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Hotel 489 м² in Ciovo, Croatia

2 697 865 $

5 517 $ /м²

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Area

489 м2

Bedrooms

7

Hotel, accommodation in Split-Dalmatia. City - Čiovo

Fantastic seafront investment property newly renovated and re-launched in 2019!

Excellent position by the popular beach on Ciovo!
Fresh building with designer restaurant and three luxury apartments with sea view!

Walls and business are for sale!

Total surface of the building is 489 m2. 
Lower level is occupied by newly opened restaurant with modern equipped kkitchen, storage spaces, sanitary facilities.
Middle level offers two apartments for renting, each with two bedrooms, bathroom, salon with kitchen area and terrace.
Upper level is owner's penthouse with three bedrooms, two bathrooms, salon with open-plan kitchen, terrace overlooking the sea.

Land plot with children playground is 563 m2 and a parking area.

Property is fully equipped and is for sale as it is, with all equipment and appliances.

Exceptional property and great potential for business.


Ref: RE-LB10575

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.

Additional details

Property type

Commercial

Object type

Hotel

Price

2 697 865 $

Land area

563

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ciovo; 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 Ciovo 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 (2 697 865 $) 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 Ciovo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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