Seafront hotel in Sibenik area for sale, possibility of extention!
North and Middle Dalmatia›Sibenik
Distance to sea:
2 600 sqm
2 600 sqm
No. of bedrooms:
No. of bathrooms:
3 800 000 €
GREAT FIRST LINE HOTEL in a popular touristic place in Sibenik area! Perfect location by the beach in a pine wood zone.
Official category is 3 stars at the moment with 24 rooms available. Are is 2600 m2. Valuable additions are restaurant, pizzeria and coktail bar.
But the real valus of this hotel is in extention possibility. By local plan it is possible to construct 105 hotel of 4 stars on the basis of the present structure. There is an existing project and building permit which can be presented to the buyer.
The land of of over 4200 m2 allows to constructed a perfect seafront hotel with all the luxury infrastructure.
Highly recommended for investors.
Right time to invest in Croatia! Touristic insdustry is rapidly growing having generated 9 mln euro in 2016 and expecting even highly yields in 2017. 18% of Croatian GDP are within tourism. In this connection it is an area of priority development for Croatian government which has initiated programm of all-year-round Croatian hotels occupancy, general modernization and upgrade of hotels all over the country. In 2015 year croatia demonstrated 12 mln overnights, in 2016 - already 16 mln overnights per year, by 2020 it is planned to achieve the figure of 24 mln overnights. Croatia is becoming 4- and 5-star destination with leading hotel management companies present at the market and expanding the presence: Kempinsky, Hilton, Radisson, Iberostar, le Meridien and many others are targeting Croatian hotel market as one of the most attractive in Europe. Croatia had been included into TOP-1O ranking of touristic destinations of Europe and of the World many times. Croatian island of Hvar has been called one of TOP-10 most beautiful islands of the world. Same TOP-awards touristic nominations are regularly given to cities of Dubrovnik, Split, Trogir, Zadar, Sibenik, Porec, Rovinj and Opatija. Due to close vicinity to Austria, Germany, Switzerland, Slovenia - Croatia is attracting more and more tourists from these countries. Touristic flow from Poland, Czech Republic, Italy, UK, USA, Denmark, Norway, Sweden is also rising. Europe is becoming more united and Croatian sea is becoming closer to citizens of Netherlands, Belgium, Finland. Several years ago Croatia became EU-member state. European Parliament has also approved it's accession to Schengen zone which will stimulate further growth of tourism in Croatia. There are still many areas on mainland and on the islands with no hotels or old hotels to be modernized and upgraded. About 200-300 high class hotels are yet planned to be built to make Croatia 5-star destination booming in the next decade.
Overall additional expenses borne by the Buyer of real estate in
Croatia are approx. 7% of property cost: property transfer tax (3% of
property value), agency commission (3%+VAT on comission), advocate fee
(0,5-1%), notary fee and official certified translation expenses.
Brockerage agreement on 3% commission (+VAT) is signed prior to visiting