01/05/2024
Luxurious Hotel/Apartment Land Opportunity in Augustów - 3392 sq m Plot Ready for Development with Permit Opportunities
Explore a premier investment opportunity in the picturesque town of Augustów, located in the Podlaskie Voivodeship of northeastern Poland. This offering includes a 3392 sq m plot primed for the development of a luxurious hotel or apartment complex.
Key Features:
- Plot Details: Designated as plot no. 40/2 in precinct 4, this land spans an area of 3392 sq m. It's currently classified under use class LsVI, with an official decision to exclude it from forest production, making it ideal for development.
- Zoning and Development: Under the current local development plan, the plot is zoned for hotel development. Permitted building specifications include a maximum height of 12 m across 3 floors.
- Building Possibilities: The plot allows for a development footprint of 1187 sq m (35% of the plot area), translating into a potential built-up area of approximately 1500 sq m over three floors. This space could accommodate up to 45 hotel rooms or 24 apartments, with additional options for service areas such as restaurants on the ground floor.
Location Benefits:
- Tourist Hotspot: Augustów is a renowned health resort and major tourist destination attracting approximately 250,000 visitors annually. The area is celebrated for its scenic lakes, Augustów Forest, and the historic Augustów Canal, offering abundant recreational activities including sailing, kayaking, and cycling.
- Accessibility: Situated at a strategic intersection near major national roads, the plot offers excellent connectivity to Warsaw, Białystok, and other significant urban centers.
Investment Potential:
- Financial Overview: The plot is priced at €650,000 (approximately 2,900,000 PLN). Estimated construction costs are around 6,000,000 PLN, with a projected total sales value of approximately 15,000,000 PLN upon completion, leading to a potential gross profit of about 6,100,000 PLN.
This property represents a unique opportunity not only to invest in but also to contribute to the upscale transformation of the local real estate landscape. With the plot’s robust potential for high returns on investment through either a hotel or luxury apartments, this is an exceptional venture waiting for the right investor.
Developer Support: Full support will be provided in renewing the building permit and adapting the project to meet the latest architectural trends and market demands.
Investing in land and developing real estate in Augustów, Poland, presents a unique set of advantages compared to other regions, making it an attractive location for hotel complexes or apartment buildings.
Strategic Location and Development Opportunities: Augustów is positioned at a strategic intersection of national roads leading to Warsaw and Białystok, enhancing its accessibility and visibility, which significantly increases its investment attractiveness. The local government's commitment to pro-development investments and the availability of fully developed investment areas are key for the economic development of the city, positioning Augustów as an ideal locale for service development in various sectors, especially those related to spa treatment, tourism, and recreation.
Tourism and Recreational Appeal: Augustów is renowned as a significant tourist center in the Podlaskie Province, with its status as a health resort since 1993. The town's natural advantages, including surrounding lakes, the Augustów Forest, and the historic Augustów Canal, draw approximately 250,000 tourists annually. Its aquatic and natural resources make it a perfect destination for a wide range of outdoor activities, from kayaking and sailing to cycling and horse riding.
Economic and Competitive Advantage: A comparative analysis of regional competitiveness in Poland highlights that the attractiveness of a region can greatly impact its economic development and investment potential. Factors such as demographic trends, labor market conditions, transport infrastructure, and local industries play a crucial role. For Augustów, the presence of thriving boat building industries, a modern to***co factory, and other manufacturing plants, combined with a relatively large number of business entities, including those in the industrial and construction sectors, underscore its economic vitality.
Environmental and Social Sustainability: The principles of sustainable development, emphasizing socio-economic growth that integrates political, economic, and social activities while maintaining natural balance, are increasingly important in assessing the competitiveness of regions. This concept focuses on offering businesses and residents an attractive and sustainable environment for living and working, considering future generations' well-being. Augustów's commitment to environmental values and social equality enhances its appeal as a sustainable investment destination.
Unique Cultural and Historical Heritage: Augustów's historical significance, combined with its vibrant cultural scene and picturesque landscapes, further enhances its attractiveness as an investment location. The town's recognition as the "Nicest City in Poland" in 2014 underscores its appeal not just for tourists but also for potential investors looking for locations with a high quality of life and unique cultural offerings.
In conclusion, Augustów stands out due to its strategic location, rich natural resources, economic vitality, commitment to sustainability, and unique cultural heritage. These factors collectively make it a compelling option for developing hotel complexes or apartment buildings, promising both profitability for investors and enriching experiences for visitors and residents alike.
Contact us: 515 870 007
