Fully Equipped, Established Business with Fast Return on Investment
On the island of Pag, known for its unique landscape, authentic Mediterranean atmosphere, world-renowned Pag lace, and excellent Pag cheese, a charming boutique hotel / villa is for sale, located right on the seafront. This is a rare opportunity for investors and luxury property buyers seeking a combination of profitable business and prime location.
The hotel was built in 1984 and completely renovated in 2018, luxuriously furnished and ready to operate without additional investment. It is situated on a plot of 726–750 m², with an interior of approximately 600–603 m² spread over three floors, offering a perfect combination of comfort and exclusivity.
PROPERTY DESCRIPTION AND FEATURES
The hotel / villa offers a total of eight elegantly designed rooms and one luxury apartment, each with its own bathroom, as well as parking spaces for all units.
The interior is carefully designed to create an intimate atmosphere and allow personalized service for every guest.
Ground Floor:
Modern restaurant with a spacious terrace by the sea, operating year-round
Fully equipped gym, the only one on the island of Pag operating throughout the year
First Floor:
Luxury apartment (75 m²) with living room, kitchen, dining area, bathroom, and a balcony on three sides with panoramic views of Pag Bay, the old town of Pag, and the Velebit mountains
Two rooms: one double and one twin, both with private bathrooms
Second Floor:
Five spacious, stylishly furnished rooms, each with a private bathroom, providing maximum comfort and privacy
The property is air-conditioned, well-maintained, and energy-efficient, fully furnished, and ready for continued operation or private use as a luxury family home.
LOCATION
The hotel is located right on the seafront, only 10 meters from the beach, in a quiet and exclusive part of Pag town, with easy access to all amenities:
Town center and shops within walking distance
Beaches just steps away
The island of Pag is the fifth largest Adriatic island, yet it has the most indented coastline on the Adriatic (270 km). It is famous for its beautiful bays, pebble beaches, clear sea, cultural heritage, world-famous Pag lace, and Pag cheese.
The island is connected via:
Pag Bridge (from Zadar / Posedarje)
Prizna – Žigljen ferry, providing easy access for tourists and owners alike
PURPOSE AND INVESTMENT POTENTIAL
This property offers numerous opportunities:
Established tourist business with high occupancy throughout the year
Luxury family residence with multiple housing units
Additional revenue through season extension, wellness, private events, or exclusive packages
Investor Advantages:
Fully equipped and furnished, ready for immediate operation
Restaurant and gym as additional revenue sources
Seafront location with impressive views from balconies and terraces
Building permits, usage permits, and location approvals in order
No additional investment required, long-term sustainable and profitable
Based on current profits, the return on investment is estimated within 10 years, making this property a unique and secure investment opportunity.
This charming boutique hotel / mini-villa on Pag represents a rare combination of luxury, established business, and perfect seafront location.
For investors seeking a secure and profitable opportunity, or for families looking for a spacious luxury home by the sea, this is a true Adriatic gem that rarely appears on the market.
Additional information and documentation available upon request.
Viewing Conditions and Agency Information:
Dear clients, property viewings are possible only with a signed brokerage contract, which is the basis for further cooperation and commission payment, in accordance with the Real Estate Brokerage Act.
The agency "Java Nekretnine", as a licensed real estate broker, charges a brokerage fee at the moment of signing the pre-contract or contract:
For purchase: 3% of the agreed purchase price
For rental: 1 agreed monthly rent
Minimum agency commission: €1,000 for all amounts below €40,000
NJEMAČKI PRIJEVOD