Located in the surroundings of Umag, this attractive building plot represents a rare investment opportunity in one of the most desirable coastal areas of northwestern Istria. The property is positioned only about 80 meters from the Adriatic Sea and beautiful sunny beaches, offering an exceptional combination of privacy, nature, and proximity to the coast.
The land has a total area of approximately 1,150 m² and is situated in a highly sought after location close to the sea. An existing residential structure is currently located on the plot, consisting of three separate apartments measuring approximately 36 m², 62 m² and 46 m². The building is currently habitable but would require renovation or modernization depending on the vision of the future owner or investor.
A major advantage of this property is the fact that a final building permit has already been issued for the construction of four houses in a row, and all required utility contributions have been paid. This significantly simplifies the development process and allows the investor to proceed with construction without lengthy administrative procedures.
The approved project also offers flexibility, as the existing building permit can be modified according to the preferences or development plans of the future owner. This makes the property particularly attractive for investors who wish to adapt the project design to their own architectural concept or investment strategy.
The location itself is exceptionally valuable. The plot is positioned only about 80 meters from the sea and close to beautiful southwest facing beaches, ensuring plenty of sunshine and a pleasant Mediterranean atmosphere throughout the day.
The surrounding environment is peaceful and characterized by greenery, open views, and natural beauty, creating an ideal setting for relaxation and high quality coastal living. Despite the tranquil atmosphere, the center of Umag and its full infrastructure are easily accessible within a short drive.
The area around Umag is widely known for its scenic coastline, cycling routes, vineyards, olive groves, and charming coastal villages that define the authentic Istrian lifestyle. This region offers an excellent balance between seaside living, outdoor recreation, and the cultural richness of the Mediterranean.
Umag itself is one of the most popular coastal destinations in northwestern Istria and is internationally recognized for its marina, historic old town, restaurants, and world renowned tennis tournaments. The town offers a wide range of services, entertainment, and leisure activities throughout the entire year.
Thanks to its proximity to the Slovenian border and Italy, Umag is particularly attractive for international buyers and real estate investors. The combination of exceptional location, existing development permit, and close proximity to the sea makes this property an outstanding opportunity for residential development or long term investment in the Istrian real estate market.
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https://alphaluxegroup.com
ID CODE: ALG-3725
Marijana Budimir
Agent s licencom
Mob: +385 95 363 1893
Tel: +385 52 204 933
E-mail: marijana@alphaluxegroup.com
https://alphaluxegroup.com
Robert Budimir
Agent s licencom
Mob: +385 95 363 1892
Tel: +385 52 204 933
E-mail: robert@alphaluxegroup.com
https://alphaluxegroup.com