Hotel 3 384 m² in Umag, Croatia

Apart-hotel of 16 apartments on the first line to the sea is for sale!
Outstanding position right on the beachline, in the very centre of the town, with fantastic sea views!
Land plot is 2201 sq.m.
Total area of the building for sale - 3384 sq.m.
Hotel benefits reception, beachfront restaurant and many other spaces.

Special feature is a spacious underground parking which is an added-value to this property.
Apartments are partially furnished. Some of them have never been in use.

The following apartments are for sale:
1/ 58 sq.m.
2/ 99 sq.m.
3/ 60 sq.m.
4/ 89 sq.m.
5/ 67 sq.m.
6/ 48 sq.m.
7/ 67 sq.m.
8/ 72 sq.m.
9/ 47 sq.m.
10/ 40 sq.m.
11/ 90 sq.m.
12/ 63 sq.m,
13/ 46 sq.m.
14/ 39 sq.m.
15/ 284 sq.m.
16/ 301 sq.m.

Official property evaluation is 4 540 000 eur. 
Sale is well below the market evaluation.

NOTE: There are more than 16 apartments in the building, but just 1 lot of 16 units is for sale.

Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.