The property is located in the beautiful town of ... in Istria, about 400 m from the center and 150 m from the beach. The property has a gross floor area of about 26,000 m². A building permit is already in place for 17,000 m² of living and usable space. This means that construction work could begin immediately. A building permit could be obtained for a further 6,000 m² during the course of the construction work. The property can be used to build apartments, commercial facilities and a hotel. As already mentioned, the area ratio is about 50/50. The owner wants to achieve a property price of 11.5 million euros. The seller would like a letter with an expression of interest from the potential buyer. This should state a possible purchase price for the above-mentioned development - with 23,000 m² of living and usable space. The buyer can, of course, submit this letter subject to the usual reservations such as the exact address of the property, review of the building permit planning, economic feasibility, etc.