Hotel Pićan

Tourist facility, Pićan, 1.025 m²
Motel with 70 beds in Pićan, Labin area! Pićan is a small, centuries‑old Istrian town rich in material and cultural heritage. Situated on a hill, it offers a stunning view of the surrounding villages, vineyards, olive groves and the Učka mountain range. Conveniently located halfway between the two larger Istrian towns—Pazin and Labin, it is an ideal place for accommodation, especially given the high demand for workers' housing in those nearby employment centers. This property precisely meets that demand. Just 6 kilometres from Pićan lies this newly renovated motel with a capacity of up to 70 guests. Property details: - Built in 1968, the motel was completely renovated in 2023. - All systems have been modernized, including water supply, sewage, central heating, air conditioning and electrical installations. - The building is equipped with energy‑efficient heat pumps, solar panels for hot water and plans to install a solar power plant on the upper terrace. Layout: - Main entrance: leads to the reception in a spacious hallway. - 6 rooms, each with 2 single beds and a TV. - Large dormitory with 12 single beds. - Toilets. - 2 additional rooms with 2 single beds each. - Living room with multiple tables, opening onto a large terrace. - Ground floor level: - 9 additional rooms, each with 2 single beds, TV and private bathroom. - Shared kitchen and dining area with access back to the reception. - Upper floor: - Accessible via internal stairs. - Large shared toilet on the left side. - 12 rooms on the right side, each with 2 single beds and TV. - Corridor leads to a spacious terrace, perfect for relaxing and enjoying the sun. - Access entrances: - Main entrance and side entrance to the ground floor. Occupancy and investment opportunity: - The motel is fully occupied and has a contract with a well‑known company, which ensures a significant monthly rental income. - This is an excellent opportunity for buyers seeking a safe and profitable investment. Ref: RE-U-36136 Total additional costs borne by the property buyer in Croatia amount to about 7 % of the total property price, and include: real estate transfer tax (3 % of the property value), agency/broker commission (3 % + VAT on the commission), lawyer’s fee (approx. 1 %), notary fee, court registration fee and costs of certified translation. The brokerage agreement is signed before viewing the property.