Land Umag

For sale · Umag · Istarska

7,125 m² Area
Asking price 1,150,000 € 161 €/m²

Property description

Land Umag, 10.797m2
The plot has an area of 10.797 m2.
At approximately 8500m2 part of the plot, according to the urban plan, the construction of a tourist settlement is planned.
Allowed construction of all tourist capacities (hotels, hostels, apartments, holiday houses, etc.)
8500 m2 of land is at a price of 150 euros/m2.
Part of 2297 m2 is much lower price and this part is not necessarily purchased, it is enough to buy 8500 m2 where according to the plan the construction of a tourist resort is planned.
If the future investor decides to buy only that part of the plot of 8500m2 the owners will perform splitting of the plot, and if the investor wants to buy the whole plot then this is not necessary.
The land is located not far from the ATP center and the sea and has all the necessary facilities in the immediate vicinity since tourist facilities have already been built in this zone.
A good opportunity for investors who are engaged in the construction of hotels / boutique hotels / motel / apartments / villa - a house for rent with a swimming pool.
PROPERTY IN A GREAT UNIQUE LOCATION WITH GREAT POTENTIAL!!!
Dear clients, agency commission is charged in accordance with the General Terms and Conditions.
https://www.dux-nekretnine.hr/opci-conditions-businesses

CROREAL

PriceCheck

Confidence: Medium
This listing 161 €/m²
Median of similar listings 78 €/m²
Difference from median +106.2 %

The asking price per m² is well above the median of comparable listings.

Price position 75.

The price per m² is higher than 75 % of comparable listings.

Typical asking-price range: 12 €/m²–135 €/m² Compared with 20 similar listings
Show detailed analysis

Additional Details

Price
1,150,000 €
Status
For sale
Category
Land
Position
Umag
District
Umag
County
Istarska
ZIP
52470
Land size
7,125 m²
Listing ID
20211

Frequently asked questions about this property

How much does this property cost?

Price: 1,150,000 € · Price per m²: 161 €/m²

How big is this property?

Land size: 7,125 m²

Is the asking price fair compared to similar listings?

The asking price per m² is well above the median of comparable listings. Compared with 20 similar listings.

Show on the map

Position: Umag, Istarska - Land Show on the map

About the area: Umag

Umag is a coastal town in Istria, Croatia. Located in the northwestern part of Croatia, near the border with Slovenia, situated on the Adriatic Sea in the county of Istria. Umag is known for its historic old town, Mediterranean climate, and tourism industry. The town has a long history dating back to Roman times and developed as an important regional settlement due to its strategic coastal position.

Population: 12 699

Source: Wikipedia

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