Apart Hotel for Rent in Novigrad, Istra, Croatia

Beachfront Apart Hotel, Food and Beverage Outlets and Retail

The Rotonda Inn is situated in the very best position in Novigrad, one of Croatian Istria’s premier holiday resorts. Just meters from the waterfront, and south facing, the Rotonda Inn is between the old town and the best beachin the area that stretches for nearly one kilometer.

The property comprises an apart hotel with 18 units, a restaurant with a large beachfront terrace, a second food outlet suitable for a bakery or takeaway pizzeria, with a beachfront and side terrace, a lounge bar with large beachfront terrace, and 5 retail units varying from 18m2 to ere are also two interior units on the first and second floors suitable for a fitness studio, beauty treatments, or a hairdresser. All units can be rented separately or together.

Novigrad is an enchanting Istrian seaside town that dates from the 5th century. It benefits from both a fishing port, and a luxury marina. The town attracts mainly Italian, Austrian and Slovene visitors in high season, but also shoulder season thanks to its proximity to the Slovene border and short driving distance to key markets. Novigrad has become a gastro destination and the town’s many fine restaurants serve specialities from the area.

Available units are as follows:

1. Food outlet suitable for a bakery or takeaway pizzeria, 46.5m2 plus beachfront terrace of 157m2. Annual rent 20,000€
2. Beachside restaurant of 145.9m2 plus 106.4m2 back of house facilities including kitchen and changing rooms, plus large terrace of 219,89m2. Annual rent 75,000€
3. Lounge bar of 49.7m2 with 109.61m2 of beachfront terrace. Annual rent 35,000€
4. Street front retail unit of 25.8m2. Annual rent of 8,000€
5. Street front retail unit of 31.4m2. Annual rent of 10,000€
6. Street front retail unit of 20.4m2. Annual rent of 5,000€
7. Street front retail unit of 18.3m2. Annual rent of 5,000€
8. Interior retail unit of 25,3m2. Annual rent of 5.000€.
9. Two interior spaces in the core of the building suitable for a fitness studio, beauty salon or hairdresser’s on the first floor (81.10m2) and second floor (118.3m2) at an annual rent of 2,500€ each.

The apart hotel with 18 apartments is available to rent for 60,000€ per annum.

The property is currently undergoing refurbishment and will be finished ready to fit out in June 2011. Tenants will be expected to fit out the units according to their own requirements and a rent-free period will be granted in compensation.

Payment of rent will be in two tranches each year, the first at the beginning of May and the second at the beginning of August. The landlord wishes to sign leases for a minimum of 10 years.

Please note we do not charge buyers commission.