Croatia, Omis - Hotel with sea view, for sale

Ref. : 2016/318 - House / Villa / Hotel / Investments - For Sale
Selling price: 1.700.000 €
Living space: 1222 Land space: 1150 Rooms: 35 Distance from sea: 80 m
Number of floors: 5
  • Sea view
  • Parking
  • It has an Energy Certificate

The business-residential building, with a purpose of a hotel, is located only a few kilometers from the town of Omis, in the village Stanići, in a convenient position right next to the main road, with a romantic view of the sea from all the accomodation units and close to beautiful pebble beaches.

The facility is spread over 4 floors (ground floor and three floors), with a total living area of ​​1222 m2 and is located on a plot of total surface area of ​​1150 m2.

Within the facility there are 25 accommodation units, of which 24 units are apartments and rooms (each with a bathroom), and a spacious two-storey apartment located between the third floor and the attic.

All units are connected to the inner staircase from top to bottom, and the object itself communicates with the outer surfaces through 4 separate passages.

The facility is conceptual built as a hotel and has been operating as a hotel for a long time, whereas for the last few years, due to the market demand, it has been transformed into apartment units and as such it is present in the market today.

Certainly, given the business foundations on which this sale is based, the optimal number of accommodation units (each with sea view and balcony), a large restaurant with a kitchen and a bar with a spacious terrace on the ground floor, enough parking places for guests and proximity to beautiful beach and crystal clear sea, this offer seems to be a perfect business investment on this part of the coast, perfectly complemented by the immediate vicinity of the town of Omis with its rich cultural, gastronomic and sports offer.

Since the construction of the building itself has given a lot of attention to all the necessary details, it has a very high quality construction that is recognized at first glance, and as the whole object is maintained within a family with lots of love, the interior is in very good condition and any additional investment would be more related to the modernization of furniture and business, rather than renovation and repair of the existing situation.

Complete documentation is neat and the facility is ready for a new owner that will bring new business ideas, and all in all, business investment can be justified in a reasonable time period.

Location description
Omiš (pronounced [ɔ̌miːʃ], Latin and Italian: Almissa) is a town and port in the Dalmatia region of Croatia, and is a municipality in the Split-Dalmatia County. The town is situated approximately 25 kilometres (16 miles) south-east of Croatia's second largest city, Split. Its location is where the emerald-green Cetina River[1] meets the Adriatic Sea (Croatian: Jadransko More). Omiš municipality has a population of 14,936[2] and its area is 266 square kilometres (103 sq mi). 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.