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Small Hotel In Croatia On Lease For Sale

Loviste, Croatia
Freehold Price:
$1,060,000 (USD) Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$23,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Property is 15m from the sea has 630m2 building area and additional 400m2 plot area, 12 units (9 apartments and 3 rooms) all units have their own bathroom, sat tv and AC, restaurant with waterfront terrace. Partly renovated in 2005, needs renovation.
Situated on Peljesac peninsula in Loviste, near Korcula (30min) and Dubrovnik airport (2hours drive).

Available for sale, long term rental or lease with a purchase option.

Conditions for lease are:
- 20.000€ per year

Property is also on sale for price of 930.000€
Lease with purchase possible with 30% advance payment of full price.

For detailed information free to contact us below.

Property information

Real Estate:

Available as lease or with real property included

Lease Terms:

For longer period possible discount.

Leasehold Rent:

$26,000 (USD) per annum

Location:

Peaceful environment, 100m from the town center.

Dubrovnik 150 km (2h), Korcula (30 min), Nakovana ancient village 5km, Ston 80 km (1h), Mljet National Park (daytrip), Medjugorje (daytrip)

Bay is protected from winds at sea suitable for sailors, also whole area is in the Natura 2000 econetwork.
The ideal climate for beach tourism six months, calm winters makes possibility for senior citizen tourism in winter times.
More than18km bicycle traks in area of Loviste.
Bioturism possible because of the preserved enviroment and Natura 2000.

Size in square feet:
6781 feet (630m2)

Business Operation

Expansion Potential:

The main building could be expanded in to a 4-star hotel with the attic construction and expansion of capacity at min. 18 rooms and 2 hotel suites. total area of 930m2 potential.

Reasons for selling:

Changing business.

Other Information

Website:
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Lease asking price:
$23,000 (USD) - Furniture / Fixtures and Inventory / Stock included

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