For sale is a land plot in Dobrota, Kotor, ideal for the construction of a hotel complex. The location has all the necessary urbanistic conditions and building permits, which opens up wide opportunities for investors.
Construction characteristics: — gross building area: 5.468 m²; — number of floors: up to 5 floors (P+2+Pk), which allows for the creation of spacious and comfortable guest rooms; — additional options: possibility of constructing 2 underground levels, which provides additional space for storage, parking, or technical needs.
Legal aspects and design conditions — Property registration: All tourist units must be registered in the Catastrophic Register of Real Estate with corresponding title deeds, ensuring legality and investment protection. — Management and operation: The properties must be managed by a single management company or operator to ensure high-quality service and standard maintenance. — Categorization: To obtain the rights to manage and sell units, it is necessary to go through a categorization process that confirms compliance with hospitality standards.
Business models — Condo model: Allows for the sale and management of hotel units, but requires that the units remain part of a single complex. The percentage of units sold must not exceed 50% for hotels of a category no lower than five stars. — Mixed model: Provides flexibility in management and sales, but also requires strict rules for maintaining the integrity of the hotel product.
Conditions for sale: — the sale of units must not change the purpose or operation of the hotel property, which is important for maintaining the structure and functionality of the business; — To obtain an occupancy permit, it is necessary to submit documents that confirm legality and compliance with standards.
This unique opportunity for investors combines an attractive location and a clear legal framework for creating a successful tourism business.
For additional information and to arrange a viewing, contact us. Do not miss the opportunity to become the owner of a land plot with ready conditions for the development of hotel infrastructure in Dobrota!
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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
Regulatory information
Agency (intermediary)
Monteonline
Registration number
-
Location
Kotor
Dobrota
Area
3060m²
Structure
N/A
Property Type
Land lot
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.