Hotel for Sale in Pag, Karlobag

On the waterfront in the very heart of the city of Pag, this exceptional property offers a unique combination of comfortable seaside living and a well-established hospitality business. The sale includes both the house and the restaurant, with a total surface of 600 m², making this a rare and valuable opportunity for investors and entrepreneurs in tourism and gastronomy on the island of Pag.

The restaurant has been successfully operating all year round for more than six years and is recognised as one of the leading dining establishments in Pag, known for its high-quality cuisine and reliable food delivery service. It is also one of the few restaurants in the city that remains open throughout most of the year, ensuring steady income and loyal clientele.

Completely renovated just three months ago, the restaurant features a modern interior design and is equipped with top-quality professional equipment, including new kitchen hoods, ventilation system, professional ovens and stoves, fryers, a convection oven, industrial refrigerators and freezers, and all the inventory necessary for efficient restaurant management. With a capacity of 80 to 90 guests and an inviting indoor and outdoor dining area, the restaurant is ideal for both everyday dining and private celebrations, operating efficiently in all seasons.

The property also includes a residential section with three existing apartments – a large apartment, a medium-sized one, and a studio – with the possibility of building two additional large apartments or flats. Private parking for six cars and extra parking spaces nearby provide convenience for guests and staff. The restaurant and residential sections are technically separated, with independent electricity, water, and drainage systems, ensuring safe and autonomous operation.

The sale includes a loyal base of approximately 700 regular customers, valuable for marketing and continued business development, as well as a Dacia Dokker delivery vehicle used for food deliveries.

The location is extremely attractive, directly by the sea, with excellent visibility and high pedestrian and vehicle traffic – perfect for year-round business and tourism investment. This property represents a rare combination of luxury coastal living, a fully equipped catering facility, and a stable, profitable business with proven results. It stands out through its prime location, modern renovation, technical infrastructure, and established clientele.

For investors seeking to combine life by the Adriatic Sea with a secure and successful hospitality venture, this is a truly exceptional opportunity in the centre of Pag.

Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.

Property advantages: Urbanized, Modern