Hotels & campings Croatia, Split · Property ID: RE-LB10066

Hotel with 56 rooms in Split, Croatia, for sale

Accommodation units
56
Bathrooms
56

Description

General information

This beachfront hotel is a 4-star establishment located in a luxury suburb of Split, featuring 56 rooms across two wings. The main building offers deluxe rooms, while two additional buildings contain classic rooms. The hotel has a variety of room types, including:

  • Standard double rooms of 16 m²
  • Classical double rooms of 18 m²
  • Triple rooms of 20-21 m²
  • Quadruple rooms of 40 m²
  • Deluxe rooms of 30 m²
  • Lux rooms of 40 m²
  • Superlux rooms of 20 m²

Most rooms are equipped with high-standard amenities such as floor heating, air conditioning, whirlpool tubs, mini bars, telephones, LCD TVs, Internet access, and balconies with sea views.

Location

The hotel is situated on the first line to the sea, adjacent to a beautiful pebble beach and a yachting pier. It is located in Podstrana, a popular resort area just 5 km from the center of Split and the Diocletian Palace, and 27 km from Split-Kastela International Airport. The area enjoys year-round popularity, attracting visitors in both winter and summer.

Infrastructure and features

  • Equipped beachline
  • Renowned restaurant with a terrace (130-150 seats) facing the sea
  • Beach bar (approximately 60 places)
  • Roof swimming pool with sea views
  • Indoor spa with sauna and massage rooms
  • Gym/fitness area
  • Two conference halls
  • Banquet hall
  • 24/7 reception
  • Elevator
  • Spacious parking for 80 cars

The hotel underwent a complete renovation in 2010 and is maintained in perfect condition.

Investment appeal

The hotel boasts a strong occupancy rate of 75%, operating 365 days a year, with an average of 275 days of occupancy annually. It employs 8-15 staff members depending on the season. The hotel demonstrates excellent EBITDA with a potential payback period of less than 10 years.

Licence information

116/2012 HGK

Agency/brokerage agreement is signed prior to visiting all the properties. Commission depends upon particular country and region.
It is also necessary to submit presentation of your company and official Letter of Intent (LOI) for due diligence procedure.

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