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Mercury Group
Mini hotel in Budva
- Montenegro, Budva riviera, Budva
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Property description
ID: ME-237-151339
- Montenegro, Budva riviera, Budva
Object type
House
Area
600 m2
Category
For sale
Price per m2
€ 1 833
Price
€ 1 100 000
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House / mini hotel for sale, with a total area of 600 m2. On the plot there is parking for two cars. The house is located next to the main road, 400 meters from the sea and Old city in Budva. The house has a commercial space on the ground floor (area 70 m2) and three residential floors. Land area is 585 m2. It is allowed to build additional 500 m2. The house is situated in developed area and infrastructure: near shops, restaurants, cafes, shopping center, bank.
Basic parameters:
Number of rooms:
16
- Montenegro, Budva riviera, Budva
Object type
House
Area
600 m2
Category
For sale
Price per m2
€ 1 833
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.
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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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