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NIN BEACH, HEALTH, NATURE and ADVENTURE RESORT PROJECT SUMMARY September, 2016
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NIN BEACH, HEALTH, NATURE and

ADVENTURE RESORT

PROJECT

SUMMARY

September, 2016

INVESTMENT INCENTIVES

UNIQUE CONCEPT

UNIQUE LOCATION

UNIQUE FINANCIAL OPPORTUNITY TO ACCES EU FUNDS

THE CONCEPT

SUCESS COMES FROM BEING

DIFFERENT

We offer an idyllic retreat, discover

yourself, your partner and family

and recharge your mind, body and

soul.

Location, ambience, Mediterranean climate and diet, curing

mud, health and wellness treatments, combined with beautiful

nature and exhilarating adventure make for the perfect success

recipe

Success in the global

market comes from being

different, from having a

unique product that will

attract clients which

would create a clientele

base on which market

success would be built.

THE UNIQUE LOCATION

This unique location provides BEACH, HEALTH, NATURE and ADVENTURE

RESORT facilities.

Mineral rich curing mud, crystal clear sea, dry winds and healthy Mediterranean diet

National parks are all round

Basic information Who developed the project?

The potential of this project has been recognised and developed by MTK Property Group Pty Ltd Australia/Croatia - Tel: +61 354672336 Mobile: +61 456 430 853

Through over 50 years of successful operation MTK Group has established itself as the one of the strongest and most trusted business entities both nationally and critically within the Zadar region. MTK Group is, without doubt, in the best position to negotiate all necessary contracts with the local government, influence building of the required infrastructure, obtain all environmental and building permits and form a team of talented people to develop this concept.

What is the core idea of the project?

The core idea of the project is to offer a unique well-being experience to clients from both within Croatia and around the world, tailored to meet and exceed their needs and expectations.

People play out their roles in everyday life defined by the expectations of the relevant social environment. However, the rhythm and pressure of the contemporary urban life invariably works against their body and mind and against their social and emotional needs. The ever changing requirements of today’s lifestyle has developed quicker than the biological evolution of mankind. This evolutional gap is widening and affects all ages from the oldest to the youngest within the entire social spectrum of society.

The Nin resort has been designed to offer a retreat from the stresses caused by the lifestyle of the 21st Century. Guests will have the chance to pause, to escape from the everyday rhythm and concerns and do something for themselves and their loved ones. They will discover a place to recuperate and recharge batteries whilst enjoying treatments or activities designed for the body and mind. The goal is to readdress the life balance.

The concept of the Wellness and Health Center is principally based on a preventive, curative and wellness program combined with ready access to a range of sports and fitness facilities, thereby establishing a framework for Croatian Health Tourism. The resort is designed principally for people committed to improving and maintaining their health. Being focused on total well-being, it aims to provide personalised services tailored to guests’ individual needs. The result is a high quality health and tourism product. The resort would also look to provide the necessary services for congresses and conferences.

How it can be done?

The ambience, exterior and interior, of the Nin resort will keep on reminding guests that they are in a special place for a special purpose. Everything will be related to nature and well-being. The range of activities on offer will fully occupy the guests and focus on providing pleasure, relaxation, and excitement.

It is a beach resort fronted by 60 hectares of protected land, with a long and beautiful sandy beach. The beach activities will be designed to cater for all seasons.

It is a health resort offering a wide variety of medical and wellness therapies and treatments based on the medicinal properties of the curing mud, seawater, salt from nearby salt fields and Mediterranean essential herbs.

It is a nature resort as a result of the number of national parks in the immediate vicinity encompassing islands, lakes, rivers, waterfalls, mountains and caves.

It is an adventure resort offering a wide range of activity options designed for many interests including walking, sailing, bicycling, mountaineering, cliff climbing, rafting, kayaking, jeep safari, visiting historical cities and remains, working farms. All activity sites are easily accessible by modern highway.

The land

The site occupies 14 hectares leased to the investors for a period of 70 years. There is an area of 5 hectares on the beach belonging to resort for pool and other recreation. The environmentally protected area that includes the sandy beach in front of the resort covers 60 hectares. In the vicinity there is a sports park of 8 hectares including a football field, which could provide further development opportunity.

Finance advantages

Croatia joined EU in 2013. Potentially the project might be eligible for receiving EU grants. The grants could improve the investment burden by up to 1/3. This might be a once in a life time opportunity to get a non- refundable state subsidy for a private project.

Accessibility of the resort

Zadar airport with two crossed runways is the most conveniently located airport on the east Adriatic coast. Modern highways connect Zadar with Slovenia, Italy, Austria, Hungary, Germany and the rest of Europe. The modern ferry port in Zadar (EBRD financed) provides a direct connection to Italy.

The City of Nin

The 3,000 year old coastal City of Nin located in the Nin Bay is the oldest Croatian Royal City and is 17 km northwest of Zadar. The old town was built on a low alluvial peninsula that was transformed into an island by a canal constructed in the 14th century. The island is surrounded by picturesque long, shallow sandy beaches and salt fields connected to the mainland by two small bridges.

The location

Hotel

Villas

Villas

Lagoon

Curing mud

Beach

Pool/ recreation

Investor

REKREACIJSKO TURISTIČKI CENTAR NIN d.o.o [WELLNESS & HEALTH CENTER NIN, Ltd.] registered with the Commercial Court of Zadar on 17 April, 2003.

Particulars:

Company/Name: REKREACIJSKO TURISTIČKI CENTAR Nind.o.o Headquarters: 23232 Nin, Trg Hrvatskih branitelja 1 Tax No.: 1719645 Register No.: 110001158 ID No.: 65399799974 Share Capital: 18.020.000,00 Croatian Kuna

REKREACIJSKO TURISTIČKI CENTAR Nin d.o.o is wholly owned by MTK Property Group Pty Ltd Australia/Croatia, a joint stock company.

Planned Accommodation Space

The adopted program scheme, in accordance with relevant zoning plans, anticipates building of a tourist complex T2 consisting of:

A – a four star hotel, capacity 580 beds in 273 rooms (66 single and 207 double rooms) and 25 suites (17 junior, 8 senior), with a congress centre capacity 300 persons, bars and restaurants, curative/ rehab facilities, wellness/spa, outdoor/indoor pools, a an underground garage capacity 245 PGM.

B – villas zone north of the hotel capacity 148 beds in 40 units (12 three-bed and 28 four-bed)

C – villas zone south of the hotel capacity 106 beds in 28 units (6 three-bed and 22 four-bed).

D – sports facilities with a catering establishment including toilet block, outdoor pools, children’s playground and two beach volleyball grounds.

Total bed capacity 834.

Project and supporting documentation

General design has been completed; location permit from the Zadar County competent authority has been applied for.

The Environmental Study has been approved by the Ministry of Environmental Protection, Physical Planning and Construction and the relevant Resolution on Acceptability issued.

The project has been entered into the Ministry of Regional Development, Forestry and Water Management central projects register.

The investment vehicle REKREACIJSKO TURISTIČKI CENTAR Nin d.o.o [WELLNES & HEALTH CENTER NIN, Ltd.] has been granted right to building concession on a 14 ha lot by the City of Nin, for a 70 year period.

Investment value

Estimated investment in the Hotel is about €30 million. Total investment with apartments is estimated up to € 60 million.

WEELLNESS & HEALTH CENTER NIN

LTD.

TRG HRVATSKIH BRANITELJA 1 23232 NIN

POSTAL

ADDRESS

B.PETRANOVIĆA 423000 ZADAR PHONE.:023/202-141


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