Shop 483 m² in Sutomore, Montenegro

Sutomore, Montenegro
€1,60M
€3,313/m²
;

Location

  • Country
    Montenegro
  • Region
    Bar Municipality
  • Village
    Sutomore

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €3,313/m²
  • Total area
    Total area
    483 m²

Building parameters

  • Number of floors
    Number of floors
    2

Description

ID 584

Commercial property for sale in Sutomore.

The utility building is registered as a commercial space in the center of Sutomore at the intersection of the busiest streets leading to the sea. 
The best place for trade. 
According to the documents, the area of ​​the premises is 483 square meters, and the actual area is 100 square meters larger, which is easy to arrange by paying utilities with a mini-project for this added part.
The building was leased to the best and largest trading company  "FRANCA" for a period of 10 years. Two years of the lease have passed, there are still 8 years left. 
The contract was drawn up so that for the period of the first 5 years, i.e. 60 months, the rent is 2,420 euros with VAT (provided that they invest 250,000 euros with VAT in the renovation of the building), and for another 5 years, i.e. another 60 months, the rent is 4,840 euros with VAT.

Cost 1,600,000 euros

Updated at: 24/12/2024

Location on the map

Sutomore, Montenegro
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