• Investment
• Renovation project
• Business
• Rental business
• Gusthouse business
• Holiday home
• Retirement property

Full description:

Attractive investment property in Ljutomer/POMURJE

For sale is a real historical gem located in the heart of Prlekija, specifically in the picturesque town of Ljutomer. This remarkable building, dating back to 1799, boasts a rich history. Although it has stood the test of time, it has succumbed to wear and tear in the past decade and now urgently needs renovation. The house's prime location in the center of the wine-growing capital ensures that all essential services and attractions are within easy reach. However, since the town center is protected as a "cultural monument," any purchase and restoration must adhere to the guidelines set by the Institute for Cultural Heritage, based on the Municipality of Ljutomer's decree on protected cultural heritage.

The building is renowned locally and in the surrounding area as the former wine bar/restaurant "Ljutomerska klet – The Wine Cellar of Ljutomer." Currently, the entire building is vacant, awaiting a new owner. The property includes a basement, first floor, and attic. From the street, it appears to have a ground floor (Ljutomerska klet - The Wine Cellar of Ljutomer), a first floor, and an attic, as it is built into a slope beneath the church that stands prominently above Ljutomer. Historically, the first floor has been used as a residential space, featuring a large apartment with an entrance accessible from behind the building, via the churchyard. Concrete steps lead from the street to the churchyard, providing access to the apartment.

The apartment, with its classic bourgeois style, features high ceilings, large wooden windows, and wooden floors, covering an area of 121 square meters. It comprises two spacious bedrooms, a kitchen, a dining room, a bathroom, a hallway, and a living room. The apartment has been unoccupied for some time and requires complete renovation. A staircase from the apartment leads to the attic, which has a high roof. While the roof and gutters are in poor condition, the attic could be converted into an additional apartment, though installing skylights might be restricted due to its protected status.

The property sits on a building plot, but no additional land is included. Although this might seem limiting, it’s worth noting that the surrounding land is public property. With municipal approval, arrangements for parking and land use can be made. Access to the apartment is only through church property, but there are no anticipated issues regarding this access.

The building is connected to water, sewer, gas, and electricity networks. The apartment is heated by a gas stove. There is no information on the connection to the optical network, but this can be easily arranged if needed. The wine bar/restaurant area below the apartment includes a large space, storage, a bar, and restrooms, covering 45 square meters. Additionally, there is a 34.5 square meter space on this floor that can either be incorporated into the bar/restaurant or converted into a garage for the building owner.

This property presents an exciting opportunity for investors interested in hospitality and accommodation services or those looking to rent out units long-term or to tourists. It also offers the potential for a combined living and guesthouse business. Significant investment in renovation is required. The property is sold "as seen," free of encumbrances except for the cultural heritage designation. As a condition of sale, the sellers require the future buyer to pay 2% of the real estate transaction tax and cover the cost of the title transfer with an agreed-upon lawyer or notary. The seller will cover the agency fees.

The property comprises:

Property size: 200 sq m

Land size: 146 sq m

Built: 1799

Renovated: 1950

Price:€ 35,000

Property ID: TPLjutomerskaKletNSV

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