Hotel in Budva, 536 м²

Property number: 2034

1 800 000 €

Description

A running hotel business with year-round income for sale! Booking.com rating: 9.8. All properties are fully operational!
Located near Mega Mall, Mix Market, and Technomax.
A four-story building with studio apartments is for sale.
The building area is 536 sq. m, and the land plot is 404 sq. m. The project, all necessary approvals, permits, construction and operating licenses are available. Utilities and building permit fees have been paid.
The building consists of 12 studio apartments and a non-residential space (basement) of 101 sq. m.
Each studio has a private entrance, balcony, shower or bathroom, and toilet. It is furnished and equipped with appliances.
Four studios have bathtubs and toilets (two with underfloor heating), while the others have showers and toilets. Panoramic windows with aluminum panes, and parquet and ceramic tile floors. The non-residential premises (basement) are 101.16 square meters in size and feature 3-meter-high ceilings. The first and second floors also have ceilings of approximately 3 meters, making them suitable for commercial use.
The building is insulated, earthquake-resistant, and connected to city utilities: water, sewer, electricity, television, and internet. The property is gated and includes parking. The sea is a 15-minute walk away.
The property boasts fruit trees: peaches, oranges, tangerines, persimmons, figs, butcher's broom, fortunella, and lemons, as well as flowers, wisteria, and mimosa.
Excellent location – close to Montenegrin and Russian schools, a music school, a university, a clinic, pharmacies, the police, the municipality, the bus station, supermarkets, restaurants, cafes, a church, and a monastery.