Villa Demetrovic is located in Sava Region, 3 km from Rogaska Slatina.
This 3-star hotel with a garden offers air-conditioned rooms with free Wi-Fi, each with a private bathroom, desk and TV.The nearest airport is Ljubljana Jože Pučnik Airport, 111 km from the property.
The building has 4 floors: basement - bar and auxiliary rooms; 1st floor - restaurant, kitchen, reception, office and auxiliary facilities, 2nd floor - 5 old-style rooms, 3rd floor - 3 rooms with a modern design.The area of the basement and ground floor is 300 m2, the area of the hotel itself is 210 m2. Only 8 rooms. 2 rooms will accommodate more than 2 residents (there are extra beds, including for children). All rooms have a private bathroom, air conditioning, TV. Everything according to the requirements of a hotel with 3 *.
The building was built in 1890. Land was purchased in 1864. The first owners - the Demetrovic family, was a very noble family in Croatia. The owner’s brother Yuray Demetrovich was the Minister of Trade and Industry in Yugoslavia. The family was involved in pharmaceuticals and built this mansion near the source.
Under the agreement, a restaurant for 60-80 visitors and a night bar are rented. The tenant also helps with the management of the hotel, an agreement on joint activities is concluded. Payment of utilities for the restaurant and bar is entrusted to the tenant.
- utility services at the hotel averages from 700 to 1000 euros per month (heating, water, electricity, Internet and television);
- employee salary with deductions and taxes - 1300 euros per month;
- washing (bed linen and towels) and hygiene products - 150 euros per month.
The average cost is from 2000 to 2500 euros per month.
The calculation of the payback period of the project is made on the basis of minimum rental calculations.
* average indicator: own financial flow - depending on seasonal workload + rental flow from a restaurant and a bar
Based on the foregoing, this hotel has high rates of return and is recommended by us for purchase.
Also, we do not take into account the potential discount on the purchase for the real buyer.
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.
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.