Hotel of 1025 m² in Pićan, Croatia, for sale

General information

This newly renovated motel in Pićan offers accommodations for up to 70 guests. Originally built in 1968, the property has undergone a complete renovation in 2023, updating all systems including plumbing, sewage, central heating, air conditioning, and electrical installations. The building features energy-efficient heat pumps and solar panels for hot water, with plans to install a solar power station on the top terrace.

Location

Pićan is a small, centuries-old Istrian town known for its rich material and cultural heritage. Located halfway between the major Istrian towns of Pazin and Labin, it provides stunning views of surrounding villages, vineyards, olive groves, and the Učka mountain range. This strategic location makes it ideal for accommodation, particularly due to the high demand for worker housing in nearby employment hubs.

Infrastructure and Features

• Main Entrance: Leads to a reception area in a spacious hallway.
• 6 rooms, each with 2 single beds and a TV.
• A large dormitory with 12 single beds.
• Restrooms.
• 2 additional rooms with 2 single beds each.
• A dining area with multiple tables, opening to a large terrace.
• Ground Floor: 9 additional rooms, each with 2 single beds, a TV, and a private bathroom.
• Shared kitchen and dining area with access back to the reception area.
• Upper Floor: Accessed via internal stairs, featuring 12 rooms on the right, each with 2 single beds and a TV.
• A large shared restroom on the left.
• The hallway opens onto a spacious terrace, perfect for relaxing.
• Access Points: Main entrance and a side entrance to the ground floor.

Investment Appeal

• The motel is fully booked and has a contract with a well-known company, ensuring a substantial monthly rental income.
• This presents a safe and profitable investment opportunity for buyers.