Apartment complex with a view of the sea in Ciovo

Object description This semifinished apartment complex is on a gorgeous and convenient property with a view of the sea and the main island of Ciovo. The beach is 40 m away. The remaining construction work would last an estimated 3-4 months. Therefore, if ...

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Numéro d´objet:	PHR0021
Chambres:	22
Espace vital :	600,00m²
Taille de la propriété:	900,00m²
Emplacement - la région :	Split(HR) Croatie

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Prix :

290.000,00 €

~ 248.646,00 £

~ 320.798,00 $

Prix de vente plus 3.57% la commission de l´agence (TVA comprise) pour l´acheteur,

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... you invest quickly, it would be obtainable at the beginning of the summer season. The possibilities are as follows: 1. You buy the whole object at approx. 450.000 ?, invest another 200.000 ? in the completion and in the summer of 2004 receive a property with a value of 1/100/000-1/300/000 ? which you could rent, or use for private utilization. 2. You acquire half of the interests of operation, approx. 225.000 ?, invest half of the completion expenses (100.000 ?) and use your half however you want. 3. You invest 200.000 ? in the completion and agree on only 1 partner. The object would then be sold after completion. All of these options are up for discussion as well, and all offer considerable profit margins.Location Near to: Trogir/Split, orientation: south, location: suburb of a village, hilly, view: sea view Distances Neighbors: on both sides, shopping facilities: 500 m from small supermarket, 2 kms from supermarket, school: 2 kms, town: 3 kms Trogir, city: 20 kms Split, sea: 40 m Adriatic Property Small garden, three smaller apartments for administration of the building. Ground floor 2x 2+kitchen, bath, balcony 2x 3+kitchen, bath, terrace Floors 2x 2+kitchen, bath, Logia in the 1st floor 2x 3+kitchen, bath, terrace in the 1st floor 2x 3+kitchen, bath, terrace and balcony in the roof Utilities Telephone, electricity, water: connection, waste water: sewerage, heating: single-story heating system Condition In construction phase. Half of the building is finished, see exposé text. Finished, it should yield 10 apartments. Annex 3 small apartments in the annex. Possibilities of utilization Renting / sales of apartments, investment object with active profit yield, resale of the finished building. Assumption conditions A Croatian GmbH is the owner currently. If this property is sold now as is, there is a tax of 22%, which is quite unpleasant. It would be simpler and cheaper if a potential buyer shares the property. Disadvantages The plans for the building have already been made. Advantages Near the beach, not a lot of noise from tourism, big car-park, big profit margins. Similar buildings were sold in the region for approx. 1.200.000 Euros. Conclusion Magnificent investment possibility or outstanding summer vacation opportunity. Apartment complex with a view of the sea in Ciovoplus...