Property Abroad

Croatia

Istria

Umag

Hotel

Hotel 240 м² in Umag, Croatia

1 575 420 $

6 564 $ /м²

4Od0b

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #1

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #2

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #3

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #4

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #5

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #6

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #7

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #8

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #9

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #10

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #11

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #12

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #13

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #14

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #15

Hotel 240m² in Croatia, Umag. Priced at 1400000€ rent photo- #16

Area

240 м²

Hotel, accommodation in Istria. City - Umag

Unique property in Umag, just 30 meters from the sea.
Total surface is 240 sq.m.

This is a catering facility on two floors (well-known cafe-bar) and plus five renovated rooms for renting, categorized as four stars, two of which have a jacuzzi and three have a sauna.
Heating and cooling is by air conditioner with inverter. The property is sold furnished.
Last adaptation done in 2022.

Given that the owners already run a well-established business, this property is a great opportunity as a financial investment.

Ref: RE-U-17012

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.

Services and facilities

Heating system

Air conditioner

Furniture

Additional details

Property type

Commercial

Object type

Hotel

Price

1 575 420 $

Land area

Characteristics

Heating system

Air conditioner

Furniture

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Umag; 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 Umag 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 (1 575 420 $) 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 Umag: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).