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Hotel 200 м² in Umag, Croatia

644 725 $

3 223 $ /м²

4OcyF
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Area

200 м2

Bedrooms

3

Hotel, accommodation in Istria. City - Umag

Advantageous house in the center of Umag second row to the sea, just 100 meters from the water!
This detached house is for sale in the most exclusive part of Umag town. It is located on a beautifully landscaped green garden of 488 m2 and consists of two apartments.
Total area of the house is 200 sq.m.
The high ground floor has a spacious apartment with a large living room, kitchen with island and dining table for 8 people, and large bedrooms and bathrooms. This apartment has access to 3 covered terraces, the largest of which has 42 m2 and is perfect for summer enjoyment with family or friends.
The second apartment in the basement has a separate entrance, consists of two bedrooms, kitchen and bathroom and is currently used for tourist rent.

The house has a boiler room and additional storage.
The house is attractive for investments - it has an approved project to build another floor and has great potential given its excellent position and square footage.

It is located right next to the beaches and the sea only 100 m away, the marina is 200 m, the center of the old town is accessible on foot at 500 m, promenades along the pine trees and the sea (typical of Umag).
There are also bike paths, restaurants, bars and a market at 200 m.  Perfect position in Umag.

Ref: RE-U-11612-1

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.

Additional details

Property type

Commercial

Object type

Hotel

Price

644 725 $

Land area

488

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 (644 725 $) 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).

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