Newly Established Resort for Sale in Rakovica, Croatia

- A commercial real estate project development company seeking to sell their upcoming resort project in Brajdić selo, Rakovica.

- The project consists of: hotel and villas with swimming pool, 50 mobile camp houses which are not constructed yet and a running restaurant which is currently rented out.

Project is planned in 3 phases:

- Phase 1: Boutique hotel with 8 four star apartments suited for 4 persons each, restaurant, and 1 exclusive penthouse apartment for eight people as well as one villa with four bedrooms, three bathrooms, sauna, jacuzzi and swimming pool.

- Phase 2: 3 villas with four bedrooms, three bathrooms, sauna and jacuzzi and separate fitness wellness standalone object.

- Phase 3: Glamping site with possibility of 50 luxurious modular houses each on large plot with privacy, jacuzzi and horticulture. On this plot there will be also winter pool.

- Phase 1 and 2 are under construction on a land plot of size 6,000 sqm.

- Phase 3 is not started yet and will be constructed on a land plot of size 25,000 sqm. Total land plot size is 31,000 sqm.

- Phase 1 and 2 can be completed in less than 1 year.

- Nearby attractions are deer resort and lakes.

- Utilities available are cable, electricity, sewer, water supply, fast internet, parking space for more than 50 vehicles along with additional outdoor parking.

- Currently, only the 100-seater restaurant is running which has been rented out with a yearly rent of EUR 20,000.

The resort project consists of: hotel and villas with swimming pool, 50 mobile camp houses and restaurant.

Will be available for both short term staying and long term staying guests. Target customers are mostly tourists.

Physical assets includes the entire land and developed property till date.

Company owned land and property of 31,000 sqm, located in Brajdić selo, Rakovica.

Business is self-funded.

No outstanding loans or liabilities.

Property is owned by the real estate company with 2 shareholders holding 50-50% equity.