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Mercury Group
Hotel in Baosici
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
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Property description
ID: ME-237-151315
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
Object type
Hotel
Area
800 m2
Category
For sale
Price per m2
€ 5 000
Price
€ 4 000 000
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A three-star hotel located on the first line from the sea in Baosici, Herceg Novi is for sale. The total area of the hotel is 800 m2 and you have the opportunity to build 400 m2 more (the appropriate permission is in force). The hotel offers a gym, a beauty salon, a restaurant with a capacity of 200 people, it has a private beach and a restaurant on the beach.
Herceg-Novi is situated on the shore of the Kotor Bay of Adriatic sea. The city lays in the valley at the foot of the mountain Orien. Herceg-Novi has a lot of steep paths and stairs because of the hilly terrain, so it is called the "city of a thousand steps."
Basic parameters:
Number of rooms:
22
- Montenegro, Herceg Novi and surrounding area, Herceg Novi
Object type
Hotel
Area
800 m2
Category
For sale
Price per m2
€ 5 000
Price
€ 4 000 000
Currency calculator
From
To
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What you should know, purchasing a property in Montenegro
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** 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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