Property Abroad

Croatia

Istria

Rovinj

Hotel

Hotel 150 м² in Rovinj, Croatia

1 172 227 $

7 814 $ /м²

4Od2d

Hotel 150m² in Croatia, Rovinj. Priced at 1000000€ rent photo- #1

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Hotel 150m² in Croatia, Rovinj. Priced at 1000000€ rent photo- #4

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Area

150 м²

Bedrooms

Hotel, accommodation in Istria. City - Rovinj

Unique dwelling in old town of Rovinj 500 meters from the sea!
Total surface is 150 sq.m. 
Apart-house is completely modernized in 2021 and consists of a total of 4 residential units. Each residential unit has its own separate entrance, bedroom, kitchen, dining room, living room and bathroom.

Distribution of space: 

*The first residential unit is located on the ground floor with its own and separate entrance directly from the street and the pedestrian zone. There, the kitchen, dining room and living room/bedroom are located in one space. This unit also has an additional space that is currently used as a storage room, where all the necessary installations for a separate kitchen and dining room are located, which would increase the square footage and space.

* The second residential unit located on the first floor of the house with its own living room, separate kitchen, bathroom and separate larger bedroom.

* The third unit is located on the second floor of the house with a separate larger bedroom and bathroom, while in one larger space there is a living room with a dining room and a kitchen.

* The fourth unit is located on the third floor of the house, where in one larger space there is a living room with dining room and kitchen, and a separate larger bedroom and bathroom. The attic space of 50m2 located above this unit can be used as an additional space and thus it is possible to get a two-story apartment.

Location of property:

The property is located in the very center of the city of Rovinj in a quiet street, within a well-known and frequently visited pedestrian zone. Near the house there are smaller romantic shops, restaurants, galleries, cafes and bars. The property is located only 500m from the most famous beach in Rovinj, a 4-minute walk from the church of St. Eufemije and 2 minutes' walk from Rovinj's waterfront.

It is currently being used as a rental, which means that by purchasing it you are taking over an already well-established facility with standard guests who faithfully return every season. The property is fully equipped and furnished and is being sold as such.

Ref: RE-U-21611

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.

Additional details

Property type

Commercial

Object type

Hotel

Price

1 172 227 $

Land area

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Rovinj; 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 Rovinj 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 (1 172 227 $) 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 Rovinj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).