€2,500,000Omiš · Central Dalmatia
Omis, house for sale, 2.500.000 €
600 m² · 9 rooms
Dubrovnik · Southern Dalmatia · Croatia
In the very heart of Dubrovnik’s historic Old Town, within one of the most famous and most visited…
For sale · House · Reference IB-14466
€4,500,000
Key facts
- Price
- €4,500,000
- Price per m²
- €28,302/m²
- Living area
- 159 m²
- Year built
- 1900
- Distance to airport
- 16 km
545% 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, within one of the most famous and most visited tourist destinations in the Mediterranean, this rare property is located, combining a hospitality venue and a house with tourist apartments. The property consists of a house with a total area of 325 m², a restaurant space of 65 m² and an additional restaurant terrace of 60 m². Such a combination of accommodation and hospitality facilities in one location represents a particularly interesting investment opportunity, especially within Dubrovnik’s Old Town where the supply of real estate is very limited. The house is organized as a tourist property with a total of nine apartments which have been successfully rented to guests from all over the world for many years. The interiors are arranged in accordance with the character of Dubrovnik’s traditional stone houses, with warm tones, wooden elements and details that preserve the authentic atmosphere of the historic architecture of the Old Town. High ceilings, wooden doors and selected pieces of antique furniture further emphasize the character of the space, while some units offer views of the characteristic red rooftops of the Old Town and surrounding historic buildings. Each apartment has its own bathroom and a kitchenette or small kitchen, allowing guests full independence during their stay. The apartments are air-conditioned, fully equipped for tourist rental and represent a stable source of income throughout the tourist season. A special value of the property is the hospitality space located on the ground floor of the building. The restaurant is known for its traditional cuisine and concept of preparing authentic Dalmatian dishes, with emphasis on slow food preparation and local ingredients. Among the most recognizable dishes is meat and vegetables prepared under the “peka”, a traditional cooking method with a thousand-year history in Dalmatia and one of the most authentic gastronomic experiences of the region. The restaurant features an indoor space of 65 m² and an additional terrace of 60 m², allowing pleasant outdoor dining during most of the year. Such a concept is particularly attractive to visitors of Dubrovnik who are looking for an authentic gastronomic experience within the atmosphere of the historic Old Town. The property is located within the Old Town, among stone streets, historic palaces and numerous cultural landmarks that make Dubrovnik one of the most visited cities in the Mediterranean. In the immediate vicinity are the city’s main attractions, historic squares, restaurants, galleries and cultural facilities, while the micro-location itself records an exceptionally high frequency of visitors during the tourist season. The combination of a hospitality venue and nine tourist apartments at one address provides multiple income streams and makes this property particularly attractive to investors seeking an already established tourism and business concept in Dubrovnik. Properties of this type, combining accommodation and hospitality facilities within the historic Old Town, rarely appear on the market and represent a long-term valuable investment in one of Europe’s most renowned tourist destinations.
Location
The map shows the approximate area. The exact address is provided by the agency on request.
