PRICE UPON REQUEST

Your 5 star dream in the Mediterranean !Old residential property villa with garden, Villa San Loren is located on the sea front in Fažana, only 30 meters from the sea. The Villa is adjacent to the public road with the necessary infrastructure. Undeveloped land is located behind the villa as shown on the location map.

Land plots represent one spatial unity making a rectangle of approximately 220-230m x 56-90 m. Total area is 15.023 m². The land is entirely fenced. Terrain is flat with low and high vegetation. The site has immediate road access. The location is integrated into public infrastructure

network and has good traffic connection with significant roads as well as with the town

centre of Fažana and close-by cities (Valbadon, Pula). !

!VILLA SAN LOREN Istria, Fažana - CROATIA

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!GENERAL DESCRIPTION !Valid construction authorisation has been obtained for the Villa as well as approved design plans for the Villa to be converted into a 5 star hotel, with 2.245 m² gross developed area. !Designs are made for: - 1.921 m² GDA for hotel (villa + additional buildings) - 212,4 m² GDA for pavilion buildings for recreation - 110,9 m² GDA for open pool In other words: - Hotel with 14 double rooms & 3 apartments (max. capacity of 34 beds) - Lounge bar - Restaurant with 74 seats - Indoor pool with additional facilities for relaxation and recreation (sauna & fitness) - Other necessary support & service facilities according to the Categorization Rulebook for Hospitality Buildings - hotels group. Execution documents have also been prepared. Project documentation can be inspected at request. !LAND !Development land is located in T1 zone – tourist zone, detailed plan (DPU) is not required. Consequently, permitting process can start immediately. !Urban plan of tourist zone Vila San Loren

(UPU) prescribes following requirements: !T1 – hospitality and tourism use – hotel - Constructed area transformation - Type of construction: • Low rise (ground floor only): 7.440 m² • High rise (basement, ground and 2 additional floors): 2.822 m² • Parking (outdoor parking): 4.761 m² !The following conditions are to be applied for the whole zone UPU San Lorenzo (total area 6,0Ha): Capacity 300 Area size 6 ha Built area 90% Work positions 40 !TYPE HOTEL !Category: 4 Location within protected sea line: yes Land construction coefficient 0,1 – 0,3 Land usage coefficient maximum 0,8 Applying the above requirements to 15.023 m² it is estimate to be able to construct: Gross developed area approx. 12.000 m² !

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Location

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Contacts&Info GC Damir Murkovic - private consultant

Via Carducci, 8 34133 Trieste - Italy

Tel. +39 040 369693 info.croatiarealestate@gmail.com