Hotel for sale in Umag, Istria

Unique property in Umag, just 30 meters from the sea. Total surface is 240 sq.m. This is a catering facility on two floors (well-known cafe-bar) and plus five renovated rooms for renting, categorized as four stars, two of which have a jacuzzi and three have a sauna. Heating and cooling is by air conditioner with inverter. The property is sold furnished. Last adaptation done in 2022.Given that the owners already run a well-established business, this property is a great opportunity as a financial investment. Ref: RE-U-17012Overall 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.

Additional Property Information:
• Bathrooms: 6
• Size: 240 m²
• Reference: RE-U-17012