Holiday Destination: Dolenjske Toplice

Executive summary
Dolenjske Toplice is a town in the south-eastern part of Slovenia known for its geothermal springs (toplice means spa in the Slovenian language). The Municipality of Dolenjske Toplice has decided to pursue tourism and support infrastructure projects which would increase the destination’s appeal and tourism growth by expanding holiday accommodation and by adding sports facilities for more or less energetic pursuits to a special spa experience designed to reinvigorate patrons’ bodies and minds.

The property designated for development lies to the south of the centre of Dolenjske Toplice and the existing spa facilities between two meander bends of the Susica stream. The land parcel has the area of some 8.4 ha to accommodate a hotel, thermal and leisure pools and associated facilities, as well as housing for active, independent older people) and includes 85 ha for the construction of a golf course, horse-back riding, etc. with at least two thermal water springs.

Current status
The Municipality of Dolenjske Toplice (over 3,000 inhabitants on 110 km2) has a property of

over 90 hectares for commercial development. There are two residential buildings still standing and a small shoe factory, but both buildings are to be demolished and the owners compensated.

The planning consent (permission) was achieved in 2009 for the site (90 ha), and there is a detailed site location plan for the construction of accommodation and associated facilities on 8.4 ha.

Investment opportunity
The Municipality of Dolenjske Toplice (over 3,000 inhabitants on 110 km2) is offering

over 90 hectares for property development in a bid to play a bigger role in a tourist trade that already lures numerous visitors to the Dolenjska region:

- a hotel with indoor and outdoor pools and recreational facilities complete with associated facilities (retail, shopping, dining, entertainment …),

- 200 holiday apartments (freehold or leasehold),

- an 18-hole golf course complete with a practice facility, club house and associated facilities,

- housing for senior citizens in the vicinity to the western bend of the Susica complete with daytime, entertainment and dining areas, and health service.

Budget / Total Cost

Estimated property development budget:

 - hotel accommodation and a water park: .....€ 32,000,000

 - holiday apartments: ............................... € 24,000,000

 - Golf course: ......................................... €   6,400,000

 - Senior citizens home: ............................. €   9,800,000

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   TOTAL: ................................................ € 72.200.000

Project finance / Support
The local authorities offer this unique freehold property (the agreements with other owners have already been sealed) complete with its thermal springs to enhance a spa resort positioning  which will generate a series of year-round, all-weather visitor attractions.

The destination’s proximity to the international airports of Ljubljana and Zagreb (1.5 hours) and an airstrip (6 km) makes the unspoiled nature and man-made facilities easy to reach.