Karlobag, Lika-Senj County, Address available on request

Details :- Reference: ZLWS-T1775. <div>Unique investment opportunity on Pag peninsula - devastated hotel for complete remodelling/adaptation!<br /><br />The total land area is 10,987 m2 (over 1 hectare of land).</div><div>On the plot stands a free-standing structure – hotel built in 1967 with the total surface area of 3,100 m2 – ground floor and two floors with 86 accommodation units, restaurant total area of 758 m2 , and the restaurant terrace area of 1,170m2.</div><div>&nbsp;The terrain containing the structure is slightly leaning towards the town beach and is irregular in shape.<br /><br /><div>Land plot purpose: Hotel and catering - T zone. With all amenities (entertainment, catering, commercial, recreational, therapeutic rehabilitation and similar)</div><div>Footprint ......................................................... max 0,4</div><div>Max height ...................................................... GF + 3 + PH (max. 70 % floor surface)</div><div>Min green surface............................................ 20 %</div><div>Underground floors not limited.</div><div>&nbsp;</div><div>Possible potential construction parameters:</div><div>Overground (brutto) .......................................................20.875 m 2</div><div>Number of apartments depends on the structure of types A-E</div><div>Parkirng space (PM) 20 %</div><div>Min number of possible parking places- 52.<br /><br />Potential structure can have up to 2500 double rooms (or some combination of apartments, in case of apart-hotel concept).<br />Max potential height is 5 floors above ground + 2 floors underground for garages and other facilities.<br /><br />Official evaluation of property for 4 610 000 eur is available.<br /><br />------&nbsp; -------- --------<br /><br />There is a project to convert the existing older structure into 4-5 star luxury apart-hotel.<br />This new hotel will include:<br />- shopping mall, fitness centre, congress hall - 5000 sq.m. + 3200 sq.m. on various levels<br />- public open space - 550 sq.m. + 1900 sq.m. on different levels<br />- public garage - 2500 sq.m. + 3200 sq.m. on different levels<br />- residential area - 3100 sq.m. + 3100 sq.m. on different levels<br />- terraces - 2900 sq.m. + 750 sq.m. on different levels<br />- communications/public areas- 1900 sq.m.<br />- entertainment roof area with two swimming pools and gardens - 3300 sq.m.<br /><br />Total brutto building area - 28700 sq.m.<br />Total open space area - 6000 sq.m.<br /><br />The hotel owes cca. 2 mio euro to the bank (the sum is increasing every year with annual % accrued).<br /><br /></div></div> Ref: RE-AB-PG<p>Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.</p>