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Hotel 262 м² in Umag, Croatia

861 526 $

3 288 $ /м²

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Area

262 м2

Bedrooms

6

Hotel, accommodation in Istria. City - Umag

Apart-house in Umag area cca. 3 km from the sea!
Total area is 262 sq.m. Land plot is 798 sq.m.

This tourist property extends over the ground floor and first floor and contains 5 studio apartments.
There are 2 apartments on the ground floor, each with its own bathroom, and the internal staircase leads to the first floor where there are 3 more apartments, each with its own bathroom and terrace.
The future owner can arrange the layout of the rooms in the house as he wishes, that is, he can keep the studio apartments or remodel the entire house for family life.
 
Heating is based on gas, air conditioners and heaters.
 
The house is located on a plot of land of 798 m2, which currently serves as a parking lot for several cars, but the future owner has enough space to build a swimming pool with a swimming pool.
 
There is also the possibility of buying a business building nearby with an additional apartment.
 
Due to the proximity of the amenities, this apartment house is ideal for continued tourist rental, as more units are sought after in Istria every year.
Ref: RE-U-16954

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

Heating system
Air conditioner
Pool

Additional details

Property type

Commercial

Object type

Hotel

Price

861 526 $

Land area

798

Characteristics

Heating system
Air conditioner
Pool

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 (861 526 $) 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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