Hotel with land units by the sea, Croatia

Additional information is provided after the signing of an NDA

Hotel with land units by the sea, Croatia

85,000,000 €
Learn the property location
Send the listing to yourself
  • Yield
    5.2%
Details
Property parameters
  • Land area: 19,166 m²
  • Total rooms: 252
  • Hotel rating: 4
Financial performance
  • Annual income: 4,410,000 €
Features
  • TV
  • Swimming pool
  • Sea view

Four-star hotel with spa center and 4 land units.

Description

The hotel includes:

  • 252 rooms decorated in a contemporary style. All rooms area equipped with air conditioning, TV and an en-suite bathroom.
  • spa center of 2,000 m² offering various services such as saunas, massages, steam rooms and Finnish saunas
  • 3 restaurants
  • 3 bars
  • 8 conference rooms
  • indoor swimming pool
  • gym

Occupancy (2019): 66%

The Hotel is under reconstruction with the extension for 69 rooms.

The portfolio includes 4 land units for eather hotel or high-end accomodation/serviced apartments construction.

Unit 1 is dedicated for the hotel extension (40% of shell and core done – 8,900 m²).

Surfaces of other units: 3,989 m², 2,453 m² and 3,824 m².

Location

The property is located a few meters from the beach in one of the resort towns of Croatia.

Croatia is a small country in the north of the Balkan Peninsula, located in one of the most environmentally friendly places in the world.

The leading sectors are: shipbuilding, mechanical engineering, chemical, food, textile, woodworking, electrical and electronic, pharmaceutical industries. An important sector of the economy is tourism.

Since January 1, 2020, the minimum wage is 543.35 euros (gross) and 434.68 euros (net).

Advantages: stable economic growth, tourism growth.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

Similar listings

We select ads that may interest you.

Not sure what to start with? Send an advice request
Our expert will contact you to help with selecting real estate.
Ask a question
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina,
    Head of Sales
    Send a request