4,237 sqm plot in a highly sought-after location, situated near a major natural tourist attraction in the hills of Transylvania
4,237 sqm
Residential, Commercial
Hilly with beautiful mountain views
"Intravilan" - intended for construction, whether for residential, commercial, or industrial purposes.
A specific permit for building a hotel with upto 40 rooms and a large swimming pool.
Land Parcel #105565All utilities are at the entrance of the property, including gas, water, sewage, and electricity. Double Road frontage is very wide, and aprox. 60 meters
Freehold
None. Ready for develpment
€65 price per sqm.
Ocna Sibiului, located near Sibiu, Romania, presents a promising opportunity for real estate investment, particularly due to its famous salt lakes, which are sought after for their therapeutic properties. These natural attractions draw both local and international tourists, sustaining high demand for wellness and relaxation experiences year-round, especially in summer.
Sibiu County is among Romania’s top tourist destinations, contributing to consistent visitor influx and enhancing property value potential. The limited availability of land near the lakes and other attractions further drives real estate values, offering significant capital appreciation opportunities. With Romania’s focus on expanding tourism infrastructure, Ocna Sibiului’s appeal as a location for sustainable development in the hospitality and wellness sectors is strong.
Investing in a 40-room hotel in Ocna Sibiului offers an exceptional opportunity for strong returns. The estimated total development cost is €1,754,405, covering all aspects including land acquisition, construction, infrastructure, and additional fees.
With an expected annual revenue of €1,466,000 from room bookings, restaurant services, events, and the spa, the projected annual profit is €806,300. This results in a ROI of approximately 46%, with the potential to recover the full initial investment in just 2.18 years, assuming stable income levels.
This investment provides significant long-term returns for developers and investors in the hospitality sector, particularly those seeking profitable ventures in a growing region like Ocna Sibiului.
Option 2: Develop and sell the hotel
With an estimated sale price of €3,200,000 (based on €80,000 PPR, with prices going as high as $100,000), the potential profit from selling the property could reach €1,445,595. This results in an impressive ROI of approximately 82.4%
As a reminder, the plot has approved plans for an hotel!
The Ocna Sibiului plot is ideal for developing a 40-room hotel with wellness amenities, like a spa and pool, to attract visitors to the area’s famous salt lakes. Its prime location also supports potential for a residential or mixed-use project, with strong demand driven by high tourist activity and existing utility infrastructure.
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Agriculture
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