SIBENIK Hotel complex, first row to the sea

For sale · Commercial · Reference IB-20913

€3,500,000

Key facts

Price: €3,500,000
Price per m²: €912/m²
Living area: 3,838 m²
Plot area: 6,000 m²
Rooms: 40
Bathrooms: 40
Floor: 4
Distance to sea: 342 m
Distance to airport: 39 km

76% below the regional average (Region average: €3,841/m²)Online for 1 day

Investment overview

Northern Dalmatia currently has 10 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.

What we deliberately do not calculate

Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
Occupancy and seasonality. That would need booking data, which we do not collect.
Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
Net yield. It depends on closing costs, tax rate and financing of the individual buyer.

These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.

Description

The hotel complex first row by the sea is designed as a freestanding object, with the main tourist-catering unit and as a single functional unit, formally linked in a harmonious composition of contemporary architectural expression. On the north west side of the ploot is resolved in and join the public road through the gate which can be reached at the plateau of the hotel parking lot. With the hotel has been solved only VIP-parking zone 10 PM. From the plateau down to the entrance square – cloister hotel pedestrian ramp to the hotel or circular stairs to the entrance, the north side of the pitch. Within the hospitality tourism zone „Gornji Muli“ parking is planned to solve the common parking zone of suitable capacity in the north of the plots as a shared public parking. Purpose of the hotel's hospitality and tourism, is planned for 4-star hotel. Hotel Forum will have 40 luxury rooms with sea view, restaurant, coffee bar with room for projection, a spa area with fitness room, solarium, sauna, massage, beauty salon, relaxation area, 2 pools, private beach and water front promenade where planned three souvenir shops selling press and other supporting facilities and services related toe the functioning of the hotel. Hotel Forum is a total gross area of 3838 m2, height S + GF + 2F, and the gross land area is ca. 6.000 m2. PRICE:3.500.000,00 EUR