April the 16th, 2021 - Yet another beautiful Opatija Riviera hotel is set to be constructed in autumn this year, bringing yet more luxury to this picturesque part of Croatia.
As Poslovni Dnevnik/Marija Crnjak writes, although there are still a lot of challenges ahead of this Opatija Riviera hotel project, the construction of a brand new luxury hotel next to the marina in Icici should begin this year. It marks an investment from the Hungarian entrepreneur Lorinz Meszaros worth a massive 50 million euros, which may bring a new global hotel brand to Kvarner.
Optimism despite the ongoing coronavirus crisis
Denis Sikljan, the owner of the DDG Group, which developed the project on the land of a former hospital, which covers 20,000 square metres next to Marina Icici, confirmed that the main project has faced delays because of the pandemic.
The new Opatija Riviera hotel will be a five star facility with 180 rooms and 12 villas, next to which a square for public use will be built, and the project includes the construction of an access road, a pedestrian bridge to the sea, and a new rainwater drainage system from Ucka. Fountains, shopping facilities and complete horticultural landscaping are planned on the public square, which will become the new center of Icici.
"We're very optimistic about it all, although we do still have a lot of work to do, precisely because a number of public institutions are involved in all of this, from the state to local government and public companies, and it involves a series of permits that must be obtained for implementation.
For now, everything is going according to plan, although slower because the pandemic has slowed down the administrative processes, and part of the property status of some of the land needs to be resolved. Once the works start, and we expect them to begin to be right after this summer season, everything should be completed within two calendar years.
It would have been earlier, but we have to take into account the ban on such work during the tourist season, which automatically takes away eight months of work,'' revealed Sikljan, who took over the project from Karlovacka banka after the bankruptcy of Industrogradnja, which initially purchased it from KBC Rijeka. There used to be a hospital for lung diseases on the land, and it end up being left totally neglected for a long time.
The investor, Meszaros, is known to the public as the owner of NK Osijek, and he connected with Sikljan, a well-known developer of luxury tourist projects in Kvarner, mostly on Krk, through sport.
The investor profile
The company that is implementing the project in Icici is Rivas Hotels & Resort, registered back at the end of 2019 in Rijeka, and its founder is the company Talentis group, owned by the family of Lorinzo Meszaros.
The company has 30 hotels in its portfolio in Austria, Hungary, Romania and Montenegro, and soon plans to develop a strategy for its expansion in Croatia, with Icici as the first hotel project.
Meszaros is also the owner of the company Mirno more, which owns Vila Maria in the bay of Ceprljanda in Ugljan, and reached the eyes of the media when five years ago a group of hooligans shot at the windows in the house where national team member Ivan Rakitic was staying with his family.
The Talentis Group points out on its Linkedin profile that it is one of the most prestigious investors in Hungary, which is currently developing a new innovative city on 5,000 hectares, with more than 300 real estate projects in the western suburbs of the capital city of Budapest.
Over the last few years, they have completed projects worth more than 100 million euros in total, and in addition to hotel facilities, they have also developed a shopping centre and logistics centres.
For more on upcoming business ventures and projects in Croatia, follow our dedicated section.
