ChaletDorf Durmitor represents a rare opportunity to acquire a comprehensive resort project in Žabljak, near the Durmitor National Park (UNESCO). The project is designed as a premium mountain resort, focused on wellness and longevity programs, which provide a key competitive advantage and year-round demand. It is not just the land that is being sold, but a fully structured resort business concept, with a clear monetization logic both during the real estate development phase and after the launch.
The main asset is a consolidated plot of 45,122 m² along with the entire package of prepared materials. The authorized above-ground buildable area of the project is 18,925.77 m², which provides sufficient scale for a resort while maintaining a sense of privacy and low density—critical for the luxury segment. Utility networks are brought up to the plot boundary, access is via an asphalt road, and an internal road network already exists within the site, significantly lowering the entry barrier to start construction.
The project's investment potential is revealed through two scenarios, which can be applied sequentially or combined. The first scenario is development, involving the construction of the main hotel building, two apartment buildings, and the option of build-to-contract private chalets on 19 independent plots. Monetization at this stage is based on the sale of units—hotel rooms and apartments—as well as the sale of chalets as a standalone premium product. The financial model includes a guaranteed 10% annual return mechanism for unit buyers, enhancing product liquidity and broadening the target audience of investors at an early stage. The second scenario is long-term operation of the resort after launch, when the project becomes an operating business with recurring revenue from accommodation, wellness programs, and service infrastructure, plus the potential for asset appreciation as the brand strengthens and occupancy grows. According to the financial model's calculations, the total project return in the base scenario exceeds 80%.
An alternative transaction format is also available for an investor interested solely in the hotel complex with apartments. It is possible to acquire not the entire plot, but a segregated portion of 22,874 m² for a price of €3.12 million. The project's financial model is structured by zones and allows this parcel to be considered as an independent investment lot, with the same monetization logic and comparable economics in both the development scenario and post-launch operation.
The interested investor will be provided with a document package for due diligence and decision-making:
- Technical-economic feasibility study of the project, including baseline data, assumptions, legal and urban planning status, zone structure, market and financial analysis, and transaction options.
- Financial model with planned revenues and expenses by quarter, including the development profit and loss account by zones (Hotel, Residence, Village) and the operational financial model of the resort after launch.
- Land ownership certificate and extract from the Central Register of Legal Entities for the owning company.
- Contract templates with agents, clients, and partners.
