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An off plan 5 star hotel project will full managament by AAA tenant. The hotel is locat... [ SOLD ]

 Region: Krk Island

 Price: EUR € 23 000 000

 Bedrooms: 0

 Property Type: Commercial Property

 Development State:

 
Description:
An off plan 5 star hotel project will full managament by AAA tenant. The hotel is located directly on the beach and will have full leisure facilities. Croatia is expecting a 42% increase in tourist arrivals over the next 5 years plus EU accession in 2010.
The Croatian Economy OverviewThe Croatian economy is one of the strongest and most developed market economies in south-east Europe. Croatia has the status of candidate for joining the EU (accession anticipated for 2010); the accession will create even better conditions for further economic development.
ProposalThe proposal involves the acquisition of an off plan resort, 100% pre-let to an international hotel operator.
Property The project consists of five main buildings which include tourist apartments, restaurants, cafes, shopping area, leisure facilities and underground parking.
LocationMalinska is a port and tourist centre located in the Dubasnica region on the north west of Krk Island. Krk Island is

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