House for Sale, 530m2, Igalo, Herceg Novi
Igalo, Herceg Novi, Crna Gora
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Description
Mini-hotel 11 rooms on the second line of the sea – Igalo, Herceg Novi.
The property is offered for sale at a last minute price. And this is the most profitable offer for investment property in the Bay of Kotor.
The hotel has a unique location. 70 meters to the sea, beaches, Pet Danica promenade. And about 300 meters to the Simo Milosevic Institute – thanks to its proximity to which it is possible to ensure a year-round influx of tourists.
Property area – 530,000 m2. Land – 423 m2
In total, the hotel has 11 rooms:
9 rooms have an area of 30, 33, 35 m2 – and are located 3 rooms per floor
on the top, 4th floor, there are 2 rooms (area 17 and 50 m2)
The hotel has a basement (garage), which can be converted into a gym, massage room, etc.
To increase the investment attractiveness of the property, it needs high-quality cosmetic repairs.
Documents are clean – without tampering or restrictions
Basic characteristics
Content
- Reference ID: 254256
- Published: 08.06.2024
- Updated: 14.10.2024
- Real Estate Ad published by: AdriaMoment
- Neighborhood: Igalo
- Price: 650,000€
- Square footage: 530m2
Igalo, Herceg Novi, Crna Gora
Igalo is a village in Herceg Novi known for its fantastic natural beauty and its position in the bay which had made it one of the most attractive tourist resorts in Montenegro. The place is known in the world for health tourism and is famous for using mud for health purposes. Due to the large number of sunny days, the season lasts from May until October. On the beach of the same name you can find everything you need to enjoy the sun and the warm sea. Igalo is connected with Herceg Novi by the beautiful promenade "Pet Danica" which offers you, in addition to an unforgettable walk, a beautiful sunset, the opportunity to relax in many cafes with amazing cappuccinos. In the real estate offer you can find apartments, flats and town houses at affordable prices that have proven to be very profitable to rent throughout the year.