For sale Charming sophisticated boutique city hotel on the Dalmation coast – Croatia
This small 4* luxury hotel with only 5 rooms/suites has it all. Lovely fully renovated from an ancient house, it combines a feel of history with a genuine modern ambiance offering great luxury such as: large en-suite rooms of very high quality, aircondition, rainfall showers or bath, mini bar, safe, coffee maker, satellite TV on 40 inch flat screen tv, wifi, quality linen, bathrobes, etc…
- Located in Unesco protected area
- Total build with terraces 317 m2 ( details on request)
- 3 storey historical house
- 2 large terraces
- 1 bar, 1 reception, 1 storage room
- 4 double rooms and 1 triple ( * possible 3 extra suites renting on 50 m away)
- all licences are in place
Fully operational since 2016 and has excellent reviews & occupancy.
Real Estate + Hotel Business operation for Sale.
- Option 1:
- To sell the Real Estate (Radmilovica 51) + Hotel Business Operation (Total 13 Rooms): Asking Price: 1.5 Million Euro
- Expected R.O.I. is between 10 to 12 years.
- Option 2:
- To sell Business Operation (Total 13 Rooms): Asking Price: 500,000 Euro
- Rent the Real Estate (Radmilovica 51) to the Business Operation at 40,000 Euro Per Year
- Rent Payable every Six months in advance
- 6 Months Security deposit
- + 5% Annual Increase
- Rental contract period 5 years
The option of selling the property alone without the business is not applicable.