Unique investment opportunity in Vrnjacka Banja – Luxury resort with 22 apartments up for sale

Source: Promo Tuesday, 11.06.2024. 09:33
(Photo: SEECAP Investicione nekretnine)
The newly built luxury apartment complex and a gated tourist resort in the wider center of Vrnjacka Banja has been put up for sale. The construction of the resort will be completed by mid-May 2024, and the price of the resort is EUR 2.5 million, or EUR 1,648 per m2.

The newly built resort is located in the peaceful area of the wider center of Vrnjacka Banja. The resort consists of 7 villas with 2 apartments each and an apartment building with 8 apartments. So, a total of 22 apartments (one-and-a-half-, two- and two-and-a-half-room apartments) are available, and each apartment has its own parking space.

The total area of the parcel is 3,145 m2, whereas the gross buildable area is 1,977.23 m2. The net buildable area is 1,517.08 m2.

The resort is of a closed type, with a gate at the entrance, fenced off and surrounded by greenery, with a playground for children and a park.
(Photo: SEECAP Investicione nekretnine)

Investment opportunity

This resort is a unique opportunity for investors. The current investor wants to sell the entire resort to another investor who would rent out and manage the apartments or, with a profit, resell the apartments to small/retail investors. Due to large investments in new tourist attractions, Vrnjacka Banja will continue to be a highly sought-after all-year-round tourist destination.

According to information from the Statistical Office of the Republic of Serbia, Vrnjacka Banja is the most visited spa tourist destination in Serbia. In February 2024, Vrnjacka Banja was visited by 10,048 tourists, which is 26.47% of the total number of visitors to Serbian spas. The further investments in the tourism infrastructure will additionally increase the number of visitors.
(Photo: SEECAP Investicione nekretnine)

For detailed information and scheduled visits, contact SEECAP Investment Properties – phone: +381 11 36 35 935; mobile: +381 63 377 960; email: zoran.mitic@seecap.com.

SEECAP Consulting is a financial consultancy that has been operating since 2001 in the field of banking and non-banking sources of business and real estate financing, project financing, financial modelling in construction and hotel industry, and sale of investment real estate.

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