INVESTMENT HOTEL IN SPLIT, CROATIA

Croatia, Grad Split, Split

$3,36M

$2,691/m²

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ID: 1936182

Last update: 18/12/2024

Location

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Country

Croatia
Region

Split-Dalmatia County
City

Grad Split

Property characteristics

Property parameters

Price per m²

$2,691/m²
Rooms

20
Total area

1 250 m²

Investment params

Yield per year

11%

Interior details

Cooling:

Air conditioner

Interior Features:

Furnitured
Double-glazed windows
Household appliances

Exterior details

Parking features:

Parking

Exterior features:

Garage

View:

Sea view

Description

An ideal 3 star family hotel - ideally located on the Adriatic coast!
Situated just 80 meters from the crystal clear sea and 2 minutes' walk from the beach, this hotel offers an unforgettable holiday on the sunny Adriatic coast.
Hotel Features:
Three floors of elegant design with restaurant, garage and outdoor parking.
There are 18 rooms in total with 48 beds, plus a further 12 beds on three floors with a lift.
All rooms are equipped with air conditioning, modern bathroom, TV and Wi-Fi.
Each room has its own balcony, which offers incredible views of the clear sea, which attracts guests who happily return here every year.

Gastronomic impressions:
indoor and outdoor restaurant with terrace, offering not only delicious food, but also beautiful views of the surrounding area.

Additional advantages of the hotel:
It is classified as 3 stars, but has conditions for 4 stars.
Possibility of building a wellness center providing guests with additional variety and luxury.

CHARACTERISTICS

Water, City water supply, Heating, air conditioning and ventilation system, Asphalt road, Energy class: A, Construction permit, Certificate of ownership, Permission to use, Parking spaces: 7+, Garden, shop, Terrace, Service lift

It is possible to automate the processes of registration, delivery to rooms and management of the turnkey environment for hotel operation without the participation of staff and receptionists, which in turn increases the average occupancy rate (OR) per year by 15%, the average room rate (ADR) by 20%. The share of bookings through direct channels (website, mobile application, chat) is 75%. Unique services (store, automatic storage room) – 5% of revenue.

Information about this property may have changed and we cannot be held responsible for its accuracy. For exact specifications please contact us. Copying, reproduction, distribution, reprint (in whole or in part), or other use of the material without the written permission of the author is not permitted. Any violation of the author's rights will be prosecuted on the basis of international law.