Guesthouse by the sea in Croatia for sale

The guesthouse is located a few kilometers from Omiš, the property is located close to the beach and has a view of the sea, the island of Brac, Hvar and the mountain massif of Biokovo which is part of the Dinaric Alps. It is a large building with space for a total of 21 small holiday apartments, a large (holiday) apartment on the entire floor and a restaurant. The property offers the following features: – Each apartment has a bathroom, balcony, air conditioning, TV and WiFi – Double and triple rooms are available – 7 rooms have a 2-star specification (mountain view) – 14 rooms have a 3-star specification (sea view) – On each floor there is a corner apartment with a terrace of approximately 20 square meters The restaurant has a terrace with outdoor seating and a jacuzzi. The area has extensive pebble beaches along a pine forest that extends to the sea. Here you can play tennis and volleyball, go diving and enjoy long walks along the coast. There are also several restaurants, a market and a souvenir shop. Small boats, jet skis and surfboards are also available for rent. The small town of Omiš is a few kilometers away and has many restaurants and shops. In addition, there are numerous opportunities to spend your free time, including:

– Rafting

– Canyoning

– Free climbing

– Zip line

– Hiking tours

– Day trips by boat of various types Frequently asked questions

1. What parts are for sale? The house is sold only as a whole. Sale of individual floors would in principle be possible (own land and mortgage register), but in this case it is not planned.

2. What happens in the off-season when there are no tenants? The entire facility will be winter-proof and monitored by security.

3. How should income be taxed? There is no general answer to this as it depends on your individual circumstances. Croatia is part of the EU, so clear guidelines apply. Only your tax advisor can provide a binding answer.

4. Who looks after the system? Who organizes, takes reservations and takes care of handing over the keys? Who cleans and tidies up? Who is responsible for maintenance? The area around Omis and Ruskamen is known for its holiday homes. Every year, many tourists come to the Adriatic Sea. There are professional agencies for every service. The property seller owns another holiday home in the immediate vicinity. I will be happy to help you find the right agencies.

CALCULATION

– REVENUE Income:

– Restaurant + business premises: €1,500 per month = €18,000

– Holiday apartment: – Solution 1: 100 days of holiday at €200 = €20,000 per year. AND.

2: Rent to restaurant tenants for 1,000 euros per month = 12,000 euros per year. AND. – 1st floor with 7 holiday apartments:

– Apartment no. 1: 100 days for the price of €80 (mountain view) = €8,000 per person. AND. – Apartment no.

2: 100 days for the price of €80 (mountain view) = €8,000 per Apartment no. 3: 100 days for the price of € 100 (mountain view + side sea view) = € 10,000

– Apartment no. 4: 100 days for the price of € 120 (sea view) = € 12,000

– Apartment no. 5: 100 days for the price of € 120 (sea view) = € 12,000

– Apartment no. 6: 100 days for the price of € 120 (sea view) = € 12,000

– Apartment no. 7: 100 days for the price of €150 (sea view + large balcony) = €15,000

– Total: €77,000

– Second floor with 7 holiday apartments: 77,000 euros

– Third floor with 7 holiday apartments: 77,000 euros Total income: from €261,000 to €269,000 per year

CALCULATIONS – COSTS

Cost

Flat-rate vacancy risk 10% = EUR 26,000 Agency, including booking.com 30% (booking, processing, organization): EUR 70,200 (total income EUR 260,000 minus vacancies EUR 26,000 = EUR 234,000, of which 30%)

Cleaning: €1,500 per month * 6 months (season) = €9,000

Caregiver service: €3,000 Off-season protection: €1,500

Electricity: €6,000

Water: €1,500

Heating: €2,500 (not much needed in the season; uninhabited in winter, therefore relatively low)

Maintenance/maintenance: €10 per square meter per year = 727.35 * 10 = approx. €7,500 per year.

Further unplanned costs: €2,800

Total cost: 130,000 euros

Profit: €139,000

 

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