Croatia, Makarska - Mini hotel in a good location, for sale
Dalmatian coast

Ref. : 2016/309, Hotel Sale

Selling price:2.500.000 €

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Location: Makarska
Advantages:
  • Parking
  • Garage
Description:

Living space: 669
Land space: 823
Number of rooms: 14
Number of bathrooms: 12

 

For sale is a mini hotel, located in a small tourist resort on Makarska riviera. The hotel was built in 2015 and is located near spaciouple beaches as well as other facilities. It is located on a plot of 823 m2, spreads on 669 m2 of living space + basement of 600 m2.

The facility consists of a reception, 12 fully-equipped one-bedroom apartments, elevator and a large basement that is used as a garage. Apart from this, the hotel also has two additional rooms that can be converted into two two-bedroom apartments. Considering the quality of construction, as well as the fact that the object is a new building, a pleasant location and the proximity of all the necessary facilities, real estate represents a very interesting investment.

After the construction, the hotel was immediately rented and achieved very good results. The Makarska Riviera has been recognized among tourists as a quality destination with very good tourist content.

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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FAQ

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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.