POREČ APARTMENTS

Poreč

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Overview

Project offers new apartments on the beautiful Adriatic Sea coastline in Istria peninsula, Croatia. The property location is in 2000 years old historical town Porec, within walking distance to the beach and to the city centre.

Location
Poreč
Delivery
Q4 2026
Yield
from 6,00%
IRR (5r)
from 14,00%
Price for m2
5 080€
Price
from 393 750 €

Project details

There are 6 luxury apartments on offer divided into 3 separate buildings. The first and second building blocks each consist of ground floor apartments with private spacious gardens where is enough space for the future owner to build his own 4x8m swimming pools.

On the first floor, on each of those buildings, there is an apartment which has its own roof terrace with undercover outdoor BBQ/ kitchen area, dining area, sitting area with possibility for future owner to install his own jacuzzi.

The third building is divided into 2 apartments, proposed as two story  semi-detached houses, with private gardens where is enough space for a future owner to build their own 4x8m swimming pools.

Development commenced Q1 2025

A and B buildings have developed the gross constriction, development of building C will start on September 2025. Planned completion of the project is October 2026.

Apartments from 60 m2

The residence offers effective dispositions with spacious terraces and sea view.

Property management

Use the possibility for property management provided by the proven management company on place.

Average yields from 1 500 € p.m.

Thanks to the location and higher demand for accommodation, the property offers interesting valuation of the investment.

Location

Address

Address: Draga 20, 52440, Poreč, Croatia

Availability

  • Airport: 58km (Pula)
  • Beach: 1,4 km

In addition:

39 km to Rovinj
45 km to Slovenia
79 km to Italy
89 km to Rijeka (airport)
79 km to Trieste (ITA) (airport)
240 km to Venice (ITA)

Taxes and duties

In addition to the sale price it is necessary to consider also:

Property is for sale without the furniture. The sale price is VAT included.
In addition, the buyer pays also 3% tax of property price for transition of ownership rights.
In case, the property is purchased by a company (legal person), the VAT 25% is to be added to this property transition tax.

Opportunity evaluation

With regards on the future use of investment

We generally consider investing in Croatia to be conservative in terms of return and investment appreciation.
If an investor wants to focus on increasing profit from capital appreciation of the property, we recommend choosing a property that is still in the project phase. After completion, such a property will naturally gain in value.

Finished modern buildings for sale are a sought-after item in Croatia and therefore their price tag (also depending on the location) is above average. Prices for beachside properties can easily exceed the half-million mark, depending on the specific location, even for 3-bedroom apartments.

I am interested

The company undertakes to handle the personal data provided in accordance with the provisions of Regulation (EU) 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (hereinafter referred to as the "GDPR") and in accordance with the generally binding legal regulation Act No. 18/2018 Coll. on the protection of personal data and on amendments and supplements to certain acts. More about the principles of personal data protection under the GDPR can be found here: vivaam.com/ochrana-sukromia

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