Hotel with 50 rooms in Labin, Croatia, for sale

General information

The historical estate in the Labin area covers 18,772 m² and is enclosed by stone walls. Within these walls stands the Baroque Franković-Lazzarini palace, built in the early 17th century. The property includes a decorated Istrian tavern, a luxurious restaurant with approximately 100 seats both inside and on the terrace, a summer stage for larger events within a landscaped park, and a group of buildings on the west side of the wall. The existing restaurant operates as a tavern inside the Baroque palace. The rest of the palace requires renovation and reconstruction according to an already developed conceptual project. The planned accommodation capacity is 86 beds, or about 28 apartments. With the construction of additional facilities on the west side of the wall, the capacity could exceed 50 apartments, including all services and amenities expected of a high-quality resort. The owner is selling the entire property with the project, and development can begin immediately. This is a unique hospitality and tourism complex with cultural and historical significance, located in a strategically important area. At the moment one building is functioning as a restaurant, the other buildings are ruined. The whole complex requires complete remodelling.

Location

Labin is a town located in Croatia, known for its historical significance and strategic importance in the region.

Infrastructure and features

• Historical estate covering 18,772 m²
• Baroque Franković-Lazzarini palace built in the early 17th century
• Decorated Istrian tavern
• Luxurious restaurant with approximately 100 seats
• Summer stage for larger events
• Landscaped park
• Planned accommodation capacity of 86 beds or about 28 apartments
• Potential to exceed 50 apartments with additional facilities
• Project for renovation and reconstruction already developed
• Entire property for sale with the project