Dobrota, Montenegro

For sale is a plot of land in Dobrota, Kotor, ideal for the construction of a hotel complex. The plot has all the necessary urban conditions and building permits, which opens up wide opportunities for investors.

Building characteristics:
- gross building area: 5,468 m²;
- number of floors: up to 5 floors (P+2+Pk), which allows for the creation of spacious and comfortable rooms for guests;
- additional options: possibility of building 2 underground floors, which provides additional space for storage, parking or technical needs.

Legal aspects and design conditions
- Registration of properties: All tourist units must be registered in the real estate catastrophic register with the appropriate title deeds, which ensures the legality and protection of the investment.
- Management and Operation: Facilities must be managed by a single management company or operator to ensure high quality service and maintenance of standards.
- Categorization: In order to obtain the rights to operate and sell units, it is necessary to go through a categorization process that confirms compliance with hotel industry standards.

Business models
- Condo Model: Allows the sale and management of hotel units, but requires that the units remain part of a single complex. The percentage of units sold must not exceed 50% for hotels rated at five stars or higher.
- Mixed Model: Provides flexibility in management and sales, but also requires strict rules to maintain the integrity of the hotel product.

Conditions for sale:
- the sale of units must not change the purpose or operation of the hotel property, which is important to maintain the structure and functionality of the business;
- To obtain an operating permit, it is necessary to provide documents confirming the legality and compliance with standards.

This unique opportunity for investors combines an attractive location and a clear legal framework for creating a successful tourism business.

For more information and to arrange a viewing, please contact us. Don't miss your chance to become the owner of a plot with ready conditions for the development of hotel infrastructure in Dobrota!