This is a special property for several reasons:
1. The location - only 300m from a little harbour, 500m from the centre of Premantura and 600m from nice beaches and the beautiful Nature Park Kamenjak, just a 10 minute drive from the beautiful capitol of Istria, Pula
2. The property - completely refurbished and very nicely designed in 2014, this 260 sqm holiday house on a 790 sqm lot "has it all": 5 large stylish bedrooms, 5 modern baths, 28 sqm private pool (built 2014), 90 sqm pool terrace, 32 sqm seaview terrace, nicely landscaped garden, bricked 10 sqm BBQ house and bricked 9 sqm garden house, 18 sqm garage. In the basement is a nice, fully equipped 100 sqm "owners apartment".
3. The equipment - fully furnished with almost all new furniture etc. in 2014, 6 air con units (with heating), wood burning stove, 2 baths with washer/dryer etc., SAT-TV, 4 camera video alarm system, whole house wifi system, water decalcification system, outdoor seating on all terraces and around the pool (incl. 10 sunbeds, 5 umbrellas, 2 tables and 4 seats!), automated sprinkler system, 30 sqm covered parking + 18 sqm garage + much more!
4. The tourism business - The house has been rented to tourists for between 16 to 19 weeks each year from 2014-2017. 2018 is also almost completely booked! Guest reviews are excellent! So far 42 times a 5 star review. Revenues and profitability of the tourism operation are excellent, yielding a 5+% return on investment per year (without renting the apartment in the basement). Detailed revenue and all costs of the operation are available to a potential buyer for review.
5. The potential - 2018 was a record year in tourism in Croatia and the future looks very bright. Holiday houses so near the sea in tourism hotspots are going to become very sought after. As a result, property prices are expected to rise, making this a very lucrative investment in the short and in the long run.
The future owner of the property can simply continue to use and rent the property as is! They can either leave the basement apartment for the owner's use, or rent out the entire house with 5 bedrooms and 4 baths. Rental income could then be another 25% or so higher than up until now and the return on investment more than 6%..
Another big plus: The future owner can continue to employ the current excellent and trusted caretaker of the house and the gardens, who has also been doing the "meet & greet"of the guests, as well as 2 reliable and knowledgable cleaning ladies.
If you are looking for a fully equipped and high quality holiday house with great rental income and excellent potential, this might well be it!
The current owners have invested in everything they could think of to make this a beautiful place for themselves, their guests and other holiday makers. Actually, they have invested more time and money into this property than they are asking for it now! The asking price even includes 2 cool quads for free!
PS: The property belongs to one owner (a German couple). There are no liens against the title. All documents are clean and available for review at a pre-arranged showing. This is how a potential buyer hopes an offer would look like in Croatia!