Hotel for sale in Budva, Montenegro

Montenegro, Budva Buy
from 1,100,000 EUR
Hotels 487 m² 12

Characteristics

Type Hotels
Square 487 m²
Rooms 12
Market Resale

Description

This charming mini-hotel presents an excellent investment opportunity. Spanning 487 m², the hotel comprises 12 apartments, each with its own terrace, providing guests with privacy and comfort throughout their stay.

Hotel features

- Basement: Not fully fitted out — includes a wine cellar and laundry room, with ample space for a spa. - Ground floor: Features a small reception area, a small lounge, a temporary private space, a gym, and a concept restaurant with kitchen.

- Upper floors: Apartments are arranged on a 4x3 layout, with one- and two-bedroom units. Each apartment has a bathroom and terrace; no kitchen.

Additional information

- The hotel has no parking, however the inner courtyard is designated for a café/restaurant and can be adapted for this purpose.

- The hotel is located just 750 metres from the sea, making it highly attractive to tourists seeking proximity to the beach and the city centre. This mini-hotel offers numerous opportunities for finishing and improvement, and its location and layout provide excellent potential for hospitality development.

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from 1,100,000 EUR