(SOLD) Hvar, house for sale, 950.000 €, ID: 2664
- 556 m²
- 582 m²
- 5 m
- Sea view
Key features
Property description
An excellent investment opportunity, an old hotel in the first row by the sea.
The hotel needs a complete renovation. It is located on a plot of 582 m2 and the residential area is about 556 m2, with 278 m2 on each floor.
Behind the main house there is another small house, with about 28 m2 of living space.
Surrounding the property is a large garden with lots of greenery.
The property is located close to the town center and the beach.
For further questions please contact our CPS office in Hvar.
More about Hvar
Hvar Island is 2 hours by ferry from Split, and the main town on the island is also called Hvar, so be aware so you do not to become confused! It is considered the most exclusive of the Dalmatian islands for various reasons. It is noted as having the most sunshine hours of any place in the area and the main town of Hvar was once an important naval port for the Venetians. As such, it has disproportionately grand public buildings and squares giving the town a distinctly affluent feel.
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The public ferry to Hvar island stops at Stari Grad, a bus ride of 20 minutes from Hvar so it is quite common to find a majority of visitors to the town have come by yacht. It is a popular destination for Croatia's rich and famous visitors.
Other than the main town Hvar island has a thriving agriculture and tourist industry.
The Hvar real estate business is always busy and there is a premium for commercial properties in Hvar town as it does become extremely busy in high Summer. Away from the main towns Hvar island property is more modestly priced. We feel confident that Hvar town property and more isolated and secluded property on Hvar will hold its value well due to international make up of its visitors.
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