Commercial real estate for sale seaside in Budva 1m²

Operating hotel business in Budva Operating hotel business in the very center of Budva, the capital of Montenegrin tourism. The hotel has: - 21 double rooms - 6 apartments with 2 bedrooms - reception - 2 swimming pools - sauna - laundry - lobby bar - restaurant with terrace - large private courtyard - 10 parking spaces There is permission to build an additional 1450 m2. This is a very advantageous offer for Montenegro, the price per m2 of a hotel is significantly lower than the market price, while the price per m2 of residential space in the center of Budva is 3000 euros/m2. Under this offer, the investor receives an existing business with its own client base, represented in all major booking systems. On the hotel grounds there is a large indoor swimming pool with a sauna and a jacuzzi, a massage room, locker rooms, a reception with a lobby bar, a small outdoor swimming pool with sun loungers, a large green area of 100 m2 and 10 parking spaces for hotel guests. An important investment advantage is the availability of permission to build an additional 1450 m2 (3 floors), which will at least double the number of rooms. The hotel is located in the very center of Budva, 600 meters from the beach. The hotel is located close to the main highway of Budva with comfortable walking distance from shops, medical facilities, restaurants and bars. At the same time, the hotel is located on a quiet street, protected from city noise by other houses. All rooms in the hotel are fully equipped according to the standards of a 3-star hotel. The hotel offers accommodation and breakfast for its guests.