€920,000Rovinj · Istria
Prostrani dvoetažni stan 200m od plaža sa krovnom terasom
203 m² · 4 rooms
Dubrovnik · Southern Dalmatia · Croatia
In the very heart of Dubrovnik’s historic Old Town, a commercial property of high market value is…
For sale · Commercial · Reference IB-14549
€1,800,000
Key facts
- Price
- €1,800,000
- Price per m²
- €15,929/m²
- Living area
- 113 m²
- Distance to airport
- 16 km
263% above the regional average (Region average: €4,386/m²)Online for 11 days
Investment overview
Southern Dalmatia currently has 2 active rental listings. From 20 comparable listings onwards we show the estimated gross yield here.
What we deliberately do not calculate
- Holiday rental income and seasonal revenue. The rental average reflects long term leases, and we have no booking data for short lets.
- Occupancy and seasonality. That would need booking data, which we do not collect.
- Appreciation forecasts. Our quarterly series show past asking prices, and hindsight is not a forecast.
- Net yield. It depends on closing costs, tax rate and financing of the individual buyer.
These figures are an automatic calculation from listing data. They are not investment advice, not an investment recommendation and not a valuation. They are based on asking prices of active listings on Immobalko, not on notarised purchase prices and not on rents actually achieved. Verify every figure with the agency, a tax adviser and a local lawyer before deciding.
Description
In the very heart of Dubrovnik’s historic Old Town, a commercial property of high market value is offered for sale, purpose-designed for hospitality use and positioned for years as a stable gastronomic location. It is situated in the authentic setting of a stone-paved Old Town street, in a micro-location that combines constant pedestrian flow both during and outside peak season, while still offering a sufficiently tranquil atmosphere that provides guests with a genuine Dubrovnik experience. The property is currently leased and is being sold as an investment with an existing tenant, ensuring continuity of income without the need for operational management. The model is straightforward: an income-generating asset with an established concept and market recognition, located in an area where the supply of commercial premises is permanently limited and demand remains stable. The interior area measures 113 sqm, with the possibility of using approximately 40 sqm of additional public outdoor space. The interior includes a well-appointed dining area featuring authentic stone details and vaulted ceilings, a logically organised service section, and a fully equipped professional kitchen ready for full operation. The sanitary facilities are clearly defined, with two separate toilets, representing a practical advantage for hospitality operations within the Old Town. Dubrovnik, as a globally established destination with strictly limited space within the city walls, gives this property additional weight: it represents a combination of capital preservation and investment potential supported by proven tourist demand. The space is suitable for continuing the existing lease, but also for developing a new hospitality concept, as the location and format of the property hold intrinsic value independent of any brand. This property is an ideal choice for investors seeking a premium Old Town location, an existing lease agreement, and a long-term stable investment framework in a market with permanently limited supply.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
