Croatia, Makarska - Hotel, for rent, located on the Makarska Riviera

Ref. : 2016/417 - Hotel - For Rent
Selling price: 55.000 €
Living space: 900 Land space: 1055 Rooms: 22 Bathrooms: 20 Distance from sea: 10 m

Exclusive sale of real estate agency Broker - this property can only be purchased through us!

  • First row to the sea
  • Sea view
  • Exclusive sale

Hotel, for rent, located on the Makarska Riviera in the picturesque Dalmatian town of Drvenik, in an excellent position in the first row to the sea, on a plot of 455 m2.

With a total gross area of ​​900 m2, the hotel consists of a basement where the restaurant is located (gross area of ​​126 m2 with a large terrace above), ground floor and three floors.

Given the current interior design, the interior consists of a total of 6 apartment units and 14 rooms with bathrooms, or a total of 55 beds.

The building was built in stages so that it was completed in 2002, while the top floor was built in 2008.

Positioned in a very good strategic location above the ferry port that connects Drvenik with the island of Hvar (Sucuraj), and near the main beach and all additional facilities, the hotel is perfectly recognizable to every visitor to this charming Dalmatian place located below the slopes of mountain Biokovo and easy to make a brand out of it and position it on the market considering a really perfect location.

Elegant west-facing, the hotel is bathed in sunshine all day and most accommodation units have open sea views and a balcony.

The facility has been operating at reduced capacity in recent years, ie it has not reached the optimal level, but it was still properly maintained so that it is still in satisfactory condition, although it will certainly need partial renovation, given the requirements of modern hotel business. The restaurant in the basement of the building requires a complete renovation in agreement with the owner.

All in all, a very high quality and serious offer that will surely interest a true investor and a sincere lover of the beautiful Makarska Riviera.

Location description

Makarska (pronounced [mâkarskaː]) is a small city on the Adriatic coastline of Croatia, about 60 km (37 mi) southeast of Split and 140 km (87 mi) northwest of Dubrovnik. It has a population of 13,834 residents.[1] Administratively Makarska has the status of a city and it is part of the Split-Dalmatia County. It is a tourist centre, located on a horseshoe shaped bay between the Biokovo mountains and the Adriatic Sea.

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These are questions and answers on some frequently asked questions about real estate in Croatia, for any other questions feel free to contact us or come to our office and we will be glad to help you.

1. Can foreign nationals buy real estate in Croatia?

Foreign nationals belonging to EU Member States can purchase real estate in the same way as Croatian nationals. Foreign nationals belonging to non-EU countries can purchase real estate in Croatia with cumulatively fulfilled two conditions: reciprocity agreement with the Republic of Croatia and consent of the Ministry of Justice.

2. What is the real estate tax in the Republic of Croatia?

The Republic of Croatia has a unique real estate tax rate of 3%. The amount of tax is determined on the basis of the price from the contract of sale and the assessment of the competent tax administration. According to the law, the buyer pays tax on the received solution only once.

3. What is the tax on real estate swap?

The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.

4. In what time span real estate sales tax must be paid?

The tax liability arises at the time of the conclusion of the contract or other legal transaction that acquires the real estate. The notary is obliged to submit one copy of the document to the Tax Administration within 30 days from the signature on the sale documents. The taxpayer is obliged to pay the determined tax within 15 days from the delivery of the decision on determining the real estate sales tax.

5. What is a down payment and how much is it?

A down payment is an insurance that the buyer pays to the seller as a sign that the contract has been concluded and a certainty that the obligation will be fulfilled. In practice, the down payment is given on the Pre-contract and is usually 10% of the agreed purchase price. In case of fulfillment of the contract, the down payment is calculated in the total amount of the agreed purchase price.

6. Can the amount of real estate purchase be paid in foreign currency?

In principle, no. Every sale in the Republic of Croatia must be paid in HRK. If a foreign currency payment is made, the bank will convert to HRK.

7. Is it possible to conclude and certify a contract of real estate sale abroad?

Yes, if it is a citizen of the Republic of Croatia then it is best to certify the contract with our diplomatic mission. If it is a foreign national then with the notarization of the purchase contract with a public notary, the Apostille of public document issued in that state is required.