Immobalko

Pula · Istria · Croatia

PULA – INVESTMENT LAND / RESIDENTIAL PROJECT FOR 250 APARTMENTS / INVESTMENT OPPORTUNITY

For sale · Land · Reference IB-12071

€5,000,000

Key facts

Price
€5,000,000
Plot area
11,167 m²
Distance to airport
5 km
Online for 11 days

Investment overview

Istria currently has 3 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

PULA – INVESTMENT LAND / RESIDENTIAL PROJECT FOR 250 APARTMENTS / INVESTMENT OPPORTUNITY PULA – INVESTMENT LAND / RESIDENTIAL PROJECT FOR 250 APARTMENTS / INVESTMENT OPPORTUNITY Land with a completed feasibility study, defined urban planning parameters and a concept for a residential project of up to approximately 22,850 m² of above-ground gross floor area (BRP), with a potential of 250 apartments. From our offer we highlight a large investment plot of land in Pula, in a high-quality and extremely well-connected city location, intended for the development of a modern residential project of larger scope. A feasibility study and a conceptual design have been prepared for the future project, urban planning parameters and building capacity have been defined, and the procedures for obtaining a building permit have been set out. This is a property that stands out through a combination of traffic accessibility, clearly defined development potential and an already prepared professional basis for realizing the project. The location allows quick access to the center of Pula, the bypass, key city roads, business zones, the airport and all important amenities. Key advantages • defined urban planning parameters and development capacity of the project, all suitable for residential construction • a conceptual project and feasibility study have been prepared • possibility of quickly obtaining a building permit (no UPU/detailed urban plan required) • immediate proximity to the city center, the bypass and key traffic routes • easy accessibility of the airport, highway, business zones, shops, schools and other amenities important for daily life Urban planning and development potential According to the conceptual design, the project allows for the development of a residential complex with a clearly defined building capacity. The planned parameters include: • maximum building coverage ratio: kig 0.50 • maximum floor area ratio: kis 3.00 • maximum permitted height: 15 m • maximum number of above-ground floors: 5 • minimum natural greenery: 20% of the plot area The conceptual study envisages the possibility of developing approximately: • up to 22,850 m² of above-ground gross developed floor area • around 12,000 m² of underground floors • around 250 residential units • around 400 garage/parking spaces • approximately 19,100 m² of net saleable residential floor area The proposed development comprises a modern residential complex with two underground garage levels, landscaped green areas, quality pedestrian zones and a rational traffic layout. A location that matches actual demand The value of this location lies not in a tourist or coastal position, but in its functionality for the housing market. For buyers of the future apartments, it offers quick and easy connections to the city, business facilities, schools, shops, healthcare and other everyday services. At the same time, the project can be developed in a greener and quieter setting, which further raises the quality of future living. The location is approximately: • 1.5 km from the center of Pula • 200 m from the bypass • 4 km from the sea • 4 km from the airport • 3.5 km from the highway exit • 250 m from the city forest An investment opportunity for an investor who wants to enter a residential project in Pula with an already prepared basis for realizing the project. The project is suitable for the development of an organized residential complex intended for the local and regional market, first-time property buyers, families, long-term investors and buyers looking for functional, modern and well-connected housing in Pula, as well as anyone wishing to move to the largest center of Istria. Price: EUR 5,000,000 A detailed feasibility study, urban planning analysis, conceptual masterplan and additional documentation are available to serious interested investors upon signing a confidentiality agreement. Due to the high demand for apartments in Pula and the exceptional location near all key amenities, this land represents a first-class investment opportunity. Contact us for a full presentation of the project and the design concept. Opereta — Real Estate Experts ☎️ +385 1 3820 050 ✉️ office@opereta.hr | invest@opereta.hr Agent: Krunoslav Lisjak https://www.opereta.hr/agent/881-krunoslav-lisjak LOAN BROKERAGE SERVICE: Opereta expert provides a free loan brokerage service, comparing offers from several banks in one place. Our team explains all the options and guides you through the entire process, from consultation to loan disbursement, so you can make an informed financial decision and save time.

This text was machine translated and reviewed by the agency.

Location

The map shows the approximate area. The exact address is provided by the agency on request.

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