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Hotel 1200 м² in Borik, Croatia

3 506 649 $

2 922 $ /м²

4Ocvs
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Area

1200 м2

Bedrooms

24

Hotel, accommodation in Zadar. The city - Borik.

A wonderful hotel in one of the most popular districts of Zadar - Borik area!
Beautiful view of the sea which is just 500 meters away, short walking distance by foot!
The center of the old town of Zadar is only 3 km away!

At the moment the hotel category is 3 stars.
It is possible to re-build a hotel (add some floorspace) and upgrade it to 4 stars. Swimming pool can be also added.

The hotel offers-
- 24 rooms with bathrooms
- reception
- hall
- restaurant
- parking for 13 cars

The hotel is completely occupied 6-7 months a year.

The hotel is decorated with a company. If desired, the buyer can purchase 100% of its shares. This makes sense, since the company is well known in the city, it's a popular local brand-name.


Updated on September 27, 2018

Ref: RE-LB10202

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

Additional details

Property type

Commercial

Object type

Hotel

Price

3 506 649 $

Land area

820

Characteristics

Garage/parking

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Borik; 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 Borik 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 (3 506 649 $) 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 Borik: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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