Hotel 1 м² in Split, Croatia

Hotel, accommodation in Dalmatia. City - Split

A 4-star beach hotel for sale in a luxurious suburb of Split with a 75% occupancy rate 365 days a year! Excellent location on the beach!
A great 4-star hotel on the FIRST LINE of the sea right on a beautiful pebble beach with a yacht dock nearby, in a highly sought-after resort area!
The area is popular both in winter and summer, as it is only 5 km from the center of Split and the Diocletian Palace, and 27 km from Split-Kaštela International Airport!

The hotel has two wings: the main building with suites and two additional buildings with classic rooms.
Most rooms are equipped with top-of-the-line amenities such as underfloor heating, air conditioning, jacuzzi bathtubs, minibars, telephones, LCD TVs, internet, and balconies with stunning sea views.

Guests can enjoy modern rooms in seven different categories.
The hotel has a total of 56 rooms, including:
- standard double rooms of 16 m2.
- classic double rooms of 18 m2.
- triple rooms of 20-21 m2.
- quadruple rooms of 40 m2.
- deluxe rooms of 30 m2.
- suites of 40 m2.
- super suites of 20 m2.

The hotel has excellent infrastructure:
- equipped beach line
- a renowned restaurant with a terrace (130-150 seats) overlooking the sea and beach
- beach bar (approx. 60 seats)
- stunning rooftop pool with incredible sea views
- indoor spa center with sauna and massage rooms
- gym/fitness center
- two conference halls
- banquet hall
- 24/7 reception
- elevator
- spacious parking for 80 cars

Complete renovation in 2010. The condition is perfect.

Excellent occupancy – 275 days a year or 75%. The hotel is open 365 days a year. Depending on the season, there are 8-15 employees on staff.
Great EBITDA with a payback period of less than 10 years.

2020
Ref: RE-LB10066

When purchasing property in Croatia, the buyer incurs additional costs of about 7% of the purchase price: property transfer tax (3% of the property value), agency commission (3% + VAT), attorney's fee (approx. 1%), notary fees, court fees, and payment for certified translation services. Signing the Agency Agreement (for a 3% commission + VAT) precedes the showing of properties.