Multifunctional investment property by the Dreta River - former hotel

At an exceptional location on the Dreta River, we are selling a multifunctional commercial-residential building with great investment potential. The property was originally designed as a hotel; the current owner in 2023 converted the right-hand part of the building into 16 residential units – 8 studios on the ground floor and 8 one- or two-bedroom apartments on the first floor, which are currently successfully rented. The property represents an excellent opportunity for investors, as it combines immediate income from renting the apartments and significant potential for further development of the remaining part of the building. The left part of the building includes a pool area with saunas, a conference hall or restaurant, a professional kitchen, and a presidential apartment, which has not yet been renovated and offers numerous possibilities for future use. Given the size of the building, the layout of the spaces and existing infrastructure, the property is suitable for various activities, including restoring a hotel or apartment activity, a tourist complex, a home for the elderly or assisted living, a rehabilitation or health-wellness center, a business-accommodation center, or a combination of residential, hospitality and service activities. Welcome to viewing! MAIN FEATURES • former hotel property • 16 renovated residential units • suitable for different activities • several parking spaces at the property AREA • Total area: 2466 m2 • Parcel: 1967 m2 ROOM LAYOUT • Right side of the building: 8 studios on the ground floor, 8 one- or two-bedroom apartments on the first floor • Left side of the building: pool area, saunas, conference hall or restaurant, professional kitchen, presidential suite, additional ancillary spaces RENTAL STATUS • 15 residential units are currently rented • letting is established and provides a steady income • possibility of further developing the remaining part of the building without interrupting ongoing operations POTENTIAL AND INTENDED USE • hotel or apartment activity, • tourist and wellness complex, • home for the elderly or assisted living apartments, • rehabilitation or health and wellness center, • business-accommodation center, • a combination of residential, hospitality and service activities. INFRASTRUCTURE The property is located in a quiet and accessible location on the Dreta River, surrounded by nature and with views of the surrounding hills. The location provides an excellent starting point for tourist, wellness, health or residential projects and represents a rare opportunity to acquire a larger building with an already established income stream.