Croatia, Dalmatia islands, Pag - Family hotel first row to the sea

The hotel is located in a unique location, first row to the sea, just a few steps from a beautiful sandy beach.

 

The property represents a good business investment for those who want to take advantage of the potential of the growing tourist market.

 

The hotel is sold fully furnished and equipped, ready for business with the possibility of taking over old guests.

 

Location:
• First row to the sea: The hotel is located just a few steps from a beautiful beach, which makes it very attractive for tourists.
• Close to the town of Pag and Croatian national parks. Road connection to the city of Zadar and its airport, close to the highway

Technical data:
• Area: Hotel: 1,044.00 m2
• Land area: 1,500 m2

Capacity and layout:
• 18 rooms + 1 two-room master suite on the top floor: The rooms are arranged over three floors, each with its own bathroom and loggia.
• ​​Basement: tavern-wine cellar
• Ground floor: Restaurant with kitchen, guest and staff toilets, storage rooms, boiler room and hunting room.
• 1st and 2nd floors: 8 bedrooms on each floor with bathrooms and loggias.
• 3rd floor: 2 bedrooms with terraces, apartment with two bedrooms, kitchen, living room and large covered terrace, and large storage room.

Tourist potential:
• Island of Pag: Known for its beautiful nature, rich cultural heritage and picturesque beaches, the island of Pag attracts more and more tourists every season, which makes this investment even more attractive.

Investment potential:
• Well-established business: The hotel is already in operation, which means that there is a stable income stream.

Secure return on investment: Thanks to the growing tourist market and expansion opportunities, this property offers excellent profit opportunities.

Additional opportunities:
• The hotel needs to be modernized and refreshed, thus further increasing its tourist potential.
• Expansion and improvement: The land allows for the construction of additional facilities such as a swimming pool or playground, which can increase the attractiveness of the hotel and bring a higher return on investment.
• Possibility to purchase (not obligatory) additional neighboring land and additional tourist facility (apartment facility immediately above the hotel, second row, with 6 apartments)…

– Apartment building with 6 apartments, area 438 m2,-Price: 438 m2 X 1,500 € = 657,000 €
– Building plot of 470m2, Price: 470 m2 x 300 € = 141,000 €
– Building plot of 701m2, Price: 701 m2 x 250 € = 175,250 €