Net size
1.000m2
Build
2009
Property details
The estate includes hotels and apartments, a wellness center, agritourism facilities, historic buildings and several acres of arable land.
The very location of the property and its existing infrastructure represent a great potential for an excellent tourist product that needs a good brand, a clear vision and a target audience. Communication with representatives of other tourist destinations in the region is also extremely important, as well as a good knowledge of the location itself.
The main tourist and health programs of the complex:
- "antistress" programs,
- wellness programs,
- romantic programs,
- traditional medicine treatment,
- range of services for medical companies.
The «Property Herk” is situated close to the Austrian border, in a convenient distance from the big cities,the complex has the potential to develop a full-fledged tourist cluster.
TYPE OF INVESTMENT: LUXURY TOURIST COMPLEX "PROPERTY HERK"
BUSINESS DIMENSION : TOURIST COMPLEX IN SLOVENIA
AMOUNT TO BE INVESTED: 950 000 EURO
NET FLOOR AREA: 1000 m2
BUILDING LAND: 30 000 m2 (3 hectares)
MORTGAGE: appr. 2,5% a year from The Bank of Slovenia
PROJECT VALUATION:
Market-value of the project - 3 000 000 EURO.
According to the official forensic expert of real estate collateral, the real cost of "Property Herk" - 1 800 000,00 EURO.
SITUATION:
The Herk Estate is situated at the top of a plateau amidst untouched nature,12 km from the main road Dravograd-Maribor, at an altitude of 1,036 meters in the village of Saint-Jerney in the municipality of Muta in Carinthia.
The property offers magnificent views of the forests and extensive pastures.
This property, in its today's form, is presented on the Slovenian real estate market since 2009.
“Property Herk” has strategically advantageous geographic position. It stands on the top of the tableland and is spang in the middle of the forests and mountains, where you can enjoy a panoramic view of the picturesque surroundings of the region.
Koroška is nationwide famous for its unspoiled nature and clean air. On the territory of the complex there is a private source of drinking mineral water.
PURPOSE OF THE OBJECT:
Project “Property Herk” is a prestigious tourist complex in the very heart of Slovenia. The whole area of the complex is registered as protected environmental zone (BIO).
A Hotel 4* with 21 apartments (capacity 45 people) is situated on the territory of the complex. It was built in 2009. Also there is a wellness center, which offers a full range of services:
- 3 types of saunas,
- Jacuzzi,
- gym,
- a massage room.
The project has a growth capacity (construction of additional real estate objects). There is a permit for building a hoverway.
PLEASE NOTE!
The calculation of the project recoupment is made on the basis of the minimum lease computation. Also, we do not take into consideration the potential discount for a real buyer.
By the way, you can buy this property in mortgage from 2,5% a year.
Investment prediction
OBJECT CONDITION:
“Property Herk” is a successfully working company on Slovenian market. All the permits to pursuit of touristic, restaurant and hotel activity have been received. It is a ready-made business.
All the utility connections are paid, most of the land plot is suitable for the real estate development. At this stage documentation for liquid expansion of tourist facilities have been prepared in two versions.
AUDIT OF THE PROJECT:
This complex has different paths of development. It is possible to develop touristic direction by construction additional infrastructure.
If the tourism activity is not relevant, it is possible to use and develop land by building private cottages and selling them on the market.
If investor is ready to continue this activity, current owners are willing to provide some support and assistance, namely: to teach new control frames, to transfer suppliers' contacts, advertising and PR.
Financing calculation
One-time Expenses
By one-time expenses we mean single, occurring once expenses that you might require during at least the first year. This may be the cost of registration of your company (d.o.o.), agency fees, etc.
Regular Expenses
By regular expenses we mean expenses that are periodically repeated from month to month, in general, these are expenses for taxes, accounting services and bank account maintenance.
Location
Muta
Muta is the largest settlement and center of the Carinthia Statistical Region of northern Slovenia. Traditionally, it is part of Styria because it was part of the Duchy of Styria.
The parish church in the settlement is dedicated to Saint Margaret (Slovene: sveta Marjeta) and belongs to the Roman Catholic Archdiocese of Maribor. It was first mentioned in written documents dating to 1349. In the 17th century it was extended and widened. There are two other churches in Muta.
Podravska
The Drava Statistical Region (Slovene: Podravska statistična regija) is a statistical region in Slovenia. The largest town in the region is Maribor. The region has a total area of 2,170 km².
Its name comes from the Drava River and includes land on both banks along its course through Slovenia as well as the Pohorje mountains in the northeast of the region. The Drava is used for the production of hydroelectricity and the fertile land around it is used for agriculture. The share of job vacancies in all available jobs is among the highest in Slovenia and the region has a positive net migration rate.
The region has a ski resort Mariborsko Pohorje, many recreational sports activities, historical sights, it attracts around 3.2% of the total number of tourists in Slovenia, most being from foreign countries (68.9%).