2 Ulica Fra Donata Fabijanica - Hospitality FOR SALE


Zadar, ZAD 23000
$1,500,000 USD
2 Ulica Fra Donata Fabijanica, Zadar, ZAD for Sale
$1,500,000 USD
Hospitality - FOR SALE
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2 Ulica Fra Donata Fabijanica
Zadar, ZAD 23000


OVERVIEW

For sale is the oldest building in the heart of the Peninsula, over 700 years old, with historical records preserved in the cultural monuments archives of the city of Zadar. The property has undergone renovations on multiple occasions, typically after the summer tourist season, with the most recent updates completed this year. The total area of the property is 182 square meters, consisting of a ground floor and three additional floors. Since 2009, the building has been operating as a family hotel, featuring six fully furnished, equipped, and air-conditioned apartments. There is potential to add two more apartments, as the current spaces used for reception and storage could be converted. The hotel operates year-round with excellent occupancy rates and is ranked among the Top 5 accommodations in Zadar on Booking.com. The property is ideally located just a 1-minute walk from the sea, near the Church of St. Donat, and 100 meters from the unique attractions of the Sea Organ and Greeting to the Sun. On the east side of the building, there are views of the Church of St. Donat, the cathedral, and the remains of the Roman Forum and Roman temple, which date back 2,000 years. On the west side, the property overlooks romantic old streets, the Church of St. Francis, and the Franciscan monastery. The location is highly accessible, with Zadar's main bus and train stations just 2 kilometers away, the ferry port a 5-minute walk, and the airport only 10 kilometers from Apartments Donat. The current owners are offering the entire well-established business to buyers, making this property an exceptional investment opportunity.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$733 USD /SF

# OF ROOMS

6

PRICE/ROOM

$250,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family hotel in the old town - ZADAR

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1800

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mladen ŠkorjanecNovumaxMore Info

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Mladen ŠkorjanecNovumaxMore Info

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