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Listing ID: 460609

51 Apartments or 4* Hotel In Desired Location for Tourism For Sale

Vrátna Valley, Slovakia

€ 850,000


(Real Estate Included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Project of 51 apartments, respectively 4*HOTEL, is located 100 meters from ski lift Príslop and 900 meters from ski center Vrátna Free Time Zone. The owner of VIP Apartments Vratna started to build apartments with main goal: to assure high end luxury accommodation for tourists. The panoramatic views from majority of the apartments are overlooking mountains of Mala Fatra, where one of the most popular ski centers is located. The plan of the owner was to develop conservative sizes of apartments varying from 20,66 sq m up to 38,98 sq m, which are affordable for more potential clients. There is also possibility that apartments may be used as alternative flats for Slovaks pensioners. Due to flexibility of the space, there is possibility to connect units and increase number of large apartments. Clients of the VIP apartments will have restaurant, bar and fitness available, located directly on the ground floor. The owner offers financing in form of leasing for period of 5 years. More information is available in personal meeting.

Please, do not hesitate to ask for information memorandum.

Property Details

Size:

2776 sq m

Property Type:

Real

Real Estate Value:

€ 2,300,000

Other Details

Business Location:

Vratna Valley, 900 meters from Vrátna Free Time Zone.

Premise Details:

The plan of the owner was to develop conservative sizes of apartments varying from 20,66 sq m up to 38,98 sq m, which are affordable for more potential clients.There is also possibility that apartments may be used as alternative flats for Slovaks pensioners. Due to flexibility of the space, there is possibility to connect units and increase number of large apartments. Clients of the VIP apartments will have restaurant, bar and fitness available, located directly on the ground floor.

Competition:

No competition in segment of luxury apartments: a niche in Vratna Valley.

Living Accommodation?

Yes

Miscellaneous

Financing Available:

Yes
The owner offers financing in form of leasing for period of 5 years. More information is available in personal meeting.

Reason For Selling:

Retirment

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