Welcome to a unique opportunity to purchase a mini-hotel in the very center of Budva, just a few minutes' walk from the beautiful sea. This is an ideal place for those who want to invest in a successful hotel business.
The hotel offers spacious accommodation units on different floors, each with its unique characteristics. On the ground floor there are auxiliary rooms, a laundry room and a storage room, as well as potential for a restaurant and a spa center. This is an ideal place for creating additional facilities and services for guests, which will increase revenue and attract more customers.
On the ground floor there is a gym, a kitchen, two bathrooms and a reception desk. This floor also has the potential to be converted into a cafe or another hospitality property, which will provide guests with the opportunity to offer even more facilities and services.
On the second, third and fourth floors there are studios with their own bathrooms. On each floor there are 4 studios, which provide guests with comfortable accommodation. The modern and stylish design of the rooms creates an atmosphere of comfort and coziness.
The hotel has been successfully operating since 2002, always having full occupancy in its 12 rooms. This is an excellent indicator, which points to a high demand for accommodation in this hotel. In addition, there is huge potential here for business expansion. The ground and first floors can easily be converted to increase the number of rental apartments or converted into a residential building. This opens up opportunities for additional income and business development.
The mini-hotel is located in the very center of Budva, in a slide-free zone, which allows easy access to various facilities and attractions. Around the hotel there are other hotels, restaurants, cafes and supermarkets, which makes it attractive for tourists and guests.
This is an excellent opportunity to purchase a property with great potential and an excellent location. Don't miss the opportunity to become the owner of this unique mini-hotel and invest your money in a successful hotel business.
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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
Budva
Centar
Area
487m²
Structure
10 Room
Property Type
Office space
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.