Hotel 420 м² in Banjole, Croatia

Hotel, accommodation in Istria. City - Banjole

Apartment house near the sea in Banjole, great for renting, mere 250 meters from the sea!
Total area is 420 sq.m. Land plot is 565 sq.m.
There are three levels and 5 residential units.
On the ground floor there is a large family apartment of 120 m2 (owner's one) consisting of a hallway, a living room with access to a spacious terrace with a fireplace, a kitchen with a dining room, two bedrooms and a bathroom. There is also a studio apartment on the ground floor.
The stairs lead to the first floor where there are two very similar 1-bedroom apartments with bathrooms and spacious terraces.
On the second floor there is a large apartment with 3 bedrooms + bathroom, salon and kitchen with a large terrace that offers a view of the Adriatic sea.

The listed residential units are used for tourist rentals and due to their location they achieve very good occupancy rates.
The property is located on a plot of land of 565 m2, which includes a garage that can serve as an additional residential unit in the future.
The territory offers a covered summer kitchen with a barbecue.
Due to its perfect location and proximity to the sea, it represents an excellent opportunity for tourist rental and return on investment.

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.