Description

General information

This spacious apart-house features 6 rental apartments, located just 50 meters from the sea in Medulin, Croatia. The total surface area is 750 sq.m., situated on a land plot of 2400 sq.m. Originally built in 1990, the property underwent renovations in 2022, which are still ongoing. The renovations include a new facade, complete bathroom renovations, and new PVC joinery, as well as new ceramics and laminates. The property consists of 6 residential units of varying sizes, most of which have large terraces with sea views. The apartments are categorized as 3-star accommodations.

Location

The property is located in a quiet part of Medulin, a vibrant holiday destination known for its proximity to the sea.

Infrastructure and Features

6 residential units
Large terraces with sea views
Basement with approximately 150 m² of living space
Tavern with a brick fireplace and kitchen
Two garage parts and utility rooms
Storage rooms and a large hallway
8 air conditioners
Pellet central heating and a fireplace
Two entrances to the property
Spacious garden with a summer house
Istrian kažun with a brick fireplace
Urbanized land

Investment Appeal

This property is a significant asset for those seeking larger residential buildings aimed at investment and returns through tourist rentals.

Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.