Hotel 1067 м² in Umag, Croatia

3 318 121 $

3 109 $ /м²

4OdRK

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Area

1067 м²

Bedrooms

Hotel, accommodation in Istria. City - Umag

Boutique hotel of 4**** star category in Basania area, only 850 meters from the beaches.
Distance from the center of Umag is 6 km.
The total area of the hotel is 1067 sqm.

It offers:
- 5 spacious apartments with 10 rooms in total (all rooms have mini-bar, bathroom, Wi-Fi, satellite TV, bathroom)
- lobby with reception
- restaurant with outdoor terrace
- large parking lot

It is surrounded by truffle areas, Savudrija golf course is nearby.
This area is also famous for ATP tennis tournaments.

Ref: RE-AB-BASANJA

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

Additional details

Property type

Commercial

Object type

Hotel

Price

3 318 121 $

Land area

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Umag; 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 Umag 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 (3 318 121 $) 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 Umag: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).