House with sea view and five apartments in Pag

For sale house with five apartments with a total net area of 246.86 m2, located in the exceptional town of Pag.

This house is ideal for those who are looking for a combination of comfort, elegance and magnificent views of the sea and the surrounding countryside. It is located just 250 meters from the coast and offers a magnificent panoramic view of the town of Pag and the bay.

With a plot of approximately 326 m2 and a separate entrance to each apartment, this house provides maximum privacy and comfort. The infrastructure equipment is quite complete.

The apartments are fully categorized and the future owner will get a well established business, as the current owner has been in the tourism business for 11 years. In addition, the house already has a final decision on the status of the property.

There is the possibility of extending the house by an additional approx. 140 m2 net area, which would significantly increase the rental income up to 40,000 EUR per season. The house is fully furnished and ready for immediate rental.

The structure of the house is as follows:

GROUND FLOOR:

Apartment 4: 42,36 m2 (studio with bathroom and shower, terrace on the north side)

Apartment 5: 82.26 m2 (studio with possibility of conversion into a larger bedroom, bathroom with shower, terrace on the north side)

Storage space: 2 m2

1ST FLOOR:

Apartment 2: 39.15 m2 (one bedroom, living-dining room, kitchen, bathroom with shower, terraces on the north and south side)

Apartment 3: 38.64 m2 (one bedroom, living-dining room with kitchen, bathroom with shower, terrace next to the apartment)

2. FLOOR:

Apartment 1: 44.45 m2 (two bedrooms, living-dining room with kitchen, bathroom with shower, terraces on the north and south sides)

Total capacity of the house is 22 persons. Rental prices in high season range from 75 € for smaller 2+2 apartments to 100 € for 4+2 apartments. The income in 2023 reached a value of around €25,000 and with renovations and rentals during the winter months the income can be increased even more.

There is enough space behind the house to accommodate a campsite (with water, electricity and sewerage) which increases its potential for further use.

There is also the possibility of extending the house by an additional almost 40 m2, which would bring even more income up to 40,000 EUR per season without renting during the winter months.