Turnkey Hotel Business in Budva, Montenegro

A turnkey hotel business in Budva, Montenegro

A fully operational aparthotel in Budva is for sale. It's a stable, profitable business with over 10 years of management history under a single owner.

Key Features

• 11 fully equipped apartments with kitchens, suitable for short-term and year-round rentals (sleeps 2 to 4)
• Occupancy: 80–90% year-round
• Guest Rating: 9.6
• Total Area: 460 m² + 230 m² plot + 100 m² usable rooftop with panoramic sea views
• 5 parking spaces (gated area)
• Ready-made business system

You're buying more than just real estate, but a fully configured business:

• Active Booking / Airbnb accounts
• Client base and high rating
• Website, social media, operational processes
• Fully equipped infrastructure

Infrastructure and Potential

• Usable rooftop of 100 m² with sea views (possibility of extension/lounge area)
• F&B 16-guest area (dining room + BBQ)
• Wellness: Finnish sauna + fitness area
• Reception, laundry, workshop

Financial Indicators

• NOI: €150,000/year
• High occupancy above market
• Debt-free business
• Income from day one

Advantages

• 100% operational
• Legal cleanliness (1/1 ownership, 3* license)
• Cost reduction due to on-site infrastructure
• Owner support for 3 months
• Access to the management company
• Purchase at a price close to replacement cost
• Value growth potential (EU factor)

Additional options (Optionally, purchased separately for €200,000.

• Premium Parking (5 spaces):
• Car Park (BMW X5 + 3 Mercedes CLKs)

Details and financial model available upon request.

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Price: €2,200,000.

There are interesting offers for investors, from small to large.