Croatia, Murter - Hotel with 18 rooms, seafront

Ref. : 4908/30 - Hotel / Investments - Sold
Selling price: 890.000 €
Rooms: 18 Bathrooms: 19 Distance from sea: 10 m
Number of floors: 4
  • First row to the sea
  • Sea view
  • It has an Energy Certificate

The hotel with 18 rooms and 785 m2 of net usable space is located in the first row to the sea, with its own berth for boats.

It is spread over 4 floors (ground floor + 3 floors). The hotel was completely renovated between 2012 and 2013 and reopened in 2014. Each floor of the hotel consists of 4 rooms and one family room, which makes 18 rooms in total. Each room has a terrace overlooking the sea. All rooms have been redecorated (new flooring, furniture, etc.), and each has air conditioning and central heating. The hotel also consists of a reception (38 m2), a pantry for the needs of the bar (12 m2), a restaurant (65 m2) with 78 seats, internet corner (9 m2), kitchen (60 m2), kitchen pantry (12 m2), dressing room (13 m2), and toilet facilities for staff and guests.

In front of the hotel is a terrace of 400 m2. A new lift was installed in 2018. Given the state of the hotel and continuous operation since 2014, no additional renovation is required.

The hotel is located in a quiet place, near the famous tourist town of Vodice. It is only 9km from the exit to the nearest highway, 18 km from the Krka National Park, 25 km from Zadar Airport and 70 km from Split Airport. The hotel is well placed on the market with the potential for further development.

Location description
Murter (pronounced [mǔrtɛːr]; Italian: Mortero; Latin: Colentum) is an island in the Croatian part of the Adriatic Sea. Click for more
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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 EURO. If a foreign currency payment is made, the bank will convert it to EURO.

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.