Are you looking for business space with an interesting

Are you looking for business space with an interesting location or investment opportunity with potential for further development?
We offer for sale a multifunctional building in the town of Svit that currently combines residential housing and healthcare facilities.
The property has undergone major modernization phases and represents an ideal choice for investors seeking projects with potential for further development and stable rental income.
- Total land area: 4921 m² - Building footprint: 764 m² - Usable floor area is approximately 1500 m²
BASIC OBJECT PARAMETERS - Current status: Multifunctional building (8 apartments, 1 non-residential spaces). - Current state approval date: 2018 - Occupancy rate: Western part is 100% occupied by apartments, eastern part at 50% (accommodation). - Healthcare facilities: On the ground floor there is a fully functional gynecological clinic with separate entrance. - Land: The building includes land extending beyond the fence by about 1 to 2 meters, providing storage space and privacy. - The building also generates regular monthly income.
HISTORY AND TECHNICAL CONDITION The building has undergone extensive transformation since its construction in year 1970 (originally a kindergarten):
- 2002: Complete reconstruction – layout change, insulation, window replacement, gable roof extension with dormers. - 2018: Final realization of conversion to current multifunctional building with valid approval decision.
OPPORTUNITY FOR INVESTMENT AND VALUATION Given the architecture of the building (according to project documentation views and plans), there is potential for redevelopment into pure residential buildings with significantly higher returns:
Estimated return: After optimizing layout and renovation, potential ROI around 6%.
Projected capacity after renovation: approx. 16 up to 18 two-bedroom apartments, possibly 1-bedroom apartments.
Added value: Retaining the clinic on the ground floor as a stable tenant for diversifying revenue streams.
LOCATION The town of Svit is known for its complete civic amenities and strategic location close to Poprad and High Tatras Mountains. The building is located in an easily accessible area, ensuring long-term demand for rental housing and medical services.
WHY THIS INVESTMENT?
- Valid approval from year 2018 – no immediate legislative processes required. - Clear history and technical evolution of the building. - Possibility of flexibility between rental house and multifunction use. - Land owned personally.