ISTRIA, LABIN – Hotel & Tourism Complex

ISTRIA, LABIN – HOTEL & TOURISM COMPLEX Just a few minutes' drive from Labin and only 4 km from the crystal-clear sea and the beaches of Rabac, this unique tourism estate represents a rare investment opportunity on the eastern coast of Istria. Located in the peaceful village of Ripenda, on a hillside overlooking the medieval town of Labin, a distinctive hospitality complex that successfully combines authentic Istrian architecture, an unspoiled natural setting and exceptional development potential. The estate extends over an impressive 23.500 m² of land surrounded by greenery, forests and untouched nature, offering guests privacy, tranquillity and an authentic Istrian experience. The main building, with a gross area of approximately 615 m², operates as a hotel and restaurant and features 10 comfortable en-suite guest rooms, a reception area, service facilities and a fully equipped restaurant with 40 indoor and 60 outdoor seats, accommodating approximately 100 guests. The building consists of a ground floor (175.65 m²) with a restaurant, kitchen and terrace, a first floor (187.25 m²) with guest rooms, corridors and bathrooms, and a second floor (187.25 m²). It is equipped with central heating, air conditioning, internet, satellite television and all the infrastructure required for year-round operation. The restaurant, renowned for its authentic Istrian cuisine, together with the spacious covered terrace and beautifully landscaped grounds, provides the perfect setting for weddings, private celebrations, business events and various social gatherings. In 2023, a new 12 x 6 metre swimming pool was constructed, complemented by landscaped sunbathing lawns. More than 2,000 m² surrounding the pool is equipped with an automatic irrigation system and elegant ambient lighting, creating a unique atmosphere during the evening hours. One of the property's greatest assets is its outstanding development potential. Behind the main building lies an authentic ethnographic village comprising 6 traditional Istrian stone houses, all registered in the cadastral and land registry records. Some buildings are currently in ruins, while one has an existing roof structure. Design documentation has already been prepared for their renovation. In 2012, six valid building permits were obtained for the reconstruction of these stone houses and the expansion of the tourism complex. The conceptual project envisages the conversion of two connected houses into five modern studio apartments with accommodation for up to 18 guests, almost doubling the current accommodation capacity. The project also includes a large indoor heated swimming pool with wellness facilities, a glazed tunnel connecting the pool to the main building, the enclosure of the existing terrace with glass walls and the extension of the outdoor terrace. Adjacent to the pool area there are approximately 12,000 m² of building land, significantly increasing the investment value of the estate and offering excellent opportunities for further tourism development, subject to planning regulations. The north-western part of the estate includes a spacious 4,000 m² meadow, suitable for a wide range of commercial uses, including sports facilities, wellness and recreational amenities, outdoor wedding venues, event spaces, team-building programmes, as well as the development of a campsite or luxury glamping resort. Thanks to its size, configuration and existing infrastructure, the complex offers outstanding potential for numerous tourism concepts, including a boutique hotel, heritage resort, wellness and spa centre, medical and rehabilitation tourism, sports and recreation centre, equestrian resort, rural retreat, wedding and event venue, or a luxury villa and apartment development. The combination of authentic Istrian architecture, traditional stone houses, a fully operational hospitality facility, extensive land and existing development documentation makes this property one of the most remarkable investment opportunities in eastern Istria, and arguably on the northern Adriatic. This is not only a successful tourism property, but also a long-term investment with clearly defined opportunities for expansion, development and significant value appreciation in one of the most attractive locations on the northern Adriatic. Contact us today to arrange a viewing.