Novalja – Investment Opportunity, House With 9 Apartments
12 Beds
9 Baths
6,028 Sqft
Updated: Today
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About the Property
House in Novalja on the island of Pag – 9 residential units spread across the basement, ground floor, 1st, 2nd and 3rd floors.
Situated in an excellent location in Novalja, in a beautiful and well-maintained neighborhood of family houses and holiday villas, this spacious property with 9 residential units represents an excellent investment opportunity in tourism.
The property is o
House in Novalja on the island of Pag – 9 residential units spread across the basement, ground floor, 1st, 2nd and 3rd floors.
Situated in an excellent location in Novalja, in a beautiful and well-maintained neighborhood of family houses and holiday villas, this spacious property with 9 residential units represents an excellent investment opportunity in tourism.
The property is offered for sale with an established tourist rental business, with potential for further business development and upgrading the accommodation to a higher standard. The tourist season runs from June until the end of September, and serious prospective buyers can review previous guest registration records and rental income.
The garden offers enough space for the construction of a swimming pool, which would further increase the property’s attractiveness and tourism potential.
A particular advantage is the spacious ground-floor apartment, suitable for year-round family living, which can also be converted into two separate residential units according to the future owner’s needs.
Novalja is a well-known tourist destination with well-maintained beaches, restaurants, shops and numerous amenities. The proximity to the town center, beaches and all essential facilities further enhances the property’s attractiveness for tourist rentals as well as private residential use.
New 5 cm thermal insulation was installed on the façade in 2018, and a new roof was completed in April 2024. The property has clear ownership documentation and a use permit.