Health tourism is a specific type of providing health services in tourism, which covers diagnostic and treatment procedures, medical rehabilitation procedures, natural remedies and the implementation of prevention and health programmes with multidisciplinary teams, all for the purpose of treatment, preservation and improvement of health, and improving the quality of life. Health tourism projects becoming very attractive for investments, but the key question arising for investors and that is economic justification for investing in similar projects. The quantitative analysis on one example - the Project construction of spa hotel Park was confirmed that different sources of funding required the feasibility of the project and reduce an aversion of investors to make a final decision on investing in health-tourism projects. An EU Grant confirmed the economic feasibility of investing in health tourism project, whereas in terms of commercial source of funding the project has presented a negative present value and responded to a negative economic justification for the investment. Consequently, the investment project preparations have to be entrusted to experienced and highly educated professionals, and the same principles should be applied during implementation of projects where project managers must possess minimum quality characteristics. It was concluded that the existing medical tourism infrastructure have to be modernized and step by step implement preventive health - recreational programs, which can be offered to the market in combination with basic services, then design a new sources of funding in order to provide enough financial allocation for financing health tourism projects, implement life-long education and upgrade institutional and legal framework of health tourism sector.