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Hotel 593 м² in Novalja, Croatia

1 659 060 $

2 797 $ /м²

4Od3q
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Area

593 м2

Bedrooms

14

Hotel, inn in Lika-Senj. City - Novalja

Spacious guest-house on Pag peninsula, 1st row to the sea!

Gorgeous tourist property for sale in Vidalići on the island of Pag. The building is located in an extremely attractive location only 10 m from the sea
It has a total area of 593.66 m2 and is built on a plot of 1030 m2.
It consists of a total of seven two-room apartments located on the ground floor, on the first and second floors.
On the ground floor there is a spacious apartment consisting of two bedrooms, kitchen, dining room and living room, two bathrooms and a terrace. On the ground floor there is also a gym and a summer kitchen, as well as an additional toilet.
There are three two-bedroom apartments on the second floor, and the remaining three two-room apartments on the second floor.
In the yard there is a swimming pool, a sunbathing area and a parking lot with more than seven parking spaces.

The property was built in 2011, and was renovated in 2022, when the facade was renewed. The apartments are air-conditioned, PVC joinery with double-glazed windows is used, and the floor coverings are ceramic tiles and parquet. 

The island of Pag is the fifth largest island in the Adriatic Sea by area, but with a coastline of 302.47 km, it is the most indented island in the Adriatic. It is connected to the mainland by the bridge.
The island  Pag is known for its sparse vegetation coverage in some of its parts, which is often compared to the surface of the moon. The rocky landscape with only a few leaves of aromatic plants being grazed by sheep creates a unique impression.

Ref: RE-U-21188

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

Pool
Air conditioner

Additional details

Property type

Commercial

Object type

Hotel

Price

1 659 060 $

Land area

1030

Characteristics

Pool
Air conditioner

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 (1 659 060 $) 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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