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.
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
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
Rogaška Slatina
Rogaška Slatina is a town in eastern Slovenia. It is the largest settlement and the centre of the Municipality of Rogaška Slatina. It is known for its curative mineral water, spa, and crystal glass.
Rogaška Slatina is a synonym for health-resort tourism in Slovenia. For centuries the curative mineral water rich in magnesium (branded as Donat Mg), the picturesque countryside, and other local attractions have attracted visitors from around the world to the area.
Savinja
The Savinja Statistical Region (Slovene: Savinjska statistična regija) is a statistical region in Slovenia. The largest town in the region is Celje. It has a total area of 2,301 km².
The region is very diverse in natural geography; it mainly comprises the wooded mountainous terrain attractive to tourists (the Upper Savinja Valley and part of the Kamnik–Savinja Alps), the fertile Lower Savinja Valley with good conditions for growing hops, the Kozje Hills, and the Velenje Basin with lignite deposits, used for electricity production. In 2013 the region invested more than EUR 127 million in environmental protection (the most of all regions).
The region has good natural conditions for agriculture.
The region is a well-known and popular tourist destination. In 2012, tourist arrivals and overnight stays in the region represented 11.1% of all tourist arrivals in Slovenia and 15.0% of all overnight stays. On average, it attracts 10.4% of the total number of tourists in Slovenia, most being from Slovenia (52.8%).