Hotel with 9 rooms in Dubrovnik, Croatia, for sale

General information

This apart-hotel in Old Dubrovnik features 9 fully furnished and equipped apartments suitable for rental purposes. The building, which is approximately 450 m², is categorized as a boutique 4-star hotel. It has been recently renovated with high-quality finishing materials while preserving high ceilings and elegant decorative elements. Each apartment is equipped with floor heating and air conditioning, designed in vintage style to evoke the ambiance of a medieval palace.

Location

Situated in one of the most sought-after locations in Dubrovnik, the property is adjacent to Stradun Street and Gundulic Square. This prime location contributes to the hotel's popularity and high occupancy rates.

Infrastructure and features

• Floor heating
• Modern renovations with high-quality materials
• Air conditioning in each apartment
• Business area
• Roof terrace for a restaurant or bar with a fireplace
• Stunning views of the Old Town and tiled roofs

Investment appeal

The apart-hotel enjoys almost full occupancy for 7 months of the year, thanks to its central location. There is potential to purchase additional neighboring buildings, expanding the hotel to include up to 16 more apartments, which could enhance brand recognition and occupancy rates. The total area of potential additional space can reach 850 m². Furthermore, there is an option to acquire the recognizable brand under which the hotel operates, adding to the investment's attractiveness.