With project management methodology, this paper defines the project of adaptation of a traditional estate which in its present state includes the main building (former mill), outbuilding, a former forge and infield. The investor is the Organization of an existing village household, owner of the traditional estate and the initiator of project idea. With purchase of a traditional property and with regard to its own capacities, the Organization has a vision of promoting tourism development of rural area of Žumberak and investing in continental tourism. In addition to the Organization's aforementioned field of interest, financial constraint and fulfillment of basic conditions, the Project has a possibility to apply for "Support for investment in start-up of non-agricultural activities" competition for obtaining non-refundable funds from the EU funds. Given poor economic, social and political situation of the environment in realization of the Project, Organization is facing various legal and time constraints. SWOT analysis of Žumberak as V community, as well as Organization of the village household, defines good and bad sides, opportunities, threats and weaknesses that have a consequent impact on the Project. This paper outlines the mission of the Organization, defining its goals. General aim of the Organization is to renovate existing buildings and decorate the infield on the traditional property and their interior and exterior decoration into the object of village tourism in Žumberak area. Specific goals are touristic, catering and educational purpose of the future object of village tourism. Given the complexity of the overall renovation Project of the traditional estate, the Project is divided into four sub-projects. A priority project plan was drawn up and project selection method was selected Sub-project 1 - adaptation of the main building for tourist and catering purpose, elaborated in detail. For other sub-projects, an analysis of the existing situation was presented, inspirational solutions for interior and exterior design were presented and total costs and duration of the implementation of each sub-project were presented according to pre-projection method. Methods of research for the production of paper are direct conversation, market research of the cost of certain services and products, collection of data that understand the collection of the overall documentation necessary for the realization of the Project, different offers for performing works and collection of other information and inspirational photographs for interior and exterior decoration of traditional estate in the traditional way of the region to which it belongs. Exploring the specific tourist-developed rural areas for inspirational solutions for interior and exterior design in Poland and Austria are part of the research work. A Sub-project 1 - design solution of the main building in the 3D Autodesk Inventor - was created in Poland as the result of research. Graphical presentation of the project term plan - Gantt and the network diagram - was used as a method for the final result of paper. Subprojects 1 - 4 outline timelines and deadlines, project participants, and overall budget needed to implement one such project with the aim of realizing all necessary activities on the Project. Results obtained in the work were interpreted in discussion. The Project „Adaptation of traditional property in the object of rural tourism“ amounts to 2,211,631.00 HRK, and time duration foreseen for implementation is 131 working days.