Hotel in region Carinthia
120000.00 sq.m.

€ 1 800 000
TYPE OF INVESTMENT: LUXURY TOURIST COMPLEX "PROPERTY HERK"
BUSINESS DIMENSION : TOURIST COMPLEX IN SLOVENIA

AMOUNT TO BE INVESTED: 1 800 000 EURO 

LAND PLOT: 120 000 m2 (12 hectares)  

NET FLOOR AREA: 1000 m2
BUILDING LAND: 30 000  m2 (3 hectares)
INCOME: 12 500 EURO per month/ 150 000 EURO per year 
PAY-OFF PERIOD: 10 years / 10% per annum
MORTGAGE: appr. 3% a year from The Bank of Slovenia

PROJECT VALUATION: 
Market-value of the project - 3 000 000 EURO. 
According to the official forensic expert of real estate collateral, the real cost of "Property Herk" - 1 800 000,00 EURO.  
PROJECT DESCRIPTION : 
The main tourist and health programs of the complex: 
"antistress" programs,
wellness programs,
romantic programs,
traditional medicine treatment,
range of services for medical companies.

The «Property Herk” is situated close to the Austrian border, in a convenient distance from the big cities,the complex has the potential to develop a full-fledged tourist cluster.
SITUATION: 
Tourist complex "Herk" is situated in Koroška region, 12 km from the main road Dravograd-Maribor. This property, in its today's form, is presented on the Slovenian real estate market since 2009.
“Property Herk” has strategically advantageous geographic position. It stands on the top of the tableland and is spang in the middle of the forests and mountains, where you can enjoy a panoramic view of the picturesque surroundings of the region.
Koroška is nationwide famous for its unspoiled nature and clean air. On the territory of the complex there is a private source of drinking mineral water.
PURPOSE OF THE OBJECT: 
Project “Property Herk” is a prestigious tourist complex in the very heart of Slovenia. The whole area of the complex is registered as protected environmental zone (BIO).
A Hotel 4* for 45 persons is situated on the territory of the complex. It was built in 2009. Also there is a wellness center, which offers a full range of services:
3 types of saunas, 
Jacuzzi, 
gym,
a massage room.

“Property Herk” is for sale with a continuing company: well-functioning management,competent personnel, advertising. The project has a growth capacity (construction of additional real estate objects). There is a permit for building a hoverway.
OBJECT CONDITION: 
“Property Herk” is a successfully working company on Slovenian market. All the permits to pursuit of touristic, restaurant and hotel activity have been received. It is a ready-made business.
All the utility connections are paid, most of the land plot is suitable for the real estate development. At this stage documentation for liquid expansion of tourist facilities have been prepared in two versions.
AUDIT OF THE PROJECT:
This complex has different paths of development. It is possible to develop touristic direction by construction additional infrastructure.
If the tourism activity is not relevant, it is possible to use and develop land by building private cottages and selling them on the market.
If investor is ready to continue this activity, current owners are willing to provide some support and assistance, namely: to teach new control frames, to transfer suppliers' contacts, advertising and PR.

PLEASE NOTE!

The calculation of the project recoupment is made on the basis of the minimum lease computation. Also, we do not take into consideration the potential discount for a real buyer.

By the way, you can buy this property in mortgage from 3% a year.

Seller information

Seller type Agency
Company FUTURE REALESTATE

Location of the property on the map

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