Hotel for sale, Island Korčula, 3 200 000 €

Location: Southern Dalmatia, island of Korčula, Lumbarda

Top offer!!!

A 3-star hotel is for sale in the center of Lumbarda, just 20 meters from the sea and the first beaches.

The hotel has 45 rooms, a swimming pool, an outdoor bar, a large restaurant, and a laundry.
The total area of the property is 2,500 m2 plus an additional 2,500 m2 of land.
All necessary amenities are located in the immediate vicinity of the hotel: bars, restaurants, travel agencies, shops, post office…
The marina for boats is only 30 meters away from the hotel.

Although the hotel has a 3-star rating, all conditions are met to upgrade the classification to 4 stars.
In the past two years, approximately 2,000,000 HRK has been invested in the property: the facade has been renovated, new window closures have been installed in the rooms (balcony doors), new air conditioning units in most rooms, new roof insulation, new mattresses, new auxiliary beds, and new room doors in all rooms.

Hotel RENTAL is also an option – price negotiable.

Additional costs borne by the buyer of the property in the Republic of Croatia: real estate transfer tax (3% of the property value), agency commission (3% + VAT on the property value), attorney fees, property registration fee (1% + VAT of the property value).

To receive additional information and schedule a property viewing with our agent, you must first sign an Agency Agreement. This agreement adheres to data protection and real estate mediation laws.
Agency commission: 3% + VAT