Hotel For Sale In Matulji, Opatija

Distressed property! Old price was 975 000 eur, new price is 925 000 eur!

Spacious multi-unit house with sea view – a prime investment in Opatija!

Located between Matulji and Volosko, this detached property offers a fantastic opportunity for both investors and future homeowners. Just a 10-minute walk from the Adriatic Sea and beaches, and close to all essential amenities, this house spans four levels and features several residential units – ideal for tourist rentals or conversion into a private villa with a swimming pool.
Total area of the building is 370 sq.m., land plot is 940 sq.m.

The property layout is well-planned and versatile:

• The basement features a one-bedroom apartment with an open-plan kitchen, living, and dining area, and a bathroom.

• The ground floor offers two identical one-bedroom apartments, each with a kitchen, living room, and bathroom.

• The first floor hosts a larger, comfortable apartment with three bedrooms, two bathrooms, and a spacious open-concept kitchen, dining, and living area. This unit is equipped with electric central heating and air conditioning.

• The second floor is an unfinished high attic with potential for developing either another spacious three-bedroom apartment or two smaller one-bedroom units—offering flexibility to suit future needs.

All completed apartments are furnished, air-conditioned (with one or more AC units), and ready for use. The entire house was thermally insulated six years ago, with a modern 12 cm Styrofoam façade.

The exterior of the home includes a well-maintained, fenced yard with seven designated parking spaces and space available for a swimming pool and an outdoor lounge area. Thanks to the elevated position of the property, sea views are available even from the lowest point of the plot—enhancing its appeal and value.

This property presents an excellent return on investment for tourism-focused buyers, with high rental potential in the Opatija area. Alternatively, it can be transformed into a luxurious private residence near the coast.

Real estate in this region is in high demand, with growing prices and excellent rental occupancy rates. Annual ROI ranges from 5% to 10%, attracting domestic and international investors alike.

This property offers the perfect blend of location, layout, and income potential—ideal for those seeking a profitable venture or a coastal retreat in one of the Adriatic’s most sought-after destinations.

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: Swimming pool, Detached, Urbanized, Modern