THE CROATIAN INVESTMENT CONSULTANTS AND PROMOTION AGENCY


  INVESTMENT OPPORTUNITIES IN CROATIA

TOURISM AND CATERING PROJECTS IN CROATIA


DATA OF PROJECT 07

PROJECT TITLE: APARTMENT COMPLEX
 

GOAL OF THE PROJECT  CONSTRUCTION OF AN APARTMENT COMPLEX ON THE EASTERN COAST OF THE PENINSULA WITH JOINT DOMESTIC AND FOREIGN CAPITAL
PROJECT DESCRIPTION IN THE ATTRACTIVE PART OF THE ISTRIAN PENINSULA 3 KM FROM THE SEA; IN CLOSE VIN CITY TO THE ALREADY DEVELOPED TOURIST ZONE OF "DUGA UVALA" THE CONSTRUCTION OF 44 SINGLE STORY TOURIST APARTMENTS IS PLANNED;

THEY WILL HAVE THE FACILITIES (RESTAURANT; KITCHEN; STORAGE; SHOP; BOUTIQUE; COSMETIC HAIRDRESSERS; DISCO BAR; RECEPTION HALL; TENNIS COURT) WITH AN AREA OF 2.499,66 m2 + SWIMMING POOL AND SPORT

THE URBAN DEVELOPMENT PLAN HAS BEEN ELABORATED ALSO THE PRELIMINARY PLAN

THE LOCATION PERMIT IS IN THE PROCESS OF BEING OBTAINED

DESCRIPTION OF INVESTMENTS TO DATE VALUE OF THE SITE IS 18.982x50EURO = 949.100,00 EURO (ALREADY URBANIZED 8.890m2)

PROJECT DOCUMENTATION; LICENSEES; PREPARATIONS FOR OBTAINING A LOCATION PERMIT; JOINT CAPITAL FOR THE ACCESS ROAD TO REACH THE SEA APPROX. 1.000.000,00 EURO

TOTAL INVESTMENT UP TO THE PRESENT APPROX. 2.000.000,00 EURO

DESCRIPTION OF EXPECTED FINANCING FROM FOREIGN INVESTOR FOREIGN PARTNER IS EXPECTED TO INVEST ABOUT 3.000.000,00 EURO (JOINT VENTURE) HE IS EXPECTED TO CONSTRUCT THE BUILDINGS; PROVIDE EQUIPMENT AND KNOW HOW AS WELL AS DEVELOP THE MARKETING STRATEGY OF THE COMPLEX ON ITS OWN MARKET 
LIMITING FACTORS NO
ENVIRONMENTAL IMPACT STUDY NO 

EXISTING DOCUMENTATION ABOUT THE PROJECT
 

PROGRAM STUDY YES
FEASIBILITY STUDY NO
PRELIMINARY STUDY YES
INVESTMENT PROGRAM YES
LOCATION STUDY YES
BUILDING PERMIT NO
SIZE OF THE BUILDING SITE/HECTARES 18.982 m2
SIZE OF THE BUILT (SPACE) GROSS DEVELOPED AREA/M2 RENOVATION  
NEW CONSTRUCTION 2.499,66 m2
TOTAL 2.500,00 m2
NUMBER OF WORK POSTS CURRENT NUMBER  
DEVELOPMENT PROGRAM 100
TOTAL 100
ESTIMATED NET PROFIT BEFORE TAXES (EURO)  

ESTIMATED VALUE OF THE PROJECT IN EURO
 

TOTAL PROJECT VALUE 5.000.000,00 EURO
GUARANTEED FINANCING 0,00 EURO
SOURCES OF FUNDS  
FUNDS INVESTED TO DATE 2.000.000,00 EURO

OWNERSHIP STATUS %
 

LARGE SHAREHOLDERS 0,00
SMALL SHAREHOLDERS 0,00
FUNDS 0,00
TOTAL 100,00

FOREIGN INVESTMENT
 

INVESTMENT STRUCTURE EQUIPMENT/CAPITAL 
INVESTMENT VALUE (EURO) 3.000.000,00 EURO
POSSIBLE FORMS OF JOINT OWNERSHIP JOINT STOCK COMPANY

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