Hotel 743 m² in Montenegro, Montenegro

Montenegro
€1,38M
;

Location

  • Country
    Montenegro

Property characteristics

Property parameters

  • Total area
    Total area
    743 m²

Description

Property code - 1.25.17.12275

We are selling a club house - apart-hotel with an area of ​​more than 700 sq. m. meters.
The house is located in Bar, Shushan, a 5-minute walk from the beach and the city promenade.
Consists of:
9 apartments (4 studios + 5 one-bedroom apartments) located on 4 levels,
mini SPA with sauna,
50 square meter swimming pool,
two large terraces for relaxation, sunbathing and BBQ,
as well as technical rooms. There is 4 mm covered parking, a total of 9 mm.
All apartments have their own terraces, 8 rooms with sea views.

The apart-hotel was put into operation in 2023.
In the apartments have a high level of finishing, modern furniture and equipment, full kitchens, heated floors, inverter air conditioners and everything necessary for life.
The house was built using modern technologies, well insulated and finished, fully suitable for year-round use.

Currently, the hotel is used both for daily rentals during the season and for long-term rentals in the off-season.
The property is registered in the Central Tourist Register (CTR) and has an officially assigned 4-star category.
Built in compliance with all legal and urban planning standards, has a full package of documentation and all properly registered connections to the infrastructure.
The hotel is registered on the website Booking.com, has a score of 9.8 according to guest ratings and is the owner of the TR award 2023 and the status of a preferred partner of Booking.com.
The sale price is € 1,380,000.
The seller is ready to guarantee a return of 7% per annum to the buyer for 3 years (total 21%) after purchasing the property.

Posted at: 24/02/2024
Updated at: 24/02/2024

Location on the map

Montenegro
Ask all your questions
Send your request to the agent
Thank you! Your request has been accepted
I want to view this property. Is the price of the property relevant? I want more information about the property. What are the purchase conditions for foreigners? I want to see more photos/videos. Is it possible to buy with a loan/mortgage? Will I get a residence permit if I buy a property?
Back Leave a request