A few days ago we published on our website investment project Park Lesn\u00e1***<\/a>. It is the construction of family and holiday homes in the High Tatras.<\/p>\n\n\n\n
Project details can be seen in the INVESTORS CLUB section<\/a>. By the way, it's been 3 days since the project was published, achieved a decent success. <\/strong><\/p>\n\n\n\n
It is an exceptional location.<\/p>\n\n\n\n
PS:<\/strong> I'll take those pictures and pin them to our Facebook page<\/a>, so like it so you don't miss it. In case I forgot, I hereby ask my colleague Maria to remind me :).<\/p>\n\n\n\n
A few years ago in Stara Lesna Phase I of the construction of holiday homes has started<\/strong>which was a huge success and every last house sold.<\/p>\n\n\n\n
By the way, the rent for a holiday home here is somewhere around 130 euros\/day. Great business at 80% occupancy. <\/p>\n\n\n\n
The demand for holiday properties in the High Tatras has increased sharply in recent years. The breakthrough came<\/strong> sometime in 2013-2014 after several terrorist attacks in Europe's frequented tourist centers and well-known holiday resorts. <\/p>\n\n\n\n
Slovaks, Czechs, Poles, but also Russians (not only them) started to look for safe and close places for holidays with their families. During this period, the phrase began to resonate throughout Europe, not \"luxury or lucrative holidays\", but \"safe holidays\"<\/strong>. <\/p>\n\n\n\n
If your hotel in that\ntime Google found it under the phrase \"safe vacation,\" you would have\nsold out in 10 minutes.<\/p>\n\n\n\n
The High Tatras seem to have become just the safe holiday (if you don't climb in sneakers in bad weather on Gerlachovsk\u00fd \u0161t\u00edt without a mountain guide), but at the same time a beautiful and unique holiday destination with beautiful nature, as if made for adventures.<\/p>\n\n\n\n
Other important factors<\/strong>that have influenced the visitation of our mountains are applications booking.com<\/a>, airbnb.com<\/a> and others, through which people from any part of the world can book a stay at an attractive price and plan an easy and inexpensive trip directly to us.<\/p>\n\n\n\n
That's 300 000 euros for an 80m2 apartment.<\/p>\n\n\n\n
It is the traffic that I mentioned above that affects this. Buying a vacation property is an investment that generates you a quick return on rentals. <\/p>\n\n\n\n
People from all over the world are buying investment property. These are not properties for permanent living. They are properties for occasional holidays for the owner and for renting out to tourists from all over the world.<\/p>\n\n\n\n
If you start thinking this way<\/strong>, you suddenly understand that you have opened the door of potential buyers to the whole world. People from Japan, who occasionally come to the High Tatras for a safe holiday with their family and generate interesting cash flow from rentals throughout the year, can buy such a property.<\/p>\n\n\n\n
Park Lesn\u00e1***<\/a> is a new project.<\/p>\n\n\n\n
To be honest, I must also mention the risks<\/strong>that accompany the developer or investors in every single investment.<\/p>\n\n\n\n
The market is unpredictable.\nEven if all indicators tell you \"yes\", with unpredictable\nsituations can complicate things.<\/p>\n\n\n\n
I don't have right now to\nI am thinking of the terrorist attack on Lomnickom Peak. It's very little\nprobable. Although, this would certainly make the situation on the market with\nwould have some impact on the real estate market.<\/p>\n\n\n\n
Crisis.<\/strong><\/p>\n\n\n\n
If tourism in the High Tatras slows down significantly due to the crisis, it will also affect real estate sales. I remember 2009<\/strong>. After this year the High Tatras remained half empty for 3 years.<\/p>\n\n\n\n
But I don't want too\nto compare 2009 with 2019. At that time, visitors in the High\nTatras were still booking their stays via landlines. <\/p>\n\n\n\n
Today, thanks to the internet and apps, this site is accessible to a much larger part of the world. And even with the crisis, hotels, guesthouses, apartment houses have a great chance to find enough visitors for their growth.<\/p>\n\n\n\n
Well I remember also the year 2004<\/strong>when the High Tatras were hit by a calamity. There was absolutely no one in the Tatras that winter! It took 2 years for people to find their way to our mountains. But such a thing, unfortunately, sometimes spoils your plans indefinitely.<\/p>\n\n\n\n
There are risks and\nopportunities. It's like this with all the investments we make in life. It is\nimportant to weigh the level of risk and make a decision.<\/p>\n\n\n\n
For us, is Park Lesn\u00e1*** investment project<\/a> with potential, a fair return and definitely deserves your attention.<\/p>\n\n\n\n