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Hotel 535 м² in Funtana, Croatia

ID 4Od3z
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Area
535 m²

Description

Hotel in Istria. City - Funtana

 

Discover this exceptional apartment house nestled near the enchanting sea in Funtana-Fontana, a town acclaimed as the Adriatic's most sought-after tourist destination. It is ideally situated along the scenic Porec-Vrsar-Orsera road, where numerous family houses have been established, yet few welcome guests during the summer season. Funtana's exclusivity as a tourist hotspot becomes evident through its concentration of charming restaurants within a small area, adding to its allure and uniqueness during the summer months. The coastal stretch features meticulously landscaped campsites that seamlessly blend with the natural surroundings, along with several hotels.

This apartment house, constructed in 2014 on a spacious 1126-square-meter plot, is a testament to modern coastal living. It comprises three levels, including the ground floor, first floor, and second floor. The property boasts a total of 7 residential units and 3 suites, in addition to a delightful tavern with a fireplace. To enhance the leisurely experience, a swimming pool graces the western side of the house, overlooking a covered terrace measuring 24 square meters. The income potential from rentals is substantial, with owners consistently earning high returns annually.

Each apartment and studio within this house is outfitted with top-of-the-line amenities, furniture, and materials, ensuring a comfortable and stylish stay for guests. A generously sized parking area accommodating up to 10 vehicles is located in front of the house. The property is enclosed by a stone wall adorned with stone pillars and fencing. Well-constructed pedestrian and vehicular gates offer both security and convenience.

Heating is efficiently provided through air conditioning and electricity, while the house also features a solar system capable of heating 800 liters of hot water. This meticulously designed and maintained property represents an exceptional opportunity for those seeking a successful investment in the thriving tourism industry of Funtana.

Ref: RE-U-24698

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.

Characteristics

Property type
Commercial
Object type
Hotel
Price
1 828 365 $
Land area
820 m²

Services and facilities

  • Pool
  • Furniture
  • Heating system

Location

Region
Poreč

FAQ

How can I get a residence permit by buying property in Croatia?

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Funtana; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Croatia?

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.

What taxes and fees apply when buying in Croatia?

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.

How is the title checked in Croatia?

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.

Can I rent out property after purchase in Croatia?

Yes. Rental income tax is 5–25% depending on the regime. In Funtana short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 828 365 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Croatia?

A typical transaction runs 30–90 days, averaging 45 in Funtana: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Hotel 535 m² in Funtana, Croatia