Commercial property 1 000 m² in Budva, Montenegro

Budva, Montenegro
Archive cost €1,60M
Sold or out of date
Updated at: 10/07/2023

Location

Country: Montenegro
Region: Budva Municipality
Town: Budva

Property parameters

Rooms 8
Total area: 1 000 m²

Description

Target business with a complete set of documents of the Ministry of Tourism of Montenegro and the Community of Budva, confirming the status of the Apart-Hotel according to the international rating of **** and authorizing the servicing of tourists in Montenegro.

Absolutely new, equipped with equipment in 2017, the Apart-Hotel with 52 beds, located in the center of Budva within walking distance from the beaches (10 minutes), supermarkets and markets (2 minutes), Old Town (18 minutes), bus station (5 minutes) , Communities - City Halls (4 minutes).

Luxury Apartments occupy the entire 8th floor of the building, which provides a breathtaking view of the sea, mountains and the whole city from a height of 8 floors. The loggias have a high concrete parapet to ensure the safety of children and adults.

The total useful area of ​​the hotel (excluding the corridor) is about 1000 m2. A modern elevator allows guests with special cards to enter the 8th floor. Security is also ensured by round-the-clock video surveillance of the main entrances and exits of this building.

Total number of apartments - 8, with a maximum capacity of up to 6 - 8 guests. Each is equipped with a full-fledged kitchen made of natural wood with new modern kitchen and household appliances, Italian dishes.

Without exception, all the furniture in the living rooms, bedrooms and even the hallway of natural leather and natural wood is custom-made by a famous designer and has its own style and attractiveness for every taste. Each suite-suite room is equipped with split temperature control systems, which allows you to maintain the required and established coolness even in the hottest months of the year.

Four of the 8 Suite Apartments are single-level, equipped with one bathroom with a jacuzzi or two with a jacuzzi and massage showers, differ in the size of the kitchens and the configuration of the loggias. Number of beds: up to 6 in each apartment. Two bedrooms with royal and single beds, and a folding sofa in the living room.

Two of the 8 Suite Apartments are penthouse type, duplex, with two bathrooms on the first and second floors. On the first floor there is a living room and a kitchen, on the second floor there are two bedrooms with royal and single beds. Folding sofa is available in the living room. Number of beds: up to 6 in each apartment.

Two of the 8 Suite Apartments are duplex Penthouse type, with two bathrooms on the first and second floors. On the first floor there is a living room with two folding sofas, a kitchen and a bedroom with a king size bed. On the second floor there are two bedrooms with a king size bed and single beds. The number of beds in each of these Suite Suites is 8 guests.

Near the hotel there is a large free parking. In the underground garage of the building there are three parking spaces in the property of Apart-Hotel.

In the same complex of buildings, the construction and equipment of a swimming pool, a spa salon, a beauty salon, a massage salon and a list of saunas and baths available 24 \ 7 are being completed. Computer diagnostic equipment will be installed and following the results of testing consultations on prevention and treatment. For guests of the Apart Hotel, all services for half the cost of their stay only at the request of the guests are not included in the price.

Apart-Hotel has already concluded contracts and placed advertisements on the leading sites for sales of travel services and booking ONLINE (AirBNB, Booking.com, Trip Advicer and others). It is possible to sell as a target tourist business, and renting apartments in year-round rent. Profitability of the project 12 - 14%.

Location

Budva, Montenegro