Hotel 400 м² in Rovinj, Croatia

Hotel, accommodation in Istria. City - Rovinj

Situated in an upscale suburb of Rovinj, this apartment building is available for sale just 200 meters from the sea.
Originally constructed in 1987, the property underwent significant upgrades in 2016, including the facade renovation with Grigolin silicate plaster, complete carpentry replacement with alu/pvc fittings, as well as updated installations and sheet metal work.

Spanning across the basement, ground floor, first floor, and attic, the spacious residence comprises five individual units. The basement houses a sizable tavern with a kitchen, a boiler room, a laundry area, and a studio apartment with a covered terrace. The ground floor encompasses three units: two one-bedroom apartments and one studio apartment. Each of these units features a terrace and direct access to the garden.

The first floor and attic combine to create a single unit, linked by an internal staircase. The first floor offers a four-bedroom apartment, complete with a kitchen and dining area, a spacious hallway, a bathroom, a small storage room, and three bedrooms—two of which have private bathrooms. Additionally, it features a large terrace overlooking the historic town and two loggia-style bedrooms. The attic comprises an entrance hall, a rooftop terrace, a shared bathroom, and four bedrooms, two of which include en-suite bathrooms.

The entire property is equipped with central heating fueled by heating oil, featuring a Riello stove, a large heating oil tank, and a shared 300 L Riello boiler. Each room is fitted with its own radiator. The gas cabinet is conveniently located on the premises. Furthermore, each unit is air-conditioned with inverter systems and comes with SAT/TV installations. The expansive garden offers multiple parking spaces.

Based on the location information and construction conditions as of July 2020, there is potential to add an additional floor and expand the building, given the area is zoned for mixed, predominantly residential use. Positioned at the end of the settlement, the property borders a green zone, ensuring no further construction beyond this point.

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.