Reasonably priced hotel in the area of Tribunj - in need of fresh ideas and new management
North and Middle Dalmatia›Sibenik
Distance to sea:
No. of bedrooms:
1 600 000 €
One of the most interesting real estate objects in our collection! Seafront hotel of 3 stars in Sibenik area with great potential in case of some modernization and upgrade!
It has 785 m2 of floorspace and a humble plot of 372 m2. Hotel was built in 1986-1990 and fully renovated in 2011. Since 2011 the hotel has been operating just for 1-2 years. So the renovation remained intact and fresh. Hotel is offering 18 rooms, all with a perfect sea view. Payment by installments is possible.
Tourism is a key national industry in Croatia and this segment of Croatian economy is growing every year. Tourism industry generated officially 9 bln euro in 2016 in Croatia or 18% of GDP of the country. In 2015 there were over 12 mln registered tourists with over 90 mln overnights, in 2016 more than 16 mln tourists visited Croatia, by 2020-2022 Croatia is planning to double these figures as a part of national strategy. Croatia still lacks 200-300 modern hotels of which at least 150 should be of 4 and 5 stars. Many hotels are in need of modernization and upgrade to meet modern challenges. Croatia is planned to become all-year-round destination. Thus tourism is enjoying wide governmental support. Croatia is always named within TOP-10 tourism destinations by LOVELY PLANET and NATIONAL GEOGRAPHIC ADVENTURE MAGAZINE. The tourists are mainly coming from Germany, Austria, Slovenia, Italy and Poland. More and more tourists from Switzerland, France, Czech Republic, Denmark, Sweden, UK and USA and coming every year. Tourism is Croatia is a highly attractive investment area, especially due to recent accession to EU. Croatia is also expecting to join Schengen-zone soon and will further stimulate tourism growth in Croatia. It is right time to invest in hotel infrastructure in Croatia and buy a hotel or mini-hotel in this country to be a part of success.
Overall additional expenses borne by the Buyer of real estate in
Croatia are approx. 8% of property cost: property transfer tax (4% 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