Ready-to-invest plot, Žabljak, 45121 м²

Property number: 1856

5 550 000 €

Description

A ready-made plot for investment in Žabljak (near Durmitor National Park).
ChaletDorf Durmitor offers a rare opportunity to acquire a complete resort project in Žabljak, near Durmitor National Park (UNESCO). The project is conceived as a premium mountain resort with an emphasis on wellness and longevity programs, which give the resort a key competitive advantage and year-round demand. This is not just land for sale, but a complete resort business concept with a clear monetization logic, both during the development phase and after launch.
The main asset is the land plot with a total area of 45,122 m² and a complete package of prepared materials. The permitted above-ground development area for the project is 18,925.77 m², providing sufficient scale for the resort while maintaining the privacy and low-density feel critical for the luxury niche. Utilities are connected to the site boundary, access is provided via a paved road, and a network of driveways is established within the site, reducing the barrier to entry.
The project's investment potential is realized through two scenarios, which can be pursued sequentially or combined. The first scenario is development, which includes the construction of the main hotel building, two apartment buildings, and the possibility of contract construction of private chalets on 19 separate plots. Monetization at this stage is generated through the sale of units (hotel rooms and apartments), as well as through the sale of chalets as a separate premium product. The financial model includes a mechanism for providing a guaranteed 10% annual return to unit buyers, enhancing the product's liquidity and expanding the target audience for early-stage investors. The second scenario is long-term operation of the resort after launch, when the project becomes an active operating business with regular revenue from accommodation, wellness programs, and service infrastructure, as well as the potential for asset appreciation as the brand strengthens and occupancy rates increase. According to the financial model, the project's overall profitability in the base case scenario exceeds 80%.
An alternative transaction format is also available for investors interested solely in the hotel complex with apartments. Rather than purchasing the entire land plot, they can purchase a designated portion of 22,874 m² for €3.12 million. The project's financial model is structured by zones and allows this plot to be considered as an independent investment lot with the same monetization logic and comparable economics, both in the development scenario and in the scenario of continued operation after launch.
An interested investor will be provided with a set of documents for review and decision-making:
1. A feasibility study of the project, including initial data, assumptions, legal and urban development status, zoning structure, market and financial analysis, and transaction options.
2. A financial model with planned revenues and expenses by quarter, including a developer's profit and loss statement for the Hotel, Residence, and Village zones, and an operational financial model for the resort after launch.

3. A certificate of title to the land plot and an extract from the Central Register of Legal Entities for the owner company.

4. Templates of agreements with agents, clients, and partners.