Property search
Mercury Group
Mini-hotel in Budva
- Montenegro, Budva riviera, Budva
Not all offers from our rich portfolio are uploaded to the web-site.
If you have not found properties according to your request - send us a request - we will pick up and show you the options from the off market database as well.
Property description
ID: ME-237-157745
- Montenegro, Budva riviera, Budva
Object type
Hotel
Category
For sale
Price
€ 1 100 000
Currency calculator
From
To
This charming family-owned mini-hotel offers an excellent investment opportunity. Covering an area of 487 square meters, the hotel consists of 12 apartments, each with its own terrace, providing guests with privacy and comfort during their stay.
Hotel Features:
- Basement: Not fully equipped - has a vinery and laundry room, and enough room for spa.
- Ground Floor: Includes a small reception area, a small restroom, a temporary personal space, a gym, and a concept restaurant with a kitchen.
- Other floors: The apartments are arranged as 4x3, with one and two bedroom units. Each apartment has a bathroom and a terrace, no kitchen.
Additional Information:
- The hotel has no parking, but the courtyard is designed for a café/restaurant and can be adapted for this purpose.
- It is located only 750 meters from the sea, which makes it attractive for tourists who want to be close to the beach and city center.
This mini-hotel offers numerous opportunities for customization and improvement, and its location and layout provide excellent potential for hospitality development.
Basic parameters:
Number of rooms:
12
- Montenegro, Budva riviera, Budva
Object type
Hotel
Category
For sale
Price
€ 1 100 000
Currency calculator
From
To
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.
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
€ 0
* 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 %):
0 €
Total property cost:
0 €
