Main Countries Buy Rent

Hotel 570 м² in Vir, Croatia

1 362 799 $

2 390 $ /м²

4Od3u
Share:

Area

570 м2

Bedrooms

9

Hotel, inn in Faro. City - Tavira

A residential building on the island of Vir, just 40 meters from the beach!
Total area is 570 sq.m. The land plot is 1096 sq.m.
The property was built in 2004 and renovated in 2022.
The standalone house consists of three floors, with two residential units on each floor. In total, there are six residential units.
Each floor has one one-bedroom apartment and one two-bedroom apartment. Each apartment has a terrace and a sea view.
All apartments are equipped, and heating and cooling are provided by air conditioning. The two-bedroom apartments have central underfloor heating, and all of them have a chimney and the option for solid fuel heating. Water heating is provided by solar panels. A new facade made of foam was installed a year ago.
The carpentry is made of PVC, and there are blinds and mosquito nets. The garden includes parking for two cars, and the garage has 4 parking spaces.
The house is located 40 meters from the sea and 1.5 km from the city center.


Services and facilities

Heating system
Air conditioner
Garage/parking

Additional details

Property type

Commercial

Object type

Hotel

Price

1 362 799 $

Land area

1096

Characteristics

Heating system
Air conditioner
Garage/parking

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Vir; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Croatia finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Croatia takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Vir short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 362 799 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Vir: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

Related sections