Hotel 500 м² in Hvar, Croatia

Hotel in Split-Dalmatian. City - Hvar

This profitable property for sale on the island of Hvar in the city of Hvar occupies one of the most desirable places for real estate in Dalmatia, only 700 meters from the Adriatic Sea. With a total living area of 500 square meters on a plot of the same area of 500 square meters, this Mediterranean house represents an exceptional investment opportunity for luxury tourist rental, boutique hotel or the continuation of a successful hospitality and tourism business in Croatia. The multifunctional coastal property consists of four different floors and includes 8 independent residential units designed to maximize rental yields.
In the basement there is a practical utility room and covered parking, while on the first floor there are three comfortable one-bedroom apartments and one cozy studio.
On the second floor there are three spacious and well-equipped one-bedroom apartments designed for vacationers.
On the attic floor there is a luxurious two-bedroom penthouse with a large, sun-drenched apartment, which makes it an ideal residence for the owner.
This residential building on Hvar includes a secure private garage and enough dedicated parking spaces for all accommodation units, which is a significant competitive advantage for properties in this premium coastal area. Originally built in 1997 and fully renovated in 2019 in accordance with modern Mediterranean design standards, the entire property has been carefully maintained and is ready to continue its profitable tourism activities without the need for additional capital investment. Surrounded by a meticulously manicured Mediterranean garden, this villa offers a tranquil green setting for outdoor relaxation and privacy, while an excellent micro-location provides a high tourist flow and strong rental demand throughout the holiday season. The clean pebble beaches and vibrant centre of Hvar are just a few minutes away from an easy walk, and the nearest authentic Dalmatian restaurant is just 300 metres from the door. For buyers looking for top-notch coastal property in Croatia that seamlessly combines premium island location, established rental tourism potential and long-term investment value, this apartment building represents a rare market opportunity on the highly sought-after island of Hvar. Ref: RE-LB-BIL059

When buying real estate in Croatia, the buyer incurs additional costs of about 7% of the sale price: property transfer tax (3% of the value of the property), agency commission (3% + VAT), lawyer fee (about 1%), notarial fee, court fee, payment for the services of a certified translator. The signing of the Agency Agreement (by 3% commission + VAT) precedes the display of objects.

Premiums: Garage, Warehouse, Garden, Urbanized, Modern