More than 700 investors interested in projects in Croatia.
Villa Kremešek in Primorje-Gorski Kotar County, along with Villa Lovor and Villa Toplice, Villa Izvor in Lika-Senj County and Villa Bianca in Split-Dalmatia County are just some of the most sought after properties among investors who have expressed their interest for the Project 100 which was started last year, reports Vecernji List on February 21, 2016.
For the 100 projects there are 720 interested potential investors, but for some of the most attractive properties more than 30 offers have been received. The Office for State Property Management (DUUDI) has included in the list a hundred neglected state-owned buildings and plots of land. Some of the deals are very close to being concluded, including Muzil near Pula, but there are also those which have been stopped due to unresolved property issues or problems with the planning documents. The new government of Prime Minister Tihomir Orešković will have to find a way to speed up the planned sale of the neglected state properties.
For example, ten potential buyers have applied for a plot of land in Zdenčina near Zagreb. However, after the state announced its plans for the plot, the municipality has changed its zoning plans and announced the construction of the recreation centre at the site, so the planned state-led project was dropped.
Although last year the government planned to earn about a billion kuna from sale of the properties, the amount was much smaller, but at least something was done to start the process which should revive the neglected state properties and put them to use for industry and tourism. The new government should now only find a way to speed up the whole process.
In addition to properties in Zagreb and surroundings areas, there is major interest for buildings and plots of land on the Adriatic coast, which includes a large number of abandoned military barracks. Among those interested in tourism facilities and projects are, for example, Karisma, Titan Nekretnine, Adriatic Amber Domit Trade, Jadranski Luksuzni Hoteli, Solaris … And those who are more interested in investing in production facilities are Metaling Inženjering, Cargo Centar, Apis IT, Atir…
The government also plans to sell the entire company Državne Nekretnine (State-Owned Properties), which includes about 5,000 apartments and business premises. First estimates say that potential investors could pay as much as a billion kuna for the whole package. Among the commercial premises, there are many very attractive locations in the very centre of Zagreb, Split, Rijeka and Osijek. With the sale of the company and a number of other projects from the list, the government could earn a substantial amount of money without selling its shares in various companies, which is also being mentioned as one of the possibilities for reducing the budget deficit.
