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Hotel 120 м² in Vrsar, Croatia

669 598 $

5 579 $ /м²

4Od05
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Area

120 м2

Bedrooms

3

Hotel, accommodation in Istria. City - Vrsar

Vrsar is a place of magical sea views, narrow streets, old stone houses in a row,  vivid colors and typical Mediterranean beauty.
Preserving its fishing tradition and rich historical heritage, it has been attracting tourists and artists for decades, while the untouched nature of the Lim Bay, the marina and the sports airport beckon adventurers and adrenaline junkies. The medieval old town center of Vrsar lies on a hill by the sea, from which numerous vantage points offer an unforgettable view of the open sea and the archipelago of 18 islets. A refuge for fishermen and sailors, a source of inspiration for artists, a place to enjoy the famous Casanova - Vrsar is a place that inspires.
A beautiful apart-house is for sale in the center of Vrsar. Total area is 120 sq.m.
The house is decorated, all apartments are newly renovated with quality furniture.
It consists of four rental units, interconnected by internal stairs.
Each apartment and basement has approximately 30 m2 and consists of one bedroom, a fully equipped kitchen and a private bathroom.
The apartment on the ground floor and on the first floor consists of a separate bedroom with a double bed and a bed for one person, a kitchen with a dining room and a bathroom.
On the second and third floor there is a studio apartment with one bedroom, living room, dining room and bathroom.
The washing machine and additional toilet are located in the basement and can be used by all users of the apartment house. Air conditioners are in all apartments.
The parking lot for the owner is located 50 meters from the property.

Due to its excellent location and facilities, this property is an ideal investment for taking over an already well-established tourist rental. 

Ref: RE-U-32771

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
Air conditioner

Additional details

Property type

Commercial

Object type

Hotel

Price

669 598 $

Land area

1

Characteristics

Furniture
Air conditioner

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Vrsar; 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 Vrsar 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 (669 598 $) 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 Vrsar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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