Building plot, Umag - permit and construction started

In the quiet settlement of Fratrici, near Umag, a building plot is for sale with a valid building permit, complete project documentation, and construction already underway. This is an investment opportunity to take over a project in an advanced stage of preparation, in an attractive location near the sea and all amenities offered by Umag.

The project envisages the construction of a modern residential villa with four luxury apartments, an underground garage, and shared amenities including a wellness area, a fitness room, a swimming pool, and a jacuzzi. The terraces of the apartments on the upper floors offer beautiful sea views, which further increase the attractiveness and market value of the project.

All required project documentation has been completed, the building permit has been obtained, and works have already started. Excavation works and reinforced concrete works for the underground garage have been carried out, enabling the future investor to save significant time and continue the project more quickly.

An additional advantage is the completed market valuation prepared by an authorized court expert, as well as complete documentation and supporting materials for condominium subdivision and the individual sale of apartments on the market. The project is suitable for the sale of apartments upon completion of construction, tourist rental, or long-term investment.

All necessary infrastructure is located on the plot, which further facilitates the continuation of construction.