Four-star hotel with spa center and 4 land units.
The hotel includes:
- 252 rooms decorated in a contemporary style. All rooms area equipped with air conditioning, TV and an en-suite bathroom.
- spa center of 2,000 m² offering various services such as saunas, massages, steam rooms and Finnish saunas
- 3 restaurants
- 3 bars
- 8 conference rooms
- indoor swimming pool
Occupancy (2019): 66%
The Hotel is under reconstruction with the extension for 69 rooms.
The portfolio includes 4 land units for eather hotel or high-end accomodation/serviced apartments construction.
Unit 1 is dedicated for the hotel extension (40% of shell and core done – 8,900 m²).
Surfaces of other units: 3,989 m², 2,453 m² and 3,824 m².
The property is located a few meters from the beach in one of the resort towns of Croatia.
Croatia is a small country in the north of the Balkan Peninsula, located in one of the most environmentally friendly places in the world.
The leading sectors are: shipbuilding, mechanical engineering, chemical, food, textile, woodworking, electrical and electronic, pharmaceutical industries. An important sector of the economy is tourism.
Since January 1, 2020, the minimum wage is 543.35 euros (gross) and 434.68 euros (net).
Advantages: stable economic growth, tourism growth.