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Mercury Group
Herceg Novi. First line, small hotel.
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
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Property description
ID: ME-11-62457
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
Object type
Hotel
Area
130 m2
Category
For sale
Price per m2
€ 3 231
Price
€ 420 000
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Small hotel on the first line of the sea! Pedestrian embankment in the old town of Herceg Novi, excellent for rent all year round. The hotel has 3 stars, all apartments have their own kitchen, fully furnished and equipped with everything you need. There are five apartments in total: 25, 25, 22, 20 and 12 m2, designed for 10-11 people. Good condition of the object, no additional investments are required.
Basic parameters:
Number of rooms:
5
Terrace
View characteristics:
Sea/ocean/bay/river view
Location on Map
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
Object type
Hotel
Area
130 m2
Category
For sale
Price per m2
€ 3 231
Price
€ 420 000
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
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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.
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