A project of 12 buildings in Opatija (Icichi) with fantastic views ...

Exceptional land with breathtaking sea views in Opatija!

The total area of 11 182 m2 (more than 1 ha of land).

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There is a permit for the construction of 12 buildings: 2 villas and 10 buildings with apartments (30 apartments)).
Each of the 12 buildings will have an area of 300 sq.m.
The total GDA is 3800 m2. Years to go - 2.
The total net sales value is 3494 sq.m.
Green spaces - 6617 sq.m.
The cost of building villas is 1500 euros per sq.m. (450,000 euros per villa)
The cost of building apartments is 1400 euros per sq.m. (420,000 euros per building)

Total project cost (TPC) - 8 830 000 euros
The required capital is 3 million euros
The profitability of the project is about. 11-12%.
An opportunity to begin construction from October 1, 2020.
An opportunity to complete the project in June 2021.

This concept offers apartments and villas with a total area of each plot of 850 m ^ 2 and a total area of 300 m ^ 2 for each building and provides for ten apartment buildings and two villas equipped with high standard materials. The exterior design is designed with a full finish of all gardening elements and expensive indigenous Mediterranean plants, as well as various floral and herbal compositions.

Other customer concepts can be implemented.

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The second concept is $ amp; nbsp; - this is the construction of 12 villas or just 6 super-luxury villas to ensure greater success of the project. $ amp; nbsp;

This region is very popular for renting luxury holiday homes among Austrians and Germans. $ Amp; nbsp;
The average employment period is 40 weeks per year. $ Amp; nbsp;
The average rental price per week is 4,500.00 euros. $ Amp; nbsp;
The average net income per year is 100k Euro. $ Amp; nbsp;
The average return on investment over 5 years. $ Amp; nbsp;

New design for the whole development of 6 villas, construction supervision during development and project management = 400K euros

Turnkey construction for 6 luxury 5 * villas with all equipment and furniture included;
Each villa will have about 370 sq.m. and its own pool, jacuzzi, a huge terrace with sea views, etc. = about 2.8 million euros $ amp; nbsp;
The total investment required for the entire project is approximately. 4.8-4.9 million euros. $ Amp; nbsp;

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