House 10 bedrooms 225 m² Bar, Montenegro

Code HBR1024

   Profitable proposition!!! Read to the end! Three-story house for sale in Bar. The house is located on a plot of 900m2. Built 1987-1990. The total area of ​​the house, excluding partitions, is 225 m2. Each floor is 75m2.

   First floor: separate apartment with 4 bedrooms, living room with kitchen, bathroom. Requires repair of walls, replacement of doors, replacement of plumbing with new ones.

   Second floor: two apartments with separate entrances. The first apartment has one room and a kitchen. The second apartment has two bedrooms, a living room and a kitchen. The second floor does not require renovation!!! You can repaint the walls. It is possible to combine two apartments into one three-bedroom apartment.

   Third floor: Separate apartment with a large living room, two bedrooms and one bathroom. Electricity, water supply and sewerage installations have been completed. Requires a fine finish.

   There is a separate building on the site. It contains apartments of 60m2. Two large rooms and a bathroom. Requires major renovation.

   There is a swimming pool 9x4m. But as unnecessary, it was covered with a 10cm concrete slab and is now used as a fire reservoir and for watering the garden.

   There are many citrus and fruit trees, a vineyard, and kiwi on the site.

The uniqueness of the proposal is that a plot of 900-1000 m2 with a similar location costs 130-140 thousand euros. By investing 70-100 thousand euros in the renovation of a house and land, you get a presentable mini-hotel (5-7 separate apartments) or a house for a large family with a market value of 450-500 thousand euros, at a price of 290-320 thousand euros. Count for yourself!