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Hotel 700 m² in Budva, Montenegro

Budva, Montenegro
€1,40M
€2,000/m²
;
Hotel 700 m² in Budva, Montenegro
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Address Address
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Description Description
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Location

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  • Country
    Montenegro
  • Region
    Budva Municipality
  • Town
    Budva
  • Address
    Babalonija

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    €2,000/m²
  • Floor
    Floor
    4
  • Total area
    Total area
    700 m²

Interior details

Heating:

  • Central heating

Cooling:

  • Air conditioner

Interior Features:

  • Internet
  • Balcony
  • Laundry

Exterior details

Exterior features:

  • Garden

View:

  • Mountain view
  • Sea view

Description

Description: Discover an exceptional opportunity to own a thriving hotel in the heart of Budva, within walking distance from the sea.

Key Features:

Ground Floor: Utility room, laundry room, warehouse, with potential for a spa area.1st Floor: Gym (convertible into a cafe), kitchen, two bathrooms, reception.2nd, 3rd, and 4th Floors: Each floor features 4 studios with bathrooms, offering versatile accommodation options.Established since 2002, the hotel boasts fully rented out 12 rooms, with significant potential for expansion by converting lower and first floors to increase rental units.Strategically located in central Budva, free from natural hazards, surrounded by hotels, restaurants, cafes, and supermarkets.Only a 1 km walk to the sea, ensuring convenient access for guests.Ideal for both launching a new venture or revitalizing an existing business.

Don't miss out on this unique investment opportunity in Budva's vibrant hospitality market. Contact us today to schedule a viewing and secure your future in the hospitality industry.

Updated at: 21/10/2024

Location on the map

Budva, Montenegro
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Hotel 700 m² in Budva, Montenegro
Budva, Montenegro
€1,40M
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