Drenov grič (Vrhnika), Slovenia — premium land-development in the suburbs of Ljubljana with a ready permit base
Drenov grič is an investment project in one of the most stable suburban areas of Ljubljana, focused on the rapid monetization of land assets through structuring and splitting into individual lots. The location has already been formed: part of the settlement has been built up and implemented, demand is supported by families in the middle and upper-middle segment, and the supply of sites with clear documents in this corridor is limited.
Key parameters
Location: Drenov grič, Vrhnika municipality, a suburb of Ljubljana (10-15 minutes to the center)
Land area: 30 597 m2
Project: 51 single-family row houses / 51 building lots
Average lot size: about 600 m2
Implementation period: 12 months reference point
Price: 7,650,000 €
ROI: 11.7% over 12 months (according to the financial model)
Legal and technical readiness (risk reduction)
Authorized urban planning permit
The utility fee has been paid
The building project has been approved
The project is an extension of an existing residential area (not a "field" asset)
Investment idea
To buy a plot of land in a single lot at a price lower than the total "retail" value and monetize it by splitting into independent plots (lots) and selling to private buyers and small developers. A phased implementation (phase sale) is allowed to create a shortage and increase the price.
Financial guidance (12 months)
Land purchase price: 7,650,000 €
Planned revenue: 9 180,000 €
Net profit: 960,000 €
Conservative price per lot: 180,000 €
Upside: sale for 195-200 thousand. € per lot increases the final profit
Why is this interesting for an investor
Strong suburban location with quick access to Ljubljana
Minimization of permissive risks: the documents and the project part have already been prepared
High product liquidity: "a ready-made lot with a clear infrastructure"
Flexible exit strategy: selling in one pool, in lots or in phases
Suitable for: private investor (horizon 12-18 months), developer without the desire to build independently, investment fund / Family Office (low-risk residential land).
