Land in Bled, Slovenia, 918 m²

The facility is intended for investment and combines residential and commercial functions. The land area is 918 m2. This location is attractive to investors due to the availability of a valid building permit for renovation into an apartment building with a restaurant and wellness center. This permit is valid until 2026.

The building was built around 1700 and includes three levels with a total area of 118 m2 along with a barn.:

• Basement: boiler room and storage room
• Ground floor: entrance hall, kitchen, living room, pantry, bathroom
• Attic: unfinished

There are also two auxiliary buildings on the site: an outbuilding (30 m2) and a barn (18 m2). The current status is residential use.

The location of the property in the center of Bled, just 500 meters from the lake, is an ideal opportunity for the development of this project. This facility has significant investment potential: according to preliminary calculations, it is possible to achieve a 7% annual return by renting apartments.

The validity of the building permit applies to the following facilities:

• Reconstruction, expansion and change of purpose of an apartment building and a barn into an apartment hotel (building with five apartments for guests) — Building A
• New construction / boarding house — Building B
• Wellness and guest facilities — Building C

The location is characterized by a well-developed infrastructure and proximity to key city facilities.

Technical specifications:

• Land area: 918 m2
• Living area: 118 m2
• Two auxiliary buildings: 30 m2 and 18 m2
• Availability of a building permit
• Potential yield: 7% per annum

The facility has been assigned a high level of investment attractiveness — 8 out of 10. This is due to the advantageous location and the availability of permits for the development of real estate.

Total cost of the property: 498,000 €