Sale, house, 320m², Risan, Kotor

Mini hotel in Risan, Boka Kotorska - profitable for investments

The old stone building is located less than 100 meters from the sea on Gabela street – one of the oldest streets in Europe with rich history, under UNESCO protection. The hotel was completely renovated and opened in 2021. It has a high rating on Booking.com.
Description:
The main building of 4 floors has an area of 320 m2 (each floor is 80 m2) and consists of eight apartments – two on each level:

5 apartments – with a French bed (possibility of adding extra beds)
3 apartments with 4 beds (each consists of a living room and two bedrooms).

2 apartments on the ground floor have outdoor terraces, 4 apartments on the first and second floor have balconies. The apartments in the attic have part of the sloped roof and they are an open-space variant.
Next to the main building there is another building of 30 m2 which is connected to the main one. On the ground floor of the auxiliary building there is a stone wine room. In the other room – a summer kitchen and toilet.
Above these rooms is a spacious covered terrace with a sea view.
In the hotel courtyard there is a swimming pool with accompanying equipment. The courtyard is fenced with a stone fence and wooden gates with security protection.
The property is equipped with an alarm and video surveillance, television and internet. In front of the hotel building there is parking for 5-8 cars (the parking is not owned, an application for long-term lease has been submitted).
The hotel is sold as a ready business: real estate, equipment, furniture, client base, well-promoted booking