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  • HRK5,176
  • (EUR 700)
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  • Plot of land
  • Agent
  • Dubrovnik
  • croatia Flag Croatia
The outstanding beautiful building plot is located on a terraced hillside with great mountain and sea view (upper floors) and offers lush Mediterreanean vegetation in a
very upscale residencial and business area close to the marina. The location is defined as K4 and M1 3 zone (according to master urban plan). Water, electricity and canal are available at the property line.

K4 - zone for construction of garage-business facilities approx. 5.720 m2, M1 3 – high density multipurpose zone approx. 9.844 m2. The sales price for apartments is about € 3,500 / m2. The sales price for commercial properties is about € 5,000 / m2 in this upscale location. Construction costs for big companies are around € 300/m2. High in demand at present: secondary - and holiday-flats with a floor space of
about 100 m2 including balcony or terrace + garage. Demand is growing continuously.

EXECUTIVE SUMMARY
According to master plan, the project is an exclusive complex which would consist of residential and garage facilities. The project would be constructed on the land lot of 21.542 square meters and will have
approx. 44,000 square meters of developed area (gross), reaching the new urban development plan.

The project`s strength and significant development potential is its georgeous location, and the fact that there is a growing demand on a second home / holiday home in Dubrovnik – one of the pearls of the Mediterranean, renown for its
beauty and treasures of arts, the city with the unique political and cultural heritage recognized by UNESCO.

The present owner is interested in the joint development of this project and possible sale of the it. Subject information memo provides limited data on location analysis, design or concept, or other operating data, because the present owner offers to define all the details in cooperaton with the buyer of the plot.

THE PROJECT (just an idea, no submission plans exist jet)
The present owner is the sole owner of 21,452 m2 of land planned for the construction of residential / business facility with garages. The land lot is located within a noble business-residential block, approx: 400 m from the marina, 700 meters from Gruz Port and 1,4 km from Old Town (Stari Grad), to airport 18 km .

LOCATION OVERVIEW: (according to master urban plan)
Location: Dubrovnik
Total land: 21.452 m2
Gross developed area: 43.370-44.390 m2
Infrastructure (included in the total land area): 3006 m2

The present owner of the plot will perform reconcilliation of new measurements and land plots` numbers as a part of project
development documentations (permits, etc) preparation.

ENVIRONMENTAL ASPECTS
According to Master urban plan of the City of Dubrovnik plot`s location is defined as K4 and M1 3 zone.

BUILDABLE AREA
Gross developed area (BRP) based on our concept of the project is presented in the tables below. The concept
can be partially modified.
B residential / F business-garages
residential/business:18.960 m2 (20.490 m2)
garages: 17.030 m2 (22.880 m2)
Public garages: 8.400 m2 ..........
BRP total: 44.390 m2 (43.370 m2)

Additional information: The present owner of the plot is a company. The property is fully paid and unencumbered. Permits will be issued in gereral between 3 to 6 months after the submission of the plans. The cost
of the permit depends on the number of cubic meters. In Croatia, a foreign investor can be registered as owner in the land register. For investors from Austria, Switzerland, Germany and Italy registration in the Land Registry is possible as a private person. For other states a registration using a d.o.o. (Limited Liability Company) is possible. The cost of establishing this Company is approx. € 1000 and the company`s account requires an amount of approx. € 3,000.

BASIC DATA:
PLOT SIZE: 21,452 m²
BUILDABLE SPACE: 43,300 m² to 44,390 m²
PURCHASE PRICE: € 700,00 7 m² (negotiable)
Commission: 3,6% of PP (incl. Tax)
VAT: 5% of PP

Video Building Plot: mEKbNqeD_y8

Video Dubrovnik–Croatia: 7w4tKD7xfFQ
The outstanding beautiful building plot is located on a terraced hillside with great mountain and sea view (upper floors) and offers lush Mediterreanean vegetation in a  very upscale residencial and business area close to the marina. The location is defined as K4 and M1 3 zone (according to master urban plan). Water, electricity and canal...
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