CA1588

Profit from the coming boom in Europe’s fastest-growing ski tourism destination

Not many people know that the Carpathian mountains near the historic regional capital of Lviv is an area that’s set to explode in popularity for ski and summer tourists. A megaproject partnered by the European bank of Reconstruction and Development is set to commence building next year in 2020.

It’s a huge project, comparable to Les Arcs development in the Alps. Thousands of hectares of land in the region of Slavske have been given to the enterprise by the government. Total investment is likely to exceed $500 million. This is obviously going to have a huge impact upon the range of facilities in the area and massively boost tourist numbers.

This property is a hotel and restaurant, a sort of mini village, and is ideally located to benefit from the imminent huge upgrade to the area. Its location near Slavske is on the biggest and most popular international road E471 to Hungary, Slovakia, Czech Republic, from Kiev , Lviv , and elsewhere in Ukraine. The vast majority of visitors to the boom ski area will pass just 500 m from its gates. It’s 100 km to Lviv, 10 km to the nearest ski lifts (pre-megaproject) and 630 km by main road to the capital Kiev.

On offer is a main building extending to 880 m², housing 2 restaurants and hotel rooms. Separately, there are 4 cottages (2 floors) with 16 guestrooms and a larger cottage with accommodation for another 4 guests. Total accommodation is for 58 guests with a lot of potential for expansion as the site extends to 1.2 ha of land, with no problem for building permits.

For the main restaurant - 70 seats . The Bar - 30 seats. Banqueting hall - 30 seats. Total - 130 seats + summer tables which can add another 300 seats.

The owner is elderly and has wound down activity at the complex. They used to be 9 waiters and 7 cooks and daily income was UAH 360 000 to 500 000 ($13,800 to $19,800).

Aside from the high income potential, it’s hard to do justice to how attrtactive and interesting place this is. It's a beautiful site with around 1300 unique trees planted on the site and a botanic garden. This meshes very well with the emphasis on eco-tourism that is a hallmark of the new mega project.

With investment of around $100,000, and active management, income could be boosted to beyond $20,000 a day. In short, this is a wonderful owner occupier lifestyle and business opportunity, or hands off investor prospect.

A genuine and unique offer, well located to ride the increase in property values following the start of the mega project.

We’d be delighted to introduce genuine prospective buyers to this opportunity as we know it’s a wonderful place with enormous potential.

Offers in the region of 1.3 million USD.

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Property with reference: CA1588