Premium New development

90 Bed Property for sale

Croatia

£15,669,888 *  [€18,000,000]

90 Bed Property for sale

Croatia

£15,669,888 *  [€18,000,000]

Property Details


  • Bedrooms: 90
  • Bathrooms: 90

Full Description


This premier seaside hospitality development on Bosnian Adriatic represents a unique investment opportunity in the heart of the Adriatic coast.

The property consists of two interconnected buildings totaling 6,800 m² of gross building area situated on 4,324 m² of surrounding land. Completely renovated for the 2018 season, the facility recorded a strong performance of 21,500 overnight stays in 2019.
Guests have access to a modern outdoor swimming pool and the largest central beach in thw town, which operates under a 30-year concession and includes existing hospitality and beach structures.

The facility offers 90 functional guest rooms ranging from 27 m² to 45 m², providing a total capacity of 200 beds. On-site dining and leisure amenities include a professional restaurant, an aperitif bar, a café, and expansive outdoor terraces.
Business travelers are served by a comprehensive congress center featuring seven meeting rooms with capacities ranging from 12 to 160 people. Additional operational assets include 50 parking spaces and a 250 m² commercial space on the ground floor suitable for a casino or retail use.Significant development upside distinguishes this property, as it includes 13,335 m² of construction land that constitutes the last remaining undeveloped plot in this area.
Furthermore, the project features a 1,000 m² beachfront building primed for reconstruction into luxury apartments and a prestigious restaurant.
Backed by a stable ownership structure with recent capital increases, this development stands as a premier real estate and hospitality asset in the region.

Photo is meant just for illustrative purpose. Ref: RE-AB-BO31Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.Property advantages: Swimming pool, Modern
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This property listing (ref: RE-AB-BO31) is an advertisement supplied by ADRIONIKA CONSULTANCY and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.