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Mercury Group
Modern apartment hotel on the beach.
- Montenegro, Bar riviera, Sutomore
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Property description
ID: ME-11-89007
- Montenegro, Bar riviera, Sutomore
Object type
Hotel
Area
48 m2
Category
For sale
Price per m2
€ 312 500
Price
€ 15 000 000
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The 4-star Apart Hotel is located in the suburbs of Bar, just 10 meters from the sea. The land and buildings are owned. The hotel has an area of 6000 sq.m (6 floors), 44 apartments, each from 48-100 sq.m. The rooms are modernly furnished and equipped with everything you need, suitable for accommodation from 2 to 5 people. The hotel has 100% occupancy in the season and 30-50% in the off-season. The facilities of the complex include an international restaurant for 265 people with a panoramic terrace, a mini market, a beauty salon, a games room, a children's playground, a spacious terrace in front of the hotel, an underground garage, a meeting room for up to 50 people. When buying a hotel, 3 months of support is included in the price.
Basic parameters:
Number of rooms:
44
Terrace
Garage
Parking
View characteristics:
Sea/ocean/bay/river view
Location on Map
- Montenegro, Bar riviera, Sutomore
Object type
Hotel
Area
48 m2
Category
For sale
Price per m2
€ 312 500
Price
€ 15 000 000
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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