Hotel Bellevue, Ljubljana – guide price 7 mio € – SOLD
The property is situated in the most beautiful part of central Ljubljana, in over 13,000m2 of parkland, just 5 minutes walk from the centre and old town. Built around 100 years ago, the hotel has been closed for the past 10 years, and is in need of complete refurbishment. An architect’s project has been prepared to extend the property from its current 1,314m2, whilst retaining the historical façade, to create a 5-star, 79 bedroom property of 10,799m2, with 87 underground parking spaces, a wellness centre with pool and conference facilities for 150 delegates. The estimated cost of building works is 15m€. Whilst some banks in Slovenia have liquidity problems due to the global financial crisis, there are at least 10 that will lend up to 70% LTV for the purchase of hotels, subject to status.
