€1.350.000
Premium building land plot near "Crowne Plaza"
Sale of a development site with the potential to build a 16.190 m² residential complex or up to 21.678 m² apart-hotel in the immediate vicinity of the Crowne Plaza hotel. The plot is offered at €1.265.830 less (-48,39%) than its estimated residual value, or even €806.017 less (-37,38%) than the conservative tax valuation by the Čajetina Municipality Tax Administration. The share of the land price in the total project value (GDV) is just 4,42% (the standard on Zlatibor is between 10% and 15%).
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