Hotel in Dubrovnik

€ 1,870,000

Description


Kaboga castle located in the heart of Gruz port.Castle was built in 16th century.Inside space around 750m2 and outside space around 150m2. Building needs to be renovated.Around 4km from Dubrovnik Old town. This property is protected as cultural heritage.

Gruz port-200meters away
Dubrovnik main bus station-300meters away

All documents and project approved to start construction to build 5 star hotel with 12 rooms(restaurant, spa and fitness center, patio, garden, pool).

For around 200 000eur extra on price, buyer will get structure completed.

Expected investment return is between 8-10 years.

Property details

Floor
2
Close to
Sea
Type of location
City center
Number of premises
32
Ownership type
Proprietary
Payback period
10years
Last renovation
2020
Year of construction
1588

Location

Dubrovnik

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