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Hotel 612 м² in Korcula, Croatia

2 962 608 $

4 840 $ /м²

4Od3p
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Area

612 м2

Bedrooms

7

Hotel, accommodation in Dubrovnik-Neretva. City - Korčula

Small family hotel/villa located only 50 meters from the crystal clear sea on the island of Korčula - idyllic location!

Korcula is a wonderful Mediterranean island on the western part of the island. It has a very good ferry and catamaran connection with the city of Split, as well as an excellent tourist offer and a newly built marina for boats.

The hotel consists of 7 double rooms with bathrooms. All rooms are luxuriously decorated and equipped with quality and comfortable furniture. The rooms have a view of the sea or the garden.

On the ground floor there is a reception, a meeting room, a toilet, a kitchen and a restaurant/bar with a spacious terrace for guests with a beautiful view of the sea.
In the basement there is a common room for hanging out with the possibility of arranging a smaller SPA, and the construction of an outdoor beach bar has begun.
On the second floor, there are two rooms and one that requires renovation, a storage room, a laundry room, and a staff toilet.

It is surrounded by gardens, Mediterranean herbs and olive trees. Below the hotel there is a beach with sunbeds.

It has 6 parking spaces.

This elegant mini-hotel represents an established business and is a great investment in tourism.

With small modifications and additional investment, it can be converted into a private villa.

Ref: RE-LB-IRO1676

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

Furniture

Additional details

Property type

Commercial

Object type

Hotel

Price

2 962 608 $

Land area

1

Characteristics

Furniture

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Korcula; 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 Korcula 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 (2 962 608 $) 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 Korcula: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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