Hotel for sale 537m2 in Budva, Montenegro

An operating apartment hotel in Budva with high profitability and guest ratingsWe offer for sale a ready-made hotel business in one of the most sought-after areas of Budva. The facility is successfully operating all year round and has a high rating on international booking platforms, which confirms its popularity among tourists and a stable flow of customers.The property is located in an area with well-developed infrastructure close to shopping malls, supermarkets, restaurants, educational institutions, medical institutions and basic urban services.The main characteristics of the objectthe total area of the building is536.59 m2, the land area is 404 m2, the four-storey capital buildingis a fully legalizedfacility, all permits for construction and operationare available, urban communicationsare closed, private parking is availableThe structure of the hotel complexThe facility includes 12 fully equipped studio-type apartments, as well as a spacious commercial space of 101.16 m2 with a separate entrance.Each apartment hasa separate entrance, a private bathroom, a balcony or terrace, an equipped kitchen, and air conditioningfurniture and household appliancesMany apartments have high-quality finishes using European materials, panoramic windows and modern engineering systems.Additional featurescommercial premises with an area of more than 100 m2 are suitable for organizing a restaurant, fitness center, office, warehouse or additional apartments. Part of the floors can be adapted to other types of commercial activities. The facility has a high potential for further development and increased profitabilityTerritory and landscapingThe property has a well-maintained garden with fruit trees and ornamental plants.

Orangestangerineslemonspeachespersimmonsfigskumquatsgrapesornamental flowering plants grow on the territoryLocationThe sea can be reached on foot in about 15 minutes.There areshopping malls, supermarketsand schools in the immediate vicinity. The price is 1800,000 euros