Gorgeous investment project in Barbariga, first line to the sea
Exceptional and very rare seafront project in Istria!
Just 150 meters from the beach across the green zone!
Project belongs to the area of Barbariga which still lacks 4-5 star seafront hotel properties being located less than 20 km from Pula centre and less than 30 km from Pula airport!
Romantic Rovinj is just 20 km away!
Abudance of greenery, lovely beaches, view over Brijuni islands make this area particularly attractive for investment!
This is a bank sale of the project!
Official property evaluation is about 4 530 000 eur!
Project is situated up the local road and is covers several land plots: 1500 m2, 1020 m2, 135 m2, 345 m2. In total it makes 3000 m2.
Presently there are several commercial buildings on the plots: 566 m2, 101 m2, 188 m2. They were built in 1990. Market, restaurant, exchange point occupy the buildings.
There are all the elements of infrastructure: water, canalization, electricity, telephone, road.
Local municipality reasonably considers this location to be much better location for 4 star hotel than for a market.
There is a project of 4 star hotel of 162-170 rooms (standard rooms of 28 m2 + 8 m2 balcony and superior rooms of 35 m2+17m2 balconies) with the following infrastructure:
- cascade of outdoor swimming pools
- reception hall
- gym of 100 m2
- fitness area of 64 m2
- indoor swimming pool of 100 m2
- finnish sauna
- conference room
- restaurant with kitchen
- pool bar
- lobby bar
Total surface of areas to be built is 18897 m2.
Total investment required for construction is approx 1,8-2 mln euro.
Buyer commission in case ofpurchase of this property will be 5%.