Apart-hotel with an area of more than 700 m2 in Bar is for sale.
Location
Property characteristics
Property parameters
-
Price per m²€1,971/m²
Building parameters
-
The year of construction2023
Investment params
-
Yield per year7%
Description
ID-1760
Apart-hotel with an area of more than 700 m2 in Bar is for sale.
Bar, Shushan, 5 minutes walk from the beach and the city promenade.
Consists of 9 apartments (4 studios + 5 one-bedroom apartments) located on 4 levels, a mini SPA with a sauna, a 50 m2 swimming pool, two large terraces for relaxation, sunbathing and BBQ, as well as technical rooms. There is indoor parking for 4 mm, only 9 mm. All apartments have their own terraces, 8 rooms with sea views.
The apart-hotel will be put into operation in 2023.
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, and is 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.
It was built in compliance with all legislative and urban planning standards, has a full package of documentation and all properly registered connections to the infrastructure.
The hotel is registered on the Booking.com website, 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. Connected to Airbnb in 2025.
The seller is ready to take over the management of the hotel and guarantee a return of 7% per annum to the buyer for 3 years after purchasing the property
Location on the map
