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, with multi-slope roofs angled between 43-45 degrees.

• 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 2,990,000 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 6,010,000 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.