Investment project:
Apartments in Apno, Slovenia

A premium investment opportunity: tourist apartments near the Krvavec ski resort.
Project price: €55,000

General Property Information

  • Address: Apno, Cerklje na Gorenjskem, Slovenia
  • Land plot area: 799 m², including 550 m² for development; the remaining area is forest
  • Location: A south-facing, well-lit slope on the edge of the settlement above the Cerklje-Kamnik road; electricity runs through the plot, with other utilities available at the boundary.
  • Zoning: SSc — residential and mixed commercial/service development is permitted.

Legal and Urban Planning Parameters

  • In 2011, a building permit was obtained for a two-apartment house/duplex: 3 floors, 17×8 m, basement parking and a 4-car garage. The permit expired due to inactivity, but renewal is possible because the documentation and approved project are available.
  • Permitted uses include a single-family or two-family house, a small hospitality base/guesthouse, or tourist apartment rental units.
  • Residential use can be combined with guest services, small offices, service areas and limited retail use up to 50% of the area.
  • Building form: rectangular ratio of at least 1:1.5; up to 3 levels are permitted: basement/lower ground + 1–2 above-ground floors; roof slope 35–45°.
  • Development density: maximum 35% of the land plot; at least 30% must remain landscaped/green area.
Key advantages:
  • The plot is prepared for obtaining a new permit, reducing timing and execution risk for investors.
  • Utilities are available at the plot boundary and within the settlement.
  • Panoramic Alpine views, strong sun exposure and good transport access: around 12 minutes to the motorway.
  • Flexible concept: family duplex, residential house or tourist apartment complex.
  • Strong liquidity: the Krvavec area is attractive for rentals, chalets and mountain tourism in Slovenia.
Cerklje — 7 min
Šenčur (motorway) — 12 min
Kranj — 20 min
Kamnik — 18 min

Location Map

Key Regional Attractions

Krvavec
Krvavec ski resort — one of Slovenia’s leading ski centres, with around 30 km of slopes.
Lake Bled
Lake Bled — one of Slovenia’s most recognisable natural landmarks, around 35 minutes from the plot.
Logar Valley
Logar Valley — a scenic Alpine location for outdoor recreation, around 1 hour away.
Kamnik-Savinja Alps
Kamnik-Savinja Alps: hiking, climbing and the natural landscape of the Kamnik area.
Thermal Resorts
Slovenian thermal resorts: leisure, recovery and wellness/spa tourism.

Investment Calculations and Metrics

Option 1. Sale

  • Development area: up to 250 m²
  • Construction: €1,000/m² = €250,000
  • Additional costs: documentation, connection and taxes — €25,000
  • Total investment: €55,000 land plot + €250,000 = €305,000
  • Expected sale price at €2,500/m²: €625,000
  • Expected profit: ~€320,000
  • ROI: 105%

Option 2. Tourist Rental

  • Average rate: €120/day — 2 apartments × €60
  • Seasonal occupancy for 180 days: €21,600
  • Annual occupancy revenue: €32,000, including low season assumptions
  • Operating costs: 17% — maintenance, advertising and taxes.
  • Net income: ~€26,500/year
  • Payback period: ~11.5 years, faster with higher occupancy
  • Capital appreciation: expected stable asset value growth in 2025–2030 at 3–4% per year.
Metric Value
ROI, sale scenario ~105%
Rental payback period ~11.5 years
Annual net rental income ~€26,500
NPV, 10 years of rental, 4% growth €434,000 + capital

Business Plan and Investment Advantages

  • Flexibility: the project can be developed as a residential house, family duplex or apartment complex.
  • Potential to manage the rental business remotely through service companies and booking platforms.
  • The plot has a strong location, sun exposure, views and infrastructure readiness.
  • Potential capital return through a build-sell strategy or long-term income through tourist rental.
  • Tourist demand supports liquidity: winter sports, summer wellness, mountain recreation and weekend trips.
  • The project combines capital protection, development potential and income generation.
Projected regional real estate value growth — 4–5% per year, supported by limited supply and low new development volume in mountain locations.