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Momjan Development
This plot is approximately 1014 square metres and is oriented to the North, about 150 metres to the west of Momjan village. The site commands stunning views of the village and over valleys to the sea (approx. 5km), Slovenia and the Alps. The site fronts a small public road and there are public plans for a small access-only road which would run behind the plot and, if built, could provide access. Across the road in front the land drops away thus ensuring that the view will remain forever. Below are pictures of the plot and surrounding area. The design of Momjan will be in a style sympathetic to the surroundings. Click here for more details about the development of the plot.
The following is a brief outline of the development parameters for the parcel of land at Momjan. Description: This plot is approximately 1014 square metres and is oriented to the North, about 150 metres to the west of Momjan village. The site commands stunning views of the village and over valleys to the sea (approx. 5km), Slovenia and the Alps. The site fronts a small public road and there are public plans for a small access-only road which would run behind the plot and will provide access. Across the road in front the land drops away thus ensuring that the view will remain forever. Momjan is approximately 3km from Buje, a large hilltop town with all amenities and ideally situated in North West Istria, about 10 kilometres from the border with Slovenia and about one hours drive from Trieste airport in Italy. This region of Istria is characterised by rolling hills planted to vines and olives, small stone and terracotta hilltop towns and kilometre after kilometre of unspoilt coastline, drawing positive comparisons with Tuscany. Within 10 and 20 kilometres respectively are the ancient hilltop towns of Groznjan and Motovun, which have become centres for the arts and significant tourist attractions. Istria is well known for sports, with the Crotian Tennis Open being played at Umag, 20 kilometres from Momjan, and for outdoor pursuits. There are twenty-two golf courses in planning in the region, of which nine are within approximately twenty minutes of Momjan. Vesta plans to develop a single building containing three separate dwellings in the form of Villini or town-houses. These units would likely serve as holiday homes deriving yield and capital appreciation for their owners: The overall development is to be in a style sympathetic to the surroundings. It is desired that the design of the development ensures that the beauty of the surroundings and views are realized from both outside and inside the individual units. Each dwelling will contain two bedrooms, one or two bathrooms, a kitchen area and living/dining space containing a fireplace. The interior design will seek to maximise the utility of the available space. Each unit will have its own private exterior terrace space, preferably not overlooked, to be used for outdoor dining etc. Each unit should also have some garden area. Each unit should have a garage or defined parking space, the choice of which will depend on the build costs and optimization of the plot layout. If garages are constructed then each garage should contain some further storage space. It is envisaged that their will be a high quality communal swimming pool. Statistics:
Plans are currently being prepared, based upon which a building permit will be obtained. Vesta anticipates that this process will be finalized during the summer of 2005. Construction should then commence and the final properties should be finished in early summer 2006.
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