Croatia, Makarska - Hotel by the sea
Dalmatian coast

Ref. : 2016/417, Hotel Rent

Selling price:55.000 €

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Location: Makarska
Advantages:
  • First row to the sea
  • Sea view
  • Exclusive sale
Description:

Living space: 900
Land space: 1055
Number of rooms: 22
Number of bathrooms: 20
Distance from sea: 10 m

 

Hotel by the sea for rent located on the Makarska Riviera in the picturesque Dalmatian town of Drvenik.

The hotel has a living area of ​​900 m2 and a land area of ​​455 m2. The building consists of a basement, ground floor and three floors. On the basement floor there is a restaurant of 126 m2 with a large terrace above. The interior of the hotel consists of six apartment units and fourteen rooms with bathrooms, or 55 beds.

The property was completed in 2002 and the top floor was built in 2008. The hotel is west-facing and bathed in sunshine throughout the day, and most accommodation units have a balcony with open sea views.

The hotel is in a satisfactory condition, but due to the requirements of the modern hotel business, a partial renovation will be needed. The restaurant located in the basement of the building requires a complete renovation in agreement with the owner.

The hotel is located in a very good strategic location above the ferry port that connects Drvenik with the island of Hvar (Sucuraj), and is close to the main beach and all necessary facilities. The attractive location of the hotel and the recognizability offer the future owner the possibility of easy branding and positioning of the hotel on the market. An interesting offer for a real investor and a sincere lover of the beautiful Makarska Riviera.

Location description
Makarska
Makarska (pronounced [mâkarskaː]) is a small city on the Adriatic coastline of Croatia, about 60 km (37 mi) southeast of Split and 140 km (87 mi) northwest of Dubrovnik. It has a population of 13,834 residents.[1] Administratively Makarska has the status of a city and it is part of the Split-Dalmatia County. It is a tourist centre, located on a horseshoe shaped bay between the Biokovo mountains and the Adriatic Sea.

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1. Can foreigners buy property in Croatia?

There is a difference between EU citizens and non EU citizens. EU citizens, natural and legal persons, can purchase real estate in Croatia under the same conditions as Croatian citizens. Non Eu citizens, natural and legal persons, can buy real estate according to reciprocity principle and they need to seek the approval from Ministry of justice of Republic of Croatia.

2. What taxes I have to pay when buying real estate in Croatia?

Property tax in Croatia is 3 % of tax office property estimate. It is payed by the Buyer and only once.

3. What is the best time of year to go to Croatia?

Croatia has a mild climate, so it is very nice to make a visit anytime. However, the best period to buy is between October and December, and than April to June. As a tourists country, during the summer many properties are rented thus more difficult to arrange visits of real estate.

4. What is the best place in Croatia to buy a villa?

First row to the sea is always a win-win situation. Regarding the location: along the coast from Dubrovnik to Zadar, and from Middle Dalmatian islands the most likeable are Brač, Hvar, Šolta, Vis, Korčula and peninsula Pelješac.

5. How do I find a house for rent in Split Croatia?

Split is more of an apartment place, thus easier to rent apartment for a long term . However, it is possible to find a villa for a long term rent. As lease is always unpredictable, and situation changes quickly, it is always the best solution to contact an agency to see what is currently on the market and available.

6. Is now a good time to invest in the Croatian real estate market?

Real estate market in Croatia is very vivid last years, and still rising, so it is definitely good period to invest and get a satisfying ROI.

7. What is OIB and why do I need it?

In english it is 'PIN' that stands for 'personal identity number' and it is needed for any contract. It is unique for each person, Croatian or foreigner, and is used as unique identifier in various official records.

8. Can I pay in foreign currency when buying real estate in Croatia?

All payments of real estate must be in national currency, which is HRK. However, any payment in foreign currencies will be converted into kuna.