Investment Opportunity: 12-Apartment Development in Novi Vinodolski, Croatia
Located in the sought-after Kvarner region, this prime residential development project offers a fantastic investment opportunity. The project includes the construction of two modern, twin residential buildings, each featuring 6 spacious apartments, bringing the total to 12 apartments. The buildings are designed with modern amenities, stunning sea views, and are just minutes from the Adriatic coast.
The project is fully permitted, with building permits already issued and all technical documentation in place. Each apartment offers 70–78 m² of living space, with large terraces and parking spaces. The location, known for its Mediterranean climate and picturesque views, makes this an ideal long-term investment in the growing Croatian real estate market.
Perfect for investors looking to capitalize on the growing demand for quality rental properties or those seeking a secure development opportunity in a prime location.
Project: Investment in the Construction of Two Residential Buildings in Novi Vinodolski, Croatia
Location:
• Town of Novi Vinodolski, Kvarner Coast, Northern Croatia
The Novi Vinodolski Riviera is located in the central part of the Northern Croatian Littoral, and in the heart of this beautiful riviera lies Novi Vinodolski. The town has grown from the old fort of Novigrad, which once belonged to the noble Frankopan family.
Project Overview:
This investment project involves the construction of two residential buildings (twin buildings), each with 6 apartments. The two buildings will be constructed on two separate parcels of land in the Prisika street area of Novi Vinodolski.
Parcel Details:
• Parcel 1 (Building 1)
o Parcel Number: 3148/4
o Construction Area: 657 m²
• Parcel 2 (Building 2)
o Parcel Number: 3872/3
o Construction Area: 778 m²
Total Land Area:
The total combined size of the two parcels is 1,435 m² (657 m² + 778 m²).
Building Details:
Both buildings will have 6 apartments with similar floor plans and sizes:
• Total Gross Built Area (GBP): Each building has a gross built area of 675 m²
• Combined Gross Built Area for Both Buildings: 1,350 m²
Building Permits:
The project has already received building permits and is ready to begin construction. The permits were issued on:
• Building Permit 1: Issued on October 3, 2024
• Building Permit 2: Issued on October 22, 2024
Floor Plans:
Basement
• In front of the building, there will be 6 parking spaces.
• The basement will have 6 storage units.
Ground Floor
• Apartment 1: 70.1 m² with a 6.8 m² terrace. It has 2 bedrooms, a living room with a kitchen, and a glass wall leading to a balcony with sea views.
• Apartment 2: 77.8 m² with a 7.3 m² terrace. It has 3 rooms (including living room) and a glass wall leading to a balcony with sea views.
First Floor
• Apartment 3: 70.1 m² with a 6.8 m² terrace, 2 bedrooms, living room with kitchen, and sea view.
• Apartment 4: 77.8 m² with a 7.3 m² terrace, 3 rooms and living room, also with sea views.
Second Floor
• Apartment 5: 70.1 m² with a 6.8 m² terrace, 2 bedrooms, living room with kitchen, and a glass wall leading to the balcony.
• Apartment 6: 77.8 m² with a 7.3 m² terrace, 3 rooms, living room, and sea views.
Project Status:
• The complete technical documentation for the project is ready.
• The building permits have been granted, and the project is fully approved to begin construction.
Investment Opportunity:
This project offers a great investment opportunity for those interested in the construction of residential units in a popular and growing area of Croatia. With the building permits in place, construction can begin immediately, making it an excellent opportunity for those looking to enter the Croatian real estate market.