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Mediterranean Luxury Resort Project Build

Ref No: 39

Asking Price:  €45,000,000


High-End Hotel and Apartments project for sale on an idyllic Mediterranean coastline.

 

This is an exciting project to aquire a previous resort casino and completely renovate to a highend standard.

 

The Hotel project is designed as an extension to the existing casino building, aimed at enhancing the overall tourist experience by offering additional amenities and accommodations for the guests. The strategic location of the hotel, boasting stunning sea views and a picturesque pinewood coast, has inspired a three-sided architectural design to maximize the natural surroundings.

 

The layout of the hotel rooms along the building facade allows for diverse orientations, ensuring that all guests can enjoy captivating views. The ground floor features a grand main hall with a reception desk, an inviting aperitif bar, the main staircase with elevators, a service complex including a kitchen and employee quarters, a restaurant, and direct access to the existing casino.

 

The hotel comprises three floors housing a total of 124 rooms, 12 apartments, and 5 flexible hotel units that can be interconnected as needed. The central area is dedicated to the service complex, with the main staircase and elevators facilitating easy navigation. The fourth and final floor boasts a gourmet a la carte restaurant, a winter pool with wellness facilities, and an outdoor pool with a summer terrace and cocktail bar.

 

Overall, the Hotel and Apartments project aims to elevate the guest experience by seamlessly blending luxurious accommodations with top-notch amenities, all set against a backdrop of breathtaking natural beauty.

 

With excellent transportation connections to Europe, Italy is less than 50 kilometers away, making it a convenient 2-hour drive to Venice, 5 hours to Milan, and under 6 hours to Munich. The site is also in close proximity to 4 international golf courses.

 

The plot spans 11,323 square meters along the seafront and is surrounded by 2 kilometers of pristine beaches and pine trees. Situated on the plot is a large casino previously catering to the Italian market and international junkets, covering an area of 5,800 square meters.

 

There is potential for the construction of 3,000 square meters gross on each floor, allowing for a total of over 21,000 square meters gross with the possibility of building up to 4 floors above ground and 2 floors underground for amenities such as parking and a fitness center. Additionally, there is an opportunity to obtain a concession for an additional 2 hectares surrounding the plot, ideal for developing a water park with water slides, splash pads, lazy rivers, as well as 3 restaurants, 2 beach bars, 2 swimming pools, a surfing pool, and water sports facilities. Furthermore, there is potential for the creation of a floating pontoon marina along the coastal area of the site.

The casino had a fiscal history of being a very high earner being situated close to the Italian border.

 

Facilities: 

The site is located in a renowned tourist destination on the coast of Croatia, known for hosting international sports tournaments and boasting a highly regarded yacht marina, numerous hotels, and a few resorts.

 

There are two options for this renovation deal:

 

 

 

Option 1:

 

The first option for this project will include a complete reconstruction of the old casino building with a surface area of approximately 2,500 m2. The second part of the complex buildings, which used to be restaurants, a night club, and a beach bar with a surface area of 3,300 m2, will be demolished to construct a brand new hotel with 3 floors. The new hotel will have a surface area of 9,000 m2, including 2 underground floors (garage, night club, technical room), a ground floor (3,000 m2), and 2 floors above ground (3,000 m2 each).

 

Option 2:

 

The second option for this project will include a complete reconstruction of the old casino building with a surface area of approximately 2,500 m2. The second part of the complex buildings, such as restaurants, a night club, and a beach bar with a surface area of 3,300 m2, should be demolished to make way for the construction of a brand new hotel with 5 floors. The new hotel, with a surface area of 15,000 m2, will have 2 underground floors (garage, night club, technical room), a ground floor (3,000 m2), and 4 floors above ground (3,000 m2 each).

 

The location of this fantastic opportunity will only be disclosed on receiving a signed NDA

 

Reasons to Invest in Croatia

 

Croatia offers strong institutional support for sustainable development and new technologies, along with the benefits of European Union membership, low taxes, secure property rights, and progressive regulatory policies. These factors combine to make Croatia an exceptionally attractive destination for foreign investors seeking opportunities for growth and success.

 

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Property: 

Mediterranean Luxury Resort Project Build


Asking Price: 

€45,000,000


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39


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