Hotel on Krk, Croatia

Magnificent waterfront hotel for complete remodelling on Krk island!
Hotel occupies the small peninsula of 5000 sq.m. being surrounded by water almost from all the sides.

The historic seaside hotel on Krk island was originally constructed in the early 20th century, with most sources citing a build date in the late 1920s and early 1930s. It was established during a period when tourism along the northern Adriatic coast was beginning to grow, and such properties served vacationers drawn to the region’s natural beauty, mild climate and seaside location. The building quickly became notable for its picturesque position on a small promontory above its own beach and proximity to the water, offering guests direct access to the sea and a charming coastal experience.

Over time, the hotel became something of a local landmark and has appeared in travel writings, postcards and reports documenting the early development of tourism on the island. In later decades, however, the property fell into disuse and disrepair, changing hands multiple times and ultimately being preserved rather than demolished due to its cultural and historical value recognised by local conservation authorities.

As of recent reports, there is an ongoing restoration project underway. Local investors have begun efforts to renovate and revitalise the historic structure and return it to active tourism use. The planned restoration aims to preserve much of the building’s original form and character while updating it for contemporary hospitality needs, including a modest number of guest rooms and hospitality spaces such as a restaurant and a terrace overlooking the sea.

Regarding the size and accommodation capacity, according to recent renovation plans the building is expected to house approximately 17 guest rooms, and there will be an attractive terrace area above the adjacent beach once fully restored.

Because this property has been unused for many years and official hotel databases do not list current operating statistics, precise figures for land area and total building volume are not published in public sources. However, the planned configuration of 17 rooms and the visible footprint of the existing structure suggest a small to medium-sized historic hotel building typical of early Adriatic coastal hospitality architecture.

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.