Apartment 12 bedrooms 506 m² Budva, Montenegro

Budva, a popular tourist area. Operating hotel with 12 rooms Distance to the sea 650m. Year of construction 2002 The hotel is in perfect working order and does not require investment City view There are five floors – Own parking Bathrooms 13 Guest toilets - 2 Area 506 sq.m Plot area 233 sq.m. Energy portability class – «V» The hotel is sold fully furnished and ready to welcome guests The hotel is open all year round. Rooms are in demand both during the tourist season and in the off-season – thanks to the location of the hotel, which has all the city infrastructure and proximity to the sea. The flow of Clients is provided by tourist portals, with which the hotel has been operating continuously since 2002 The infrastructure of the hotel's area ensures its popularity among tourists from all over Europe. In addition, this location is popular with local residents who appreciate the comfort of the urban environment and the peaceful privacy that is available on this quiet street, next to the city center Structure: -The hotel's courtyard is protected by wild grapes and trees, a shady place for a relaxing stay in the summer heat - Ground floor: utility room, laundry room, warehouse, wine cellar. On the ground floor there is the opportunity and potential to organize a restaurant and spa area - Second floor: reception, kitchen, gym, one bathroom, two toilets. Gym, if desired, – can be converted into a restaurant or other hotel needs - The third, fourth and fifth floors of – each have four apartments with a private bathroom and a mini kitchen For guests: - all rooms have balconies overlooking the mountains and the city - free wi-fi - air conditioning in all rooms - TV, refrigerator, safe, electric kettle and dining table, hair dryer - extra bedding sets Thanks to its convenient location, low overhead costs, and high rental potential, this hotel has excellent financial performance and is a great example of an opportunity for a successful business investment On the tourist portals with which the hotel works to attract tourists –, this hotel has the most attractive prices In addition, a successful location provides the opportunity for –, if the new Owner wishes, – to convert this hotel into an apartment building for sale; or – increase the number of hotel rooms due to the available free space In any case, the choice made by the new Owner – is a long-term profitable prospect This is a – investment in your future and in the future of your children The attractiveness of investing in real estate in Montenegro is due to the stability of passive income, rising real estate prices, growing investment in housing construction, stability in the valuation of assets in euro currency, obtaining a residence permit, the imminent accession of Montenegro to the EU, the constant increase in the flow of tourists, the low level (almost absence) of crime, ecology. Modern Montenegro – is a stable democratic state, with low inflation (3.4%), one of the lowest personal and legal income taxes in Europe (9%). Property rights inviolability, zero inheritance tax rate, low tax rate (3%) on transfer of property rights to others, large tax breaks in the field of maritime tourism – are just some of the benefits you get here. Adriatic Sea – is the cleanest in Europe. You can get here by yacht – from anywhere in the world. Any city in Europe is – by plane for 1-3 hours To Italy – one night by ferry Venice is 900 km, or 10 hours by car Montenegro has official status as the most environmentally friendly country in Europe The air temperature in summer is +27+43 degrees, in winter +15, the terraces of cafes and restaurants are open all year round You will find the cleanest beaches with a variety of services, bars and restaurants, two international airports, UNESCO-protected architectural monuments, world-class ski resorts and elite club services for yachtsmen, as well as – 290 sunny days a year, clean ecology and low cost of living, and much more... Additional information – on request with Buyer registration(!!!) Any issues of price optimization, payment procedure, and other – are decided only by the Seller, upon a personal meeting (!!!)