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€ 2,000,000

Luxury Hotel for sale in Hvar, Croatia

1,400 m² 12 12



Amazing location!
Irresistible offer!
Position - on the first line of the sea above the beautiful beach!
Magnificent open sea view!
Idyllic quiet green place, a real paradise for rest on the island, which has repeatedly included in the ratings of the 10 most beautiful islands in the world!
The ideal format of a high-class boutique hotel!
Non-standard architectural solutions!
A brand new hotel, ready to host the first tourists! Hotel was not yet functioning!
The area of ​​the hotel is 1400 m2, the plot is 1100 m2. Cascade land plot descends directly to the sea!
The hotel offers an indoor indoor pool, a spa area and a fitness room, a reception area, a restaurant with a kitchen, a lounge, staff rooms, pantries.
It is designed for rooms and suites of the LUX class. Infrastructure of a small exclusive 5 star hotel!
Just a funal touch remained to launch the hotel.
First floor: restaurant, reception, spa, four double rooms.
Second floor: six double rooms.
Third floor: presidential suite of 110 m2 with a terrace of 40 m2.
Fourth floor: suite apartment of 60 m2.
Total of 12 accommodation units.
Serviced apart-hotels are gaining more and more popularity worldwide. There are already famous chains of apart-hotels like under Adagio, Adina, Kempinski Lindner, Pierre&Vacances and others.
This format is especially popular with families with children who need some special meals, people who dislike hotel standard kitchen or simply prefer more spacious accommodation. Hotels with smaller rooms of 16-20 m2 are not very much competitive once compared with serviced apartments with modern kitchen with all the appliances, 1-2 separated bedrooms and living room. Most of upper segment apart-hotels add typical hotel facilities like restaurants, bars, fitness- and wellness centres. Normally the prices of apartments in such hotels are comparative with standard room price is 4-5 star traditional hotel.
When we talk about Croatia modern tendency towards larger accommodation units gets combined with the local rental tradition. Standard Croatian house was always divided into 3-4-5 apartments, so that the owner lived in one of them and used the other for seasonal renting. Those who did it successfully got their business grown and later built full-scale serviced apartments hotel-type buildings. Leisure is Croatia had always been family-oriented. People with two or three kinds were always looking for apartments with 1-2 bedrooms and here they preferred private sector to conventional hotels. Another advantage of smaller serviced apartment building is number of tourists. Apart-hotels in Croatia usually offer from 4 to 10 apartments while hotel may have 100-200 rooms. Those client who appreciate privacy, peaceful surrounding, personal attitude and family atmoshpere will stick to apart-hotel format.
Now we have high-end serviced apartments offered to the tourists in Croatia and apart-hotels for sale in Croatia as properties and businesses.
Looking at upward tendencies in Croatian business (+5 to +10% every year) many investors now are exploring apart-hotel market in Croatia and here we offer an excellent selection of offers. This is not a typical property for sale in Croatia but a property+business. A lot depends on how to run this business after purchase. Most of the buyers see it as a family-business by the sea where they will combine personal vacation and work in their own hotel. The other understand they do not have enough energy or time or professional skills for personal management and offer hotels for rent. Alternatively they look for a team or a hotel manager to hire it. When you run mini-hotel yourself, you can attain figures of 8-10% profit per year. When you involve some other personnel or management company, you will have to sacrifice approx. 35-50%.
We would always recommend personal involvement as noone but you can promote your hotel in Croatia better, noone will underline all the advantages as you see them, noone will make better photos and videos from all the angles. Your hotel in Croatia is more than a business, it is a matter of lifestyle and vision of world.
Updating the data for the hotel on the island of Hvar from 15/10/2019
Ref: RE-LB10059



External size
1,100 m²
1,400 m²
Published on
28 July 2018

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