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+386 40 289 800

mon. - fri.: 09.00 - 16.00

info@futu-re.com

write to us

Villa Demetrovic in Rogaska Slatina

  • Hotels & Apartments
  • Rogaška Slatina, Savinjska, Slovenia

Net size

582m2

Build

1890

Tenants

1

Property details

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.


Expenditure part:

- 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.

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Investment prediction

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.

Financing calculation
Cost of the object
850.000€
Rental flow / year
75.000€
Rental flow / month
6.250€
ROI without financing
8,82%
Payback period / years
11,33
Effective ROI with financing
15,15%

Credit options

Financing
50%
Loan amount
425.000€
Own founds
425.000€
Interest rate
2,50%
Period of financing / years
10
Period of financing / months
120
Monthly loan body
3.541,67
Annual loan body
42.500

When using bank financing, the payback will be 8,82% per annum on invested own funds in the amount of 425.000€ and 6,32% on bank funds in the amount of 425.000€.

Total payback when using bank financing will be 15,15%.

For the crediting period 11,33 years taking into account the repayment of the loan body and %, the profit will be 269.223,50€ through the period of 11,33 years the property will remain in full ownership of the investor with price of 850.000€.

Total upon investment of own funds in the amount of 425.000€ we get profit over the loan term in the amount of 694.223,50€ (rental income after all payments on loan obligations) 269.223,50€ plus the value of the property, minus investment amount 425.000€.

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CALCULATION OF PAYMENTS ON THE LOAN at an annuity (the percentage is included in the monthly payment)

Monthly payment
The % of the sum is: 464,80€
4.006,47€
Account balance after payment
2.243,53€
Total annual payment
The % of the sum is: 5.577,65€
48.077,65€
Annual account balance after payment
26.922,35€
Total body% of the loan for the entire loan term
4.006,47€
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.

Agency fee
The price includes the full management of the transaction, the organization of inspections, bargaining, negotiation of contracts. Payment is taken after having the documents filed for the registration of property rights and the receipt and transfer.
3% + VAT
Property tax
Payment is taken in the case of buying commercial real estate with a tenant or residential real estate in the secondary market.
2% + VAT
State fee for writing property rights
Payment is taken depending on the price of real estate, usually does not exceed 1000 EUR.
Translation of documents
Basic translation/specialized/judicial
15€ / 30€ / 50€
Interpretive services
75€ / hour
Opening a company, getting a TIN
1.500€
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.

 
per Month
per Year
Accounting services
100€
1.200€
Bank account
20€
240€
 
120€
1.440€
TAX 4%
Simplified tax system - 4% of the company's turnover (the entire balance of the company account is net profit)
 
2.942,40€
Total income without TAX
 
72.057,60€
Location
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