House For Sale in Splitsko-Dalmatinska, Croatia

Two residential houses in the heart of old Split – Varos. Few minutes away from the Split Riva. The property has a gross area of 700m2 and currently a net area of 500m2. The property is currently divided into run down apartments with local people living inside. The property is an old stone house of approx 300 years and in need of complete renovation. The investor is aiming to purchase the property and renovate it to very high standards. Finish the apartments completely with furniture and fittings. The investor is planning to accommodate 12 one bedroom apartments of approximately 40m2 each. The apartments will be used for rental during the tourist season mainly. However due to the ideal location in the centre of the city, there will be the possibility of business even during the off season period. From a study of similar properties in the area, conclusions about the feasibility of the project have been deduced