Hotel For Sale In Stari Grad, Island Hvar

Discounted! Hot sale!
Old price was 1,3 mio euro, new price is 850 000 eur!

Nestled in the historic heart of Stari Grad on Hvar Island, this beautiful traditional stone townhouse places you just steps from vibrant restaurants, authentic Dalmatian taverns, local bars, and boutique shops. Situated only a few meters from the sea, the property offers an unparalleled location for anyone looking to fully experience life in the town center. The house is presented in excellent condition, having been meticulously renovated in 2018 with premium ceramics and high-end furnishings.

The property spans a total living area of 150 square meters distributed across four floors, currently configured into four separate apartment units. The ground floor layout comprises a comfortable living area, a fully equipped kitchen, and a compact bathroom with a shower.

Moving upstairs, the first floor is currently arranged as a self-contained apartment featuring a master bedroom with an en-suite bathroom, alongside a separate living room and kitchen. However, this level can easily be converted into a large bedroom with an en-suite bathroom, as all necessary installations and plumbing are already hidden within the walls behind the kitchen setup. The exact same versatile layout and conversion potential apply to the second floor. The third floor opens up into a spectacular open-plan space complete with a large bathroom and stairs that lead directly up to the rooftop.

Every bathroom throughout the townhouse is equipped with comfortable underfloor heating, while modern air conditioning units ensure a pleasant temperature in each apartment year-round. The rooftop terrace serves as a standout feature of the property, offering enchanting, panoramic views of the Adriatic Sea and the surrounding historic rooftops, making it the perfect private retreat for relaxation.

Currently operating as a highly successful tourist rental, this versatile property offers immense flexibility for future owners. It can continue to be run as four separate rental units or easily transformed back into a spacious, grand family home. Due to its prime position within the historic old town core, the property does not have direct car access, a feature that significantly enhances its authentic Mediterranean charm and peaceful atmosphere.

Hvar Island, located just a scenic two-hour ferry ride from Split, is globally renowned as the most exclusive Dalmatian island, attracting travelers from all corners of the world. This property represents an ideal real estate investment opportunity to own a piece of paradise in one of Croatia’s most sought-after coastal destinations.

The sea and the beach are just a few meters away from the property.

The property offers the apartments for 120-220 eur per night depending on the season.
It July-September it is 220 eur per night, in June - 190 eur per night, in Mat, october- 150 eur per night, in April - 120 eur per night.

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: Roof terrace, Floor heating, Modern