Hotel 500 m² in Umag, Croatia
Location
Property parameters
Description
Excellent investment and well-established business in tourism in Umag area, just 1,7 km fom the sea!
On a garden of approximately 200 m2 you will see a house with a total area of approximately 500 m2 on two floors.
This house consists of two apartments, a tavern, seven rooms, a basement and is for tourist purposes.
The ground floor consists of a tavern, toilet, three bedrooms and one apartment. The tavern has 32 seats and is sold equipped. Each room has a separate entrance and a private bathroom. The apartment consists of one bedroom, bathroom, living room and kitchen.
On the first floor of the house there are four rooms and one apartment. The apartment consists of three bedrooms, bathroom, toilet, living room with kitchen and has access to a spacious terrace. The hallway leads to four rooms that have a separate entrance and each room has its own bathroom.
The house has additionally a large basement of approximately 100 m2 which has a lot of potential and the future owner can convert it into a wellness or wine cellar.
The house is for tourist rent and is an excellent investment as it brings a large income per season given the accommodation capacity of two apartments and seven rooms with private bathrooms, basement and tavern with 32 seats.
The property is of historical significance because it records the remains from 1700 and is a cultural monument.
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.
