Hotel for Sale

Grand hotel complex for sale in Pavicini, Marcana!
Distance from the sea is cca.2 km!

Total surface is 1000 sq.m. Land plot is 8000 sq.m.
Located just 4 minutes from the center of Krnica and 5 minutes from beautiful well-kept beaches, this contemporary and high-quality family hotel, spanning a total of 1000m2 of living space across 3 floors, has been discovered. Alongside its high-quality accommodation, this hotel is renowned for its signature cuisine and its spacious grounds.
Situated close to the town and beaches, this property presents an ideal opportunity for investment. Additionally, the hotel operates year-round, regularly welcoming guests both during and outside the summer season.

Space distribution:

The hotel consists of a total of 17 accommodation units, located on the first and second floors with their private entrances. Each of these units features its sleeping area, a small living space, and a bathroom, with one unit being a large spacious apartment of 120 m2.
Upon entering the hotel, you'll find yourself in a small foyer with a reception desk, leading into a bar area and a professionally equipped kitchen with a dining area.
The hotel's spacious grounds offer ample parking for all guests, as well as plenty of space for entertainment, relaxation, and enjoying a favorite glass of wine or morning coffee. Additionally, the outdoor covered terrace is perfect for entertainment and relaxation during summer evenings.
In another part of the grounds, you'll find a swimming pool, tennis courts, and a bowling alley.
Technical elements:
The kitchens are equipped with top-of-the-line professional equipment.The hotel has recorded a large number of guests over the past few years, with this number continuing to grow.There is the possibility of expanding additional facilities on the land adjacent to the hotel.The hotel is sold with all equipment and furniture as visible in the pictures.
For any questions or additional information needed, please feel free to contact us with confidence!

Some touristic overview for the start of 2024
Below is some abstract from official Croatian tourist statistics for the start of 2024. It is quite important for those investors who consider investment in Croatian tourism.
We do monitor tourism statistics regularly and can recommend you quite reliable sources for analysis.

In the first quarter of 2024, there were 1.1 million tourist arrivals in Croatia and 2.6 million tourist nights realised in commercial accommodation facilities, which was 16.7% more arrivals and 17.2% more nights compared to the same period of 2023.
Tourism is rising in Croatia steadily.
Domestic tourists of Croatian origin realised 422 thousand arrivals and 885 thousand nights in the first quarter of 2024, which was an increase of 6.9% in tourist arrivals and of 8.6% in tourist nights.
In the same period, foreign tourists from other countries realised 658 thousand arrivals and 1.7 million nights, which was 24.0% more arrivals and 22.1% more nights compared to the same period of 2023.
Tourists from Germany realised the most foreign nights (267 thousand nights, which accounted for 15.4% of the total realised foreign tourist nights). They were followed by tourists from Slovenia (15.3%), Austria (13.8%), Italy (6.9%) and Bosnia and Herzegovina (5.0%). All aforementioned countries realised an increase in tourist nights in the first quarter of 2024 compared to the same period of 2023.
The highest number of tourist nights in March 2024 was realised in the County of Istria, as much as 409 thousand nights, which was 30.9% of the total number of tourist nights realised in Croatia. Compared to March 2023, there were 77.0% more tourist nights in the County of Istria. Of the total number of nights realised in the County of Istria, domestic tourists realised 63 thousand nights and foreign tourists 346 thousand nights. The most foreign tourist nights in the County of Istria were realised by tourists from Germany (25.6%), Austria (22.9%), Slovenia (20.7%), Italy (9.4%) and the Czech Republic (3.8%).
The County of Istria was followed by the County of Primorje-Gorski kotar with 236 thousand realised tourist nights and the City of Zagreb with 167 thousand realised tourist nights.

The highest number of tourist nights in April 2024 was realised in the County of Istria again, as much as 766 thousand of them, which was 27.6% of the total number of tourist nights realised in Croatia. Domestic tourists realised 115 thousand nights in April 2024, which was 7.9% less nights than in April 2023. Foreign tourists realised 651 thousand nights in April 2024, which was 27.9% less nights than in April 2023.
The County of Dubrovnik-Neretva followed, with 432 thousand tourist nights, which accounted for 15.6% of the total realised tourist nights in Croatia, as well as the County of Split-Dalmatia, with 424 thousand nights, which accounted for 15.3% of the total realised tourist nights in Croatia. In April 2024, as compared to April 2023, in the County of Dubrovnik-Neretva there was an increase recorded in the number of nights of both domestic and foreign tourists, of 5.2% and 18.9%, respectively. In the County of Split-Dalmatia, in April 2024 compared to April 2023, foreign tourists realised an increase in the number of nights of 2.4%, whereas domestic tourists realised a decrease in the number of nights of 7.3%.

We are waiting for statistics for May 2024 but this data above already shown us some strong tendency.
 
  Ref: RE-U-30168Overall 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.