THE CROATIAN INVESTMENT CONSULTANTS AND PROMOTION AGENCY


  INVESTMENT OPPORTUNITIES IN CROATIA

TOURISM AND CATERING PROJECTS IN CROATIA


DATA OF PROJECT 25

PROJECT TITLE: TOURIST VILLAGE OF THE ISLAND OF MALI LOSINJ COUNTY OF PRIMORSKO GORANSKA
 

GOAL OF THE PROJECT  THE CONSTRUCTION OF A TOURIST VILLAGE WOULD BE UPGRADE THE TOURIST SUPPLY OF MALI LOSINJ

THE HOTEL AND THE BUILDINGS WOULD BE OPEN ALL YEAR ROUND

PROJECT DESCRIPTION WITHIN THE TOURIST VILLAGE; THE FOLLOWING WOULD BE CONSTRUCTED:

A HOTEL FOUR STORY BUILDING; WITH DIMENSIONS 80X34m WITH TOTAL AREA OF 3.945m2 AND 80 BEDS

INDOOR SWIMMING POOL

CAPTAIN VILLAS; WITH 2 APARTMENTS; 10 INDEPENDENT BUILDINGS; BUILDINGS G+1 OF TOTAL AREA OF 1.920m2 80 BEDS

OTHER EXISTING FACILITIES

DESCRIPTION OF INVESTMENTS TO DATE THE LAND WAS BOUGHT IN 1997 FOR THE FOLLOWING PURPOSES:

TO BUILD A HOTEL COMPLEX 3.375m2
LOTS FOR CAPTAIN VILLAS 3.600m2

THE DRAFTING OF THE PROJECT DOCUMENTATION ID UNDER WAY 

DESCRIPTION OF EXPECTED FINANCING FROM FOREIGN INVESTOR AS ITS SHARE IN THE JOINT VENTURE; THE OWNER INVESTS THE LAND ; ALL THE NECESSARY DOCUMENTATION AND APPROVALS

A FOREIGN INVESTOR IS EXPECTED TO INVEST MONEY AS ITS OWN SHARE AND TO GIVE CREDIT SUPPORT

LIMITING FACTORS NO
ENVIRONMENTAL IMPACT STUDY THE STATE OFFICE FOR ENVIRONMENTAL PROTECTION GAVE A FAVORABLE OPINION PARTLY DRAFTED

EXISTING DOCUMENTATION ABOUT THE PROJECT
 

PROGRAM STUDY YES
FEASIBILITY STUDY NO
PRELIMINARY STUDY YES
INVESTMENT PROGRAM NO
LOCATION STUDY NO
BUILDING PERMIT NO
SIZE OF THE BUILDING SITE/HECTARES 6.975,00 m2
SIZE OF THE BUILT (SPACE) GROSS DEVELOPED AREA/M2 RENOVATION  
NEW CONSTRUCTION 7.343,00 m2
TOTAL 7.343,00 m2
NUMBER OF WORK POSTS CURRENT NUMBER  
DEVELOPMENT PROGRAM 24
TOTAL 24
ESTIMATED NET PROFIT BEFORE TAXES (EURO)  

ESTIMATED VALUE OF THE PROJECT IN EURO
 

TOTAL PROJECT VALUE 15.500.000,00 EURO
GUARANTEED FINANCING 2.200.000,00 EURO
SOURCES OF FUNDS  
FUNDS INVESTED TO DATE 2.200.000,00 EURO

OWNERSHIP STATUS %
 

LARGE SHAREHOLDERS 67,00
SMALL SHAREHOLDERS 29,00
RESERVATION CROATIAN FUND FOR PRIVATIZATION 4,00
FUNDS  
TOTAL 100,00

FOREIGN INVESTMENT
 

INVESTMENT STRUCTURE EQUIPMENT/MONEY
INVESTMENT VALUE (EURO) 13.300.000,00 EURO
POSSIBLE FORMS OF JOINT OWNERSHIP JOINT STOCK COMPANY

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