Apartment Building with Approved Extension

Mariánské Lázně, Ruská

Key investment criteria

• high rate of construction
• the territory is intended for spas, public accommodation, and housing - apartment buildings, spas, complex of spa treatment rooms and buildings for public accommodation and catering are permissible here
• valid building permit for the reconstruction and extension of two buildings - 5* Spa & Wellness hotel, restaurant, approx. 3,300 sq. m. relaxation zone (sauna world, private spa, sports pool, relaxation pool, salt floating pool, pool bar, salt cave, 5 themed saunas, a separate section for Ayurvedic medicine and massages)
• total gross floor area after construction of the extension is 14,750 sq. m.
• the project is for the construction of up to 120 rooms with 252 beds
• the possibility of creating 64 garage spaces with the eventual extension of a stacker with a total of 99 spaces
• sale of a company (share deal)
• sole 100% owner of the company

Property description

• a building with 6 above-ground floors and 1 underground floor
• the current building is almost in its original form
• condition prior to reconstruction
• used as a hotel in the past, later as a school building
• total land area of 3,935 sq. m.
• the plots form a continuous unit

Location

The corner building has stood in the center of Mariánské Lázně since its heyday at the beginning of the 20th century. it's located in the monument zone and Slavkovský forest PLA. The building is easily accessible via Ruská and Pramenská streets, and there is a bus stop nearby. In the vicinity is a landscaped forest park suitable for strolls, and Hlavní Street is a 5-minute walk away.