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Hotel 750 м² in Medulin, Croatia

2 922 208 $

3 896 $ /м²

4Od0v
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Area

750 м2

Bedrooms

11

Hotel, accommodation in Istria. City - Medulin

Spacious apart-house of 6 rental apartments just 50 meters from the sea in Medulin, with sea views.
It is located in a quite part of this vibrant holiday destination.
Total surface is 750 sq.m. Land plot is 2400 sq.m.
Property was initially built in 1990 and then renovated in 2022. The renovation of the house is still taking place now, and the price includes a new facade, a complete renovation of the bathroom, and new PVC joinery.
Also, new ceramics and laminates are installed.

It currently consists of 6 residential units of different square footage.
Most apartments have large terraces with a view of the sea, and the apartments are categorized as 3 *** stars.

The property extends through the basement, ground floor and first floor.
The basement part has about 150 m2 of living space and has a tavern with a brick fireplace and a kitchen, two garage parts, utility rooms, storage rooms, a large hallway, and the basement is connected to the interior of the house with several parts.
The apartment house has 8 air conditioners, pellet central heating, and a fireplace.
 
The apartment house has two entrances from where you can access the house, i.e. the large and spacious garden where the summer house is located, the Istrian kažun with a brick fireplace for gatherings and the best meals.
 
Great asset for those who are looking for larger residential buildings with the aim of investing and returning with tourist rentals.
Ref: RE-17907

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

Garage/parking
Air conditioner
Heating system

Additional details

Property type

Commercial

Object type

Hotel

Price

2 922 208 $

Land area

2400

Characteristics

Garage/parking
Air conditioner
Heating system

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Medulin; 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 Medulin 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 (2 922 208 $) 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 Medulin: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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