%, - at least 20% of the total parcel area must be landscaped, - activities carried out, organization of work methods and technological solutions, as well as traffic requirements, must not endanger the environment and quality of life on neighbouring properties and in the settlement, - edges of the construction parcel towards neighbouring properties must be realized as vegetation strips in accordance with environmental protection requirements.

This text was machine translated and reviewed by the agency.