Older hotel facility - fantastic opportunity for tourist development in Rovinj by the sea

Fantastic tourist development opportunity in Rovinj on the first construction line to the sea!
Older tourist complex (currently devastated) to be rebuilt into a new ultramodern hotel structure!
Total area is 30.576 sq.m., of which 23.000 sq.m. are meant for tourist development.

Urban infrastructure: Urbanistic strategy for the area has been approved by the City of Rovinj,
as zone T2- touristic zone for hotels 30% (7 200 m2 with 168 beds) and appartments 70% (16 800 m2 with 392 beds).

Building according the urbanistic plan: construction of max 4 storeys is possible; up to 10,5 meters high; development footprint: coefficient 0,3; land development factor: 0,8 (24 000 m2 of development above the ground).

Max capacity: 560 beds, planned cathegorization 4- 5 stars.

Before in 1980s there were tourist facilities here, later in 1990s everything was devastated.

The 100 meters belt along the beach is meant for recreation zone. 
Reconstruction of maritime zone and marina is also projected.

All planning documentation is available.
The future investor has a reduction in the payment of utility and water fees for the new project in the amount of approx. 400,000.00 euros
The plot has been cleaned, the existing buildings have been removed and the plot has been prepared for the creation of a base for designing and creating the project.

Legal note: 100% of company shares are for sale.

Image is AI fantasy on the idea of the project.