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Mini-Hotel with 9+ Rating on Booking.com for Sale in Sutomore

Sutomore, Montenegro
$395,308
$1,101/m²
24/12/2024
$440,668
29/05/2024
$578,667
;
21
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ID: 2252161
Property ID on Realting
In CRM: 1778
ID of the ad on the website or in the company’s CRM
Last update: 24/12/2024

Location

Show on map
  • Country
    Montenegro
  • Region
    Bar Municipality
  • Town
    Sutomore
  • Address
    Kosovska

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $1,101/m²

Building parameters

  • The year of construction
    The year of construction
    2008
  • Number of floors
    Number of floors
    3

Investment params

  • Yield per year
    Yield per year
    7%

Description

ID-1778 - Mini-Hotel with 9+ Rating on Booking.com for Sale in Sutomore

A ready tourism business in Sutomore, located 1600-2000 m from the beaches of Maljevik, Stribina, and Sutomore. The beaches are just 20 minutes on foot or a 2-3 minute drive away. Beach activities, snorkeling, hiking, and tourism. 22 km to Budva, 29 km to Podgorica Airport.

Key Features:

  • Area: 395 m², land area 490 m² (including 115 m² parking)
  • Floors: 3 (basement, first, attic)
  • Rooms: 14 (2-4 beds), 45 beds total
  • Amenities: balcony/terrace, air conditioning, Wi-Fi, TV, fridge
  • Pool: 40 m³, relaxation area, outdoor dining area
  • Parking: 6 cars (on-site), additional street parking (7-8 cars)
  • Condition: excellent, partial furniture replacement in 2024
  • Tourist Season: May 1 to October 1, 7-8% annual return
  • Documents: URBANIZED, technical conditions (UTU), legalization documents filed

Possibility to purchase additional land (407 m²) for 80,000 EUR, ideal for business expansion (staff housing or second tourism facility).

Price: 380,000 EUR

Location on the map

Sutomore, Montenegro
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Mini-Hotel with 9+ Rating on Booking.com for Sale in Sutomore
Sutomore, Montenegro
$395,308
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