Hotel for sale 385m2 in Budva, Montenegro

In one of the most recognizable corners of the Adriatic coast, on a hill with panoramic views of the legendary island and the turquoise sea, there is a cozy mini-hotel, ideal for both hotel business and investment purposes. The region around St. Stephen invariably attracts the attention of tourists from all over the world due to its unique landscape, historical monuments, prestigious resorts and well-developed infrastructure. The high season lasts longer here than in other places along the coast, and the elite status of the location contributes to a stable demand for rentals.

The facility includes three full-fledged floors with a total area of 385 square meters, located on a plot of 200 square meters. On the first level there is a spacious living space with three isolated rooms. The second and third floors are occupied by six studio apartments- three on each level. Each room is equipped with its own kitchen area, air conditioning, all necessary appliances and furniture, a bathroom and a terrace with a picturesque view of the sea.

The proximity to the coastline - only 500 meters - provides easy access to the beaches and the promenade. The nearest grocery store and restaurants are only 100 meters away, which makes the property attractive for both short-term and long-term stays. This is especially important for tourists who choose comfort and convenience of location.

This format of real estate is ideal for running a hotel business with the possibility of obtaining a stable rental income, especially given the popularity of the location with a wealthy audience. The cost of the facility is 700,000 euros. This mini-hotel is a successful combination of premium location, complete infrastructure and great potential for further development.