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Mercury Group
Excellent investment property in Kotor.
- Montenegro, Boko-Kotor Bay, Kotor
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Property description
ID: ME-11-60099
- Montenegro, Boko-Kotor Bay, Kotor
Object type
Hotel
Land area
400 m2
Area
500 m2
Category
For sale
Price per m2
€ 2 700
Price
€ 1 350 000
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Excellent investment offer! For sale mini hotel with a restaurant, near the Old Town of Kotor. One of the best places in the city, you can perfectly rent apartments all year round. The facility consists of 10 apartments, a spacious terrace behind the building and a restaurant that can be converted into a commercial space for any purpose. Each apartment is well furnished, has its own bathroom, many have a mini kitchen. The apartments are spacious and bright.
Basic parameters:
Number of rooms:
10
Terrace
Parking
View characteristics:
City view
Location on Map
- Montenegro, Boko-Kotor Bay, Kotor
Object type
Hotel
Land area
400 m2
Area
500 m2
Category
For sale
Price per m2
€ 2 700
Price
€ 1 350 000
Currency calculator
From
To
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What you should know, purchasing a property in Montenegro
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** 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.
Loan left (without loan %):
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Total property cost:
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