Where mountains, sea and spectacular sunsets meet, this unique property with exceptional investment potential is located – in Novigrad, in an attractive destination that combines natural beauty and strong tourism potential.
According to the conceptual project, reconstruction of the existing building is planned within the contours of the current structure, with an increase in the building height to 13.0 m measured from the leveled natural terrain (+10.35 m) on the northwest side of the building. The terrain on the eastern side (along the road) is approximately +12.15 m to +12.05 m. The top floor is designed to be recessed 3.0 m from the facade line.
PLANNED HOTEL
The project foresees a hotel of 4-star category with modern facilities and functional layout.
The main entrance to the hotel is planned on the southern side of the building, while the northern side will have a service entrance via a ramp to the -1 level.
Parking capacity:
20 parking spaces owned by the hotel
12 parking spaces on a leased parcel next to the hotel
Total: 32 parking spaces (1 parking space per 2 accommodation units).
LAYOUT
Ground floor:
reception with entrance hall
restaurant with kitchen
Basement:
small wellness center
multifunctional hall
service facilities
Floors (3 levels):
accommodation units (1 family room and 17 double rooms per floor)
one accessible double room adapted for persons with disabilities
Attic floor:
7 hotel apartments
1 double room
Total: 62 accommodation units of 4-star standard.
INVESTMENT ADVANTAGES
This property is not only a real estate investment but a complete business opportunity with significant development potential.
The investor acquires:
the existing company and business operations
possibility to retain the current trained hotel staff
valuation of the existing property
established business contacts and cooperation with tourism agencies and related industries
feasibility study of the new project and financial evaluation of the development
The entire business is being sold – company together with assets.
ADDITIONAL INFORMATION
Upon request and with a letter of intent it is possible to receive access to:
financial reports of the existing property
property valuation assessment
With the purchase of the existing property and the new building permit, the new owner will also receive the full feasibility study (market study, project concept and financial feasibility study of the new hotel).
The study has already been submitted to HBOR, enabling the new owner to obtain financing for the construction of the new hotel more quickly.
For more information or to arrange a meeting, please feel free to contact us. We will be happy to provide you with all the necessary details.
I have already bought 2 properties in Croatia through ADRIA TEAM in the past 6 years. The owner has an overview of the market, prices, investments, locations and positions of properties...she can advise if it is a good deal. If you are looking for something in the Zadar area, be sure to give them a call.
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