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33 bedroom hotel for sale

Montenegro - Budva

€2,600,000

like this property?

Call: 03339 396546

Commercial information:

  • Business for sale
  • 15,607 sq ft (1,450 sq m)
  • Use class orders: C1 Hotels

Key features:

  • Reception
  • Pool
  • Garage
  • Heating

Full description:

This is a great value offer for Montenegro, as the price per m2 of the hotel is below market average even for dwelling in the center of Budva (EUR 2K per m2). In this case investor gets running business, represented on all major booking systems with its own client base.

Hotel has a large indoor swimming pool with sauna and jacuzzi, massage room, changing rooms. It has a reception with lobby bar, restaurant with terrace. It also has a small outdoor pool, with sun decks, a large green yard of 1000 m2 and 10 parking lots for its guests.

What is important - there is a significant capacity increase potential as the buildings has a permit for construction of further 3 stories. This means that room number could be at least doubled with rather moderate investment outlay.

The location of the hotel is in the very center of Budva, just 600 m from the beach. It is situated close to main street of Budva, within comfortable walking distance from shops, medical care institutions, restaurants and bars. In the meantime, it stays on a quiet street with low traffic and protected by other houses from the noises of this busy tourist town.

All rooms are fully equipped according to a 3 star standard with all necessary to provide bed and breakfast to tourists.

This pin shows the general area of the property as the exact location was not given

Nearest Airports*

  • Tivat (International), 10.9 miles
  • Podgorica (International), 23.5 miles

*Distances are straight line measurements. This feature is currently in beta.

To view this property or request more details, contact
VALUE.ONE, Montenegro

Mediteranska bb, TQ Plaza Business Center, 3rd Floor Budva, 85310
03339 396546  Local call rate
About VALUE.ONE, Montenegro

VALUE.ONE is a real-estate and investment consultancy in Montenegro, providing its clients with:

Access to database of thoroughly selected best properties, running businesses and investment projects,
High quality step-by-step assistance in real estate purchase process and beyond,
Personal customer care,
Offering something more than just profitable investments!

VALUE.ONE Investments into True Values

Scarce and limited resources: land, sea, wild nature, pure ecology, beautiful beaches, up to 300 sunny days per year,
Quality of life: year-round sports and leisure activities on the seaside and in the mountains, healthy food, hospitality of local population, traditional Adriatic lifestyle with no hurry,
Long-term investment into assets representing a protective class in times of stock market turbulence and economic recession

Namely:
Residential properties situated in best resorts of the Adriatic Sea,
Land plots in attractive locations both on the coast and in the mountain parts of the country including ski resorts,
Commercial property and investment projects in a country which overcomes a EU accession process and is one of the World's fastest-growing tourist destinations


Disclaimer

This is a property advertisement provided and maintained by VALUE.ONE, Montenegro (reference 15502) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

VALUE.ONE, Montenegro

Mediteranska bb, TQ Plaza Business Center, 3rd Floor Budva, 85310
or call 03339 396546
Calling from outside the UK? 00382 69 256 446

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