A hotel with a restaurant on the Paga, for sale

Price by request
ID 77303 Uploaded 18.12.2024
Key features
Hotel
24 bedrooms 750 sq.m 617 sq.m
Details
Sea/ocean/bay views
Property description

Hotel with restaurant by the sea, just 100 meters from the sea on the island (peninsula) Pag!

For sale a guest house with a sea view in the town of Pag, located on the island of Pag. The building with a total area of 750 m2 is located on a plot of land with an area of 617 m2.
On the ground floor there is a reception area, toilets, a kitchen equipped with HACCP tools, and a dining room with 30 indoor and 40 outdoor seats. The kitchen includes two cold rooms and a pantry. Also on the ground floor there is a 60-seat restaurant (20 indoor and 40 outdoor seats), which operates as a separate unit.

On the first, second and third floors, which can be accessed through separate side entrances, there are 24 air-conditioned rooms, each with a private bathroom and a balcony. There is a private parking in the courtyard. Hot water is supplied by solar panels, and the central water heater has a capacity of 2000 liters. The entire property was renovated in 2018, including new installations, floors, joinery and furniture. The guest house belongs to a legal entity and is sold as such.

This property, with its well-established tourism business, represents an excellent investment in tourism with an expected return on investment in 10-12 years. It is located in a very attractive location, just 100 meters from the beach and 1 km from the city center. There are many restaurants and shops nearby. Pag Island is the fifth largest island in the Adriatic Sea in size, but with a coastline of 302.47 km, it is the most rugged island in the Adriatic. The island is also known for its sparsely vegetated territories, often compared to the surface of the moon.

Agency: ADRIONIKA CONSULTING
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