Vir – Exclusive investment, first row to the sea

For sale · Land · Reference IB-21047

€1,280,000

Key facts

Price: €1,280,000
Plot area: 938 m²
Distance to sea: 350 m
Distance to airport: 30 km

Online for 1 day

Investment overview

Northern Dalmatia currently has 10 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

Exclusive investment opportunity in the first row to the sea - south side of Vir A location on Vir that rarely appears on the market today: a plot of land with an area of about 938 m², located in the first row to the sea on the sought-after southern side of the island, directly next to the turquoise sea and with a beautiful view of the sunsets. A project for two modern buildings with a total of six apartments - three apartments in each building - has been prepared for the land. Spacious terraces, roof terraces and private parking spaces are planned. The project is currently in the stage of obtaining a permit. The special value of this property is the combination of an exclusive position by the sea and an excellent location: the center of Vira and the popular Jadro beach are within easy walking distance. The project envisages a high standard of construction and equipment: reinforced concrete construction, Porotherm walls, enhanced thermal and sound insulation, aluminum carpentry with three-layer glass, Somfy electric blinds, high-quality Grohe or Ideal Standard sanitary equipment, Samsung WindFree heating and cooling systems, underfloor heating in kitchens and bathrooms, Wi-Fi control of individual systems and preparation for charging electric vehicles. The roof terraces are designed with a kitchen, shower and toilet, as well as preparation for a jacuzzi. For investors, this represents a particularly interesting opportunity, because construction land in the first row to the sea on Vir is extremely rare, especially in such an attractive location. An additional advantage for investors is that the project documentation has already been prepared, and the project has been submitted to the building permit procedure. This saves a significant amount of time that would otherwise be required for project development, coordination with the architect and preparation of documentation. After obtaining a building permit and meeting all the necessary conditions, the investor can start construction in a relatively short period of time. Sale price: €1,237,500 The agency commission is calculated in accordance with the applicable General Terms and Conditions of Business. We are happy to provide additional project documentation, floor plans and technical details upon request.