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Hotel 365 м² in Novalja, Croatia

1 040 306 $

2 850 $ /м²

4OgzS
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Area

365 м2

Bedrooms

8

Hotel, hotel in Lique Seni. Town - Novalya

We present you an apartment house located just 250 meters from the nearest beach and 5 minutes drive from Zrce beach.

The house of 365 sq.m. was built in 1990 and underwent renovation in 2015.
It is designed to lease 8 units, including 4 studios, 2 one-bedroom apartments and 2 rooms with private bathrooms.

When buying real estate in Croatia, the buyer incurs additional costs of about 7% of the sale price: property transfer tax (3% of the value of the property), agency commission (3% + VAT), lawyer fee (about 1%), notarial fee, court fee, payment for the services of a certified translator. The signing of the Agency Agreement (by 3% of the commission + VAT) precedes the display of objects.

Additional details

Property type

Commercial

Object type

Hotel

Price

1 040 306 $

Land area

1

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Novalja; 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 Novalja 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 (1 040 306 $) 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 Novalja: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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