Hotel 285 m² in Risan, Montenegro
Risan, Montenegro
€485,000
Location
Property characteristics
Property parameters
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Total area285 m²
Description
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Description
Boca Kotor Bay, the city of Risan. Three-storey non-existent hotel
Distance to the sea 400m
The hotel requires a major overhaul of the interior and the replacement of all furniture
Natural stone building
The total area of 285 sq.m.
The base area of the building is 95 sq.m.
The hotel has nine apartments, ranging from 12 to 18 sq.m.
Technical conditions allow the completion of an additional floor
The area of the plot is 900 square meters.
The building was built at the beginning of the 19th century; its stability and fortress is evidenced by the fact that a devastating earthquake, what happened in Montenegro on April 15, 1979 – did not leave any traces of the – building on this building, stands like a fortress. Usually, such buildings serve for several centuries
The thickness of its walls is about 100 cm.
The building previously worked as a hotel – its unique location gives huge advantages:
Within walking distance, the promenade and central square with restaurants, shops and city services
The street leading to the hotel – has existed since ancient times
The hotel has a huge area where, in the backyard, there are plenty of – places for pool cutting and for the park area. The hotel has a parking area and convenient check-in from the backyard
The hotel is surrounded by buildings of cultural and historical value and protected by the state – around the hotel, absolutely no construction work is possible that changes the landscape.
Hotel location area – the most popular destination among wealthy tourists from around the world
Buying this hotel – promising and successful investment
The estimated cost of bringing the hotel to its current state – in the region of 100 thousand euros. The current owner of the Object is ready to complete all the work « turnkey ».
Risan – is one of the cities of priority development of the state concept of tourism development, and now, huge budget funds are being invested here, which is a solid basis for confidence in the future of this investment.
Updated at: 04/10/2023
Location on the map
Risan, Montenegro
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