Hotel 487 m² in Budva, Montenegro

Budva, Montenegro

€1,30M

€2,669/m²

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Location

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Country

Montenegro
Region

Budva Municipality
Town

Budva

Property characteristics

Property parameters

Price per m²

€2,669/m²
Total area

487 m²

Exterior details

Exterior features:

Garage

Description

Welcome to the unique opportunity to purchase a mini-hotel in the very center of Budva, just a few minutes walk from the beautiful sea. This is an ideal place for those who want to invest in a thriving hotel business. The hotel offers spacious accommodations on different floors, each with its own unique features. On the ground floor there are utility rooms, laundry and storage, as well as potential for a restaurant and spa area. This is an ideal place to create additional amenities and services for guests, which will increase revenue and attract more customers. On the ground floor there is a gym, a kitchen, two bathrooms and a reception. This floor also has the potential to be converted into a cafe or other catering establishment, which will provide the opportunity to offer guests even more amenities and services. On the second, third and fourth floors there are studios with their own bathrooms. Each floor offers 4 studios, providing comfortable accommodation for guests. Stylish and modern design of the premises creates an atmosphere of coziness and comfort.The hotel has been successfully operating since 2002, always having full occupancy in 12 rooms. This is an excellent indicator, which indicates the high demand for accommodation in this hotel. In addition, there is huge potential for business expansion here. The lower and first floors can be easily converted to increase the number of rental apartments or converted into an apartment building. This opens up opportunities for additional income and business development. The mini-hotel is located in the very center of Budva, in an area without slides, which provides convenient access to various establishments and attractions. There are other hotels, restaurants, cafes and supermarkets around the hotel, making it attractive to tourists and guests. This is a great opportunity to purchase a property with excellent potential and excellent location. Don't miss the chance to become the owner of this unique mini-hotel and invest your money in a successful hotel business.

Posted at: 10/07/2024

Updated at: 11/07/2024