Mercury Group
Business for sale, operating 4-star hotel, Sutomore
- Montenegro, Bar
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Property description
- Montenegro, Bar
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Fully operational 4-star hotel on Adriatic coast with its own beach.
The hotel was constructed in 2014 in a popular tourist destination called Sutomore with all necessary legal permissions and paperwork. The area of the plot is 602 m2. The total hotel area is 1454 m2.
The hotel has its own personal sand beach right in-front of it. There are eight stories and two elevators in the building: one elevator has a panoramic view overlooking the coast and is meant for the guests, the second elevator is for the staff.
There are twenty-two rooms in the hotel, consisting of two suites, six junior suites and fourteen standard rooms. There is also a fully equipped cozy reception area. Every single window in the hotel features a breathtaking panoramic view, overlooking either a sea or mountain range.
The hotel is fully equipped and welcomes guests every year, going as far as having group of regularly returning guests.
Score on Booking.com - 8.6 points.
There is a large outdoor swimming pool on the hotel land, along with a furnished terrace for sunbathing. The hotel has an open-air restaurant capable of seating fifty-six guests and an indoor restaurant capable of seating up to hundred people. There is also a buffet area and a lobby bar.
The hotel also has its own wellness center with an indoor pool, sauna, and massage room. There is a cozy playroom for children.
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- Montenegro, Bar
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What you should know, purchasing a property in Montenegro
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.