Premium New development

22 Bed Property for sale

Croatia

£1,380,543 *  [€1,562,499]

22 Bed Property for sale

Croatia

£1,380,543 *  [€1,562,499]

Property Details


  • Bedrooms: 22
  • Bathrooms: 22

Full Description


Project of older building reconstruction in Rijeka!
New design hotel will benefit sea views.
Older building of 1962 will be converted into a modern hotel of 22 rooms, with amazing roof top swimming pool. Total area of the structure to rebuild is 670 sq.m.
There is a valid building permit. Reconstruction can be started right away.The approved project envisions a total of 22 accommodation units, including 14 hotel rooms, 6 studio apartments, and 2 larger apartments, complemented by a reception area, lounge zone, and multifunctional space on the ground floor. One of the key highlights of the concept is the exceptionally attractive rooftop area featuring a bar, lounge zone, and a swimming pool approximately 20 metres long. Designed as a modern rooftop hospitality space with panoramic views, this feature represents a unique and innovative concept for the Rijeka market, offering clear commercial potential and strong differentiation in the city-break and premium short-stay accommodation segment.The location is highly convenient and easily accessible, with a bus stop right in front of the building and the city centre just a few minutes away. Within a 300 to 1000-metre radius are KBC Rijeka, the University Campus, and the Faculty of Engineering, providing a wide range of potential guests — from business travellers and academic visitors to medical professionals and students.Architecturally, the project focuses on a contemporary visual identity, emphasising vertical wooden elements and integrated greenery on the façade, creating a modern and inviting aesthetic in harmony with the urban surroundings.This development offers investors the opportunity to enter a clearly defined and well-prepared project without delays caused by lengthy permit procedures, with all capacities and the final market vision already established.It is a rare opportunity for an investor seeking to transform a prime location into a distinctive, high-value hospitality product — projects of this kind seldom appear on the market.Rijeka is a popular tourist, business and congress destination with a shortage of modern 3* and 4* tourist facilities. Ref: RE-AB-MM1-43178Overall 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.
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This property listing (ref: RE-AB-MM1-43178) is an advertisement supplied by ADRIONIKA CONSULTANCY and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
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