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Mercury Group
Small, cozy hotel in Igalo.
- Montenegro, Herceg Novi and surrounding area, Igalo
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Property description
ID: ME-11-37931
- Montenegro, Herceg Novi and surrounding area, Igalo
Object type
Hotel
Land area
350 m2
Area
673 m2
Category
For sale
Price per m2
€ 1 144
Price
€ 770 000
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The hotel in Igalo is located 50 meters from the sandy beach, two minutes walk, in close proximity to the Simo Milosevic Institute. Number of floors: 4 Living area: 530 sq.m Total area: 673 m2 Plot area: 350 m2 The hotel has 11 apartments, fully equipped with the necessary furniture and appliances for a comfortable stay, a basement technical floor with a garage of 150 sq.m. The hotel building is equipped with a system of water heating / space heating from solar collectors, there are reserve water tanks and a diesel generator.
Basic parameters:
Number of rooms:
11
Terrace
Garage
Parking
View characteristics:
Sea/ocean/bay/river view
Location on Map
- Montenegro, Herceg Novi and surrounding area, Igalo
Object type
Hotel
Land area
350 m2
Area
673 m2
Category
For sale
Price per m2
€ 1 144
Price
€ 770 000
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.
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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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