This premier seaside hospitality development on Bosnian Adriatic represents a unique investment opportunity in the heart of the Adriatic coast.
The property consists of two interconnected buildings totaling 6,800 m² of gross building area situated on 4,324 m² of surrounding land. Completely renovated for the 2018 season, the facility recorded a strong performance of 21,500 overnight stays in 2019.
Guests have access to a modern outdoor swimming pool and the largest central beach in thw town, which operates under a 30-year concession and includes existing hospitality and beach structures.
The facility offers 90 functional guest rooms ranging from 27 m² to 45 m², providing a total capacity of 200 beds. On-site dining and leisure amenities include a professional restaurant, an aperitif bar, a café, and expansive outdoor terraces.
Business travelers are served by a comprehensive congress center featuring seven meeting rooms with capacities ranging from 12 to 160 people. Additional operational assets include 50 parking spaces and a 250 m² commercial space on the ground floor suitable for a casino or retail use.
Significant development upside distinguishes this property, as it includes 13,335 m² of construction land that constitutes the last remaining undeveloped plot in this area.
Furthermore, the project features a 1,000 m² beachfront building primed for reconstruction into luxury apartments and a prestigious restaurant.
Backed by a stable ownership structure with recent capital increases, this development stands as a premier real estate and hospitality asset in the region.
Photo is meant just for illustrative purpose.
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.
Property advantages: Swimming pool, Modern
