The state is selling Hotel Zagorje, a former political school in Kumrovec

first_imgThe Ministry of State Property has published a public call for bids for the purchase of real estate owned by the Republic of Croatia, ie Hotel Zagorje, a former political school in Kumrovec. Hotel Zagorje “has a total gross construction area of ​​11.310,00 m2 distributed on four floors and a gross volume of 34.464,20 m2. The starting price is HRK 11.960.000,00, while the deadline for submitting bids is May 07, 2019. So far, according to unofficial information, there has been investor interest in the said hotel, even specific inquiries from Chinese investors. But now the public call is open and the first interest for the investor will be seen, there is no more talk, only officially. center_img Attachment: Public invitation for submission of bids for the purchase of real estate owned by the Republic of Croatia – Hotel Zagorjelast_img read more

Brisbane housing growth rate to double next year to mirror Sydney

first_imgAmenities like Streets Beach in the South Bank Parkland a major drawcards to the Brisbane inner city. Picture: Supplied.BRISBANE’S dwelling price growth is expected to mirror that of Sydney next year, with new forecasts seeing the city more than double its pace to a high of 7 per cent.The projections came off the latest SQM Boom & Bust Report, released Thursday, which also dispelled fears of a property crash in Sydney and Melbourne.“Brisbane’s property market will experience slightly stronger gains than those posted in 2017,” said SQM housing expert Louis Christopher, “with property prices forecast to rise between 3 per cent to 7 per cent.”What was holding Brisbane back from a higher rate of housing price growth was “the persistent overhang of surplus property listings”, he said.The report also eased fears of a deep housing correction in Sydney and Melbourne, crediting the actions of regulators to rein in rampaging investor borrowing for those cities’ survival. More from newsParks and wildlife the new lust-haves post coronavirus1 day agoNoosa’s best beachfront penthouse is about to hit the market1 day agoBrisbane is expected to see its housing growth go as high as 7 per cent next year. Picture: AAP Image/Claudia Baxter.“The authorities were right to take action earlier this year to restrict investing lending by banks. Failure to have taken action would have resulted in out-of-control Sydney and Melbourne housing markets, where additional aggressive monetary policy may well have triggered a large fall in dwelling prices in 2018,” he said.The forecasts assumed that there would be no change in interest rates next year, a stable exchange rate and that existing restrictions by APRA on investment lending remained in place. BUYING: Affordability takes a hit though apartments cheaper AFFORDABLE: Unlikely Brisbane property hot spots Sydney was expected to grow between 4 to 8 per cent next year, while the highest growth was expected out of Hobart (ranging between 8 to 13 per cent) followed by Melbourne (7 to 12 per cent).Mr Christopher said in the 12 months to September the capital city average growth was 8.5 per cent, led by Hobart (14.3 per cent), Melbourne (12.1 per cent), Sydney (10.5 per cent, Canberra (7.8 per cent), Adelaide (5 per cent), with Brisbane showing the lowest positive growth in the period of 2.9 per cent.Perth (-2.9 per cent) and Darwin (-4.7 per cent) were the only capitals in the negative for the 12-month period. *FOLLOW SOPHIE FOSTER on Twitter or Facebook FREE: Get The Courier-Mail’s real estate news direct to your inboxlast_img read more

Kingscliff house pushes the boundaries in property design

first_imgThe loft-style main bedroom with spa ensuite and balcony as well as the 12-car basement garage are serviced by an Italian-designed lift, which Mrs Witheriff described as “glitzy”.“(The basement) has even got a mechanical pit for servicing of vehicles,” she said.“There’s also a total roof deck which has got amazing views over the suburb and Hinterland.”The onsite auction will be held on Wednesday, November 7.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:58Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:58 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD576p576p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy location is everything in real estate01:59 Make a splash in the pool. The extravagant design makes it one of the most prominent homes in the Salt Village precinct.LJ Hooker Kingscliff agents Brett Swales and Carol Witheriff are marketing the property, which will be auctioned next month.Mrs Witheriff said an interstate businessman bought the property in 2010 as a holiday home for his extended family. However, they no longer use it as often.Given the house’s opulent design and lavish features, Mrs Witheriff said it would be snapped up quickly.More from news02:37International architect Desmond Brooks selling luxury beach villa14 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days ago No expense has been spared in the design. More news: North v South — where’s the best place to live on the Gold Coast? 1 Cactus Court, Kingscliff is a sight to behold.IT’S the type of home that makes jaws drop.With towering windows, a spiral staircase leading up to a rooftop deck and a street-facing infinity edged pool, this Kingscliff property commands attention. “It’s been completely updated and renovated over the last three to four months,” she said.“We opened it for the first time last Saturday and had 12 lots of people through.”The four-storey house is on a 976sq m corner block and has four bedrooms, four bathrooms, a tiered theatre room, outdoor entertainment area and five water features. More news: Mansion stunning at every turn Relax poolside. Entertain in style. From the front. Inside the property.last_img read more