Apartment house with 4 independent residential units for sale in Umag, located in the peaceful and pleasant settlement of Materada just 5 km from the sea, offering an outstanding opportunity for a secure real estate investment in Croatia with strong potential for tourist rental income and long-term return.
This spacious and well-built property combines functionality, location, and versatility, making it ideal for buyers looking to continue an established rental business or develop their own tourism project in one of the most attractive regions of Istria.
The house offers a total living area of 280 m², distributed across two floors, and is situated on a 538 m² land plot that provides additional space for future enhancements.
The property is organized into four completely separate residential units, with two apartments on each floor, ensuring privacy and flexibility for both owners and guests. Each apartment, approximately 70 m² in size, features a highly functional layout that includes a living room connected to a kitchen and dining area, two bedrooms, a bathroom, and either a balcony or terrace, designed to maximize comfort, natural light, and usability for both short-term and long-term stays.
The outdoor area of 538 m² offers significant potential for further development, including the possibility of building a swimming pool, creating a sunbathing and relaxation zone, or adding additional amenities that would further enhance the tourist appeal and overall value of the property. This exterior space is a key advantage, especially for buyers focused on maximizing rental income and guest experience.
Additional features include four separate residential units with a total of eight bedrooms and four bathrooms, underfloor heating throughout all apartments, air conditioning in every unit, and the property is sold fully furnished with quality construction and equipment. Ownership is clear with no encumbrances, ensuring a safe and straightforward purchase.
The location in Materada provides an excellent balance between privacy and accessibility, with the center of Umag just a few minutes’ drive away, while the sea and well-maintained beaches are approximately 5 km from the property. Nearby amenities such as restaurants, shops, and cafes, along with cycling and recreational paths, further enhance the attractiveness of this location for both tourism and year-round living.
This property represents a rare opportunity for investors seeking a multi-unit rental property, stable and secure returns, and the potential to develop a successful tourism business in Istria, combining a prime location, functional layout, and strong long-term value.
Ref: RE-U-46318Overall 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.
Property advantages: Swimming pool, Floor heating, Urbanized
