Hotel 750 м² in Pag, Croatia

Hotel, hotel in Zadar. Town - Pag

Hotel with restaurant by the sea, just 100 meters from the sea on the island (semi-island) Pag!

For sale a guest house with sea views in the town of Pag, located on the island of Pag. The building with a total area of 750 m2 is located on a land plot of 617 m2.
On the ground floor there is a reception area, toilets, a kitchen equipped with HACCP tools, and a dining room for 30 indoors and 40 outdoors. The kitchen includes two refrigerators and a storage room. Also on the ground floor is a restaurant with 60 seats (20 indoors and 40 outdoors), which operates as a separate unit.

On the first, second and third floors, which can be accessed through separate side entrances, there are 24 air-conditioned rooms, each with its own bathroom and balcony. There's private parking in the yard. Hot water is supplied by solar panels and the central water heater has a capacity of 2,000 liters. All properties were renovated in 2018, including new installations, floors, joinery and furniture. The guest house is owned by a legal entity and sold as such.

This property, with its well-established tourist business, is a great investment in tourism with an expected return on investment in 10-12 years. It is located in a very attractive location, just 100 meters from the beach and 1 km from the city center. There are many restaurants and shops nearby. Pag Island is the fifth largest island in the Adriatic by size, but with a coastline of 302.47 km, it is the most indented island in the Adriatic. The island is also known for its sparsely covered vegetation, often compared to the surface of the moon. Ref: RE-U-33488

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.