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Mercury Group
Spacious apartment hotel in Petrovac.
- Montenegro, Budva riviera, Petrovac
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Property description
ID: ME-11-78324
- Montenegro, Budva riviera, Petrovac
Object type
Hotel
Land area
587 m2
Area
840 m2
Category
For sale
Price per m2
€ 774
Price
€ 650 000
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Spacious apartment hotel in Petrovac, just 300 meters from the sea. The facility includes: 16 apartments + 2 rooms for staff + laundry. Of these: 9 one-room apartments with a bathroom and a kitchen; 7 studios with bathroom and kitchen. All apartments are furnished and almost every apartment offers a beautiful view of the sea. The hotel has excellent rental potential.
Basic parameters:
Number of rooms:
18
Terrace
Parking
View characteristics:
Sea/ocean/bay/river view
Location on Map
- Montenegro, Budva riviera, Petrovac
Object type
Hotel
Land area
587 m2
Area
840 m2
Category
For sale
Price per m2
€ 774
Price
€ 650 000
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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