€1,469,230Rovinj · Istria
Rovinj, izvrstan luksuzan stan samo 200 m od mora
124 m² · 2 rooms
Gradac · Central Dalmatia · Croatia
Makarska Riviera - hotel / top investment opportunity!
For sale · Commercial · Reference IB-14523
€2,540,000
Key facts
- Price
- €2,540,000
- Price per m²
- €1,637/m²
- Living area
- 1,552 m²
- Distance to airport
- 58 km
68% below the regional average (Region average: €5,049/m²)Online for 11 days
Investment overview
Estimated gross yield
12.6%
Based on the rental average in Central Dalmatia of €17.21 per m² and month, drawn from 27 active rental listings. At 1,552 m² that works out to roughly €26,713 per month and €320,552 per year. See market data for this region
Estimated from asking rents. Not a guarantee of achievable rent.
Not included in the yield
Real estate transfer tax of 3 percent, notary, lawyer and commission, plus ongoing operating and management costs, vacancy, maintenance, tax on rental income and financing costs.
The net yield is therefore regularly well below this figure.
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
Makarska Riviera - hotel / top investment opportunity! We present to you an exceptional investment opportunity – a family hotel with a long-standing, established business located in a quiet coastal town on the Makarska Riviera, just a few minutes' walk from a beautiful pebble beach and all amenities. This family hotel is situated in a very attractive location on the Makarska Riviera with views of the island of Hvar and Pelješac, and due to its excellent connectivity with the towns of Makarska and Dubrovnik, it is a highly sought-after tourist destination. This property spans a plot of nearly 1800 m², while the hotel building itself encompasses a net usable area of over 1500 m² distributed across the basement, ground floor, and three floors. The hotel includes 23 accommodation units, comprising double, triple, and one family room, each with a private bathroom, a balcony with a sea view, and a comfortable, air-conditioned interior. The ground floor of the hotel offers a cozy reception and guest lounge, while its main feature is a spacious restaurant with a fully equipped kitchen and a large terrace that connects to a sunbathing area with a pool. Below the terrace, there is a garden, a children's play area, and an additional recreational zone with a fitness center, sauna, and wine cellar in the basement. The hotel also has an elevator, as well as private parking with more than 30 parking spaces, including garages. The property is categorized with 3 stars (potential for 4*) and offers all prerequisites for the continuation of a stable tourism business. It is furnished, equipped, air-conditioned, with a usage permit and clear ownership – ready for takeover without additional investments. This property represents an ideal choice for investors seeking a secure and profitable acquisition on the Adriatic coast, with a recognizable and positively rated business. Excellent potential and investment opportunity with an established, recognizable, and profitable business since 2013. For more information and viewings, we are at your disposal.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
