House Medulin
For sale · Medulin · Istarska
Property description
*Banjole, commercial and residential building*
Very attractive real estate that offers numerous opportunities for development and investment. Property descriptionLocation: Business zone K1, mostly commercial. Purpose: Residential and commercial, with use permit and categorization for 3 apartments. Current use: Rented as a holiday home for 21 persons, with possibility of renting individual apartments.
Possibility of construction up to 3 floors. Annual turnover: Currently carries 90,000-100,000 euros of annual turnover through tourism (only during the summer season of 4 months).Opportunities for development: Space halls can be rearranged for indoor wellness or additional accommodation units.
With the upgrade, a hotel with a restaurant or a shop can be developed.This property represents an exceptional potential for investors or entrepreneurs in tourism, with the possibility of significant revenue growth and the development of additional facilities.
Location, quality of construction and current functionality, with additional expansion options, make this house an attractive investment opportunity.If you have any further questions or need more information, feel free to contact us!
PriceCheck
The asking price per m² is close to the median of comparable listings.
The price per m² is higher than 50 % of comparable listings.
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This comparison uses current asking prices in the CroReal database. It is not an estimate of market value or an actual sale price.
Additional Details
- Price
- 1.250.000 €
- Status
- For sale
- Category
- House
- Position
- Medulin
- District
- Medulin
- County
- Istarska
- ZIP
- 52203
- Living Area
- 500 m²
- Land size
- 900 m²
- Rooms
- 9
- Bathrooms
- 5
- Garage
- 1
- Listing ID
- 325084
Frequently asked questions about this property
How much does this property cost?
Price: 1.250.000 € · Price per m²: 2,500 €/m²
How big is this property?
Living Area: 500 m² · Land size: 900 m²
How many rooms and bathrooms does the property have?
Rooms: 9 · Bathrooms: 5
Is the asking price fair compared to similar listings?
The asking price per m² is close to the median of comparable listings. Compared with 43 similar listings.
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About the area: Istria County
Istria County is the westernmost county of Croatia which includes the majority of the Istrian peninsula.
Population: 195 237
Source: Wikipedia
