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#Business ID: 13429

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SKI Resort Including Hotel and Apartments

Business Location: Velka Lucivna, Slovakia

Asking Price: € 3,000,000 Revenue: not disclosed Cash Flow: not disclosed

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

INVESTMENT OPPORTUNITY:Ski Resort Sports Center Lučivná SKI,Hotel Smrečina*** and project "Lučivná Village".

The center offers customers 5 ski slopes with a total length of 3.1 km. Baby slope has a length of 150 respectively 550 meters, slopes Magura 400 respectively 570 meters. The rarity of the center is a black slope, which is the steepest in Slovakia.

SMREČINA Hotel is located between the villages Párnica and Zázrivá, directly in the center Lučivná SKI. Hotel provides plenty of rest in the quiet enviroment and sports for clients in summer as well as the winter months. The hotel has mostly 2 bed rooms. Total capacity is 44 rooms; the bed capacity is 135 beds including the extra beds. There are 95 permanent beds. Guestrooms offer wifi access, balcony, toilets, telephone, bath or shower. Hotel provides plenty of rest in the quiet enviroment and sports for clients in summer as well as the winter months.

In summer there is a rope ladder park, archery, football fields, volleyball and tennis courts, hiking, four wheeler drive and child friendly activities in the playground with climbing frame, trampoline and a small rope ladder park.

Project Lučivná Village is located approximately 80 meters from the SKI centre and the Smrečina hotel. It consists of 10 log cabins and 12 suites. At present, the foundation for all 10 rustic cottages with a total area of each cottage 86,27 m2 are prepared. Estimated investment to complete each cottage is € 30,000 excluding VAT. Project documentation is included in the sale. Regarding to the competitive prices of apartments in the area assume minimum selling price of cabin at € 86,270 excluding VAT.

Legal expert opinion prepared for Lučivná SKI Sport Center and Hotel Smrečina is the worth € 3,818,000. The property, which was rated by professional estimate, is € 188,300 and € 340 000. Total estimated value of the property is € 4,346,300.

Regarding to the sterile investor environment in Slovakia the owner is ready to offer the Hotel and Ski Centre in totaling: 3 000 000 €.

Property Details

Size:

See attachment, investment memorandum

Years Established:

2007

Property Type:

Real

Real Estate Value:

€ 4,006,300

Other Business Details

Business Location:

Mala Lucivna (google Velka Lucivna)

Premise Details:

See attachment, investment memorandum

Competition:

See attachment, investment memorandum

Expansion Potential:

Yes

Living Accommodation?

Yes
See attachment, investment memorandum

Miscellaneous Details

Financing Available:

Yes
The owner offers financing in form of leasing for period of 5 years. More information is available in personal meeting.

Reason For Selling:

Retirement

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