Hotel, accommodation in Istria. City - Medulin
For sale: a successful boutique hotel in Medulin!
Located in a peaceful part of Medulin, just steps away from stunning beaches, this charming hotel offers a unique vacation experience. Featuring nine modernly equipped rooms and apartments, the property exudes elegance and comfort. Guests enjoy access to a private pool, spacious sun decks, and free Wi-Fi. Completely renovated in 2024, the hotel boasts an Energy Class B rating.
This hotel is a perfect investment opportunity for those looking to enter the tourism industry or expand their portfolio with a high-performing property. With its excellent occupancy rates and prime location, the business is poised for continued growth.
If you're seeking a secure and profitable investment in real estate, this boutique hotel is an outstanding choice.
Ref: RE-U-35709Overall 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.
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 (2 186 729 $) 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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