Income Producing 8 bedroom Hotel for sale with sea view in Budva, Coastal Montenegro

2,000,000 EUR      1,720,000 GBP 2,160,000 USD

Reference: 246473

  • Bedrooms: 8
  • Bathrooms: 8
  • Floor Size: 1,000 m2

Features

  • Balcony
  • Communal Pool
  • Potential for Income
  • Sea View
  • Parking
  • Walk to Beach
  • Walk to Amenities

Details

Unique opportunity to acquire a new and modern luxury Apart Hotel consisting of 8 apartments, with a pool and gardens, enjoying spectacular sea views from its location near the beach and all amenities in Budva

This stylish Apart - Hotel has 52 beds, with the apartments occupying the entire 8th floor of the building, providing a breathtaking view of the sea, mountains and the whole city. Loggias have a high concrete parapet to ensure the safety of children and adults. The total area of the hotel (excluding the corridor) is about 1,000 m2 and a modern elevator allows entrance to the 8th floor with special cards.

The total number of apartments is 8, with a maximum capacity from 6 to 8 guests in it. Each luxury apartment is equipped with a full kitchen from natural wood with new modern equipment and home appliances, Italian made crockery.

All furniture in the living rooms, bedrooms and even a hallway are made without exception of genuine leather and natural wood. All interiors were made by a famous designer and have its own style and attractiveness for every taste. Each room of the Luxe Apartments is equipped with split-type temperature control systems, which allows maintaining the required and established coolness even in the hottest months of the year.

Four of the 8 Apartments are single level. Its two bathrooms are equipped with Jacuzzi and massage shower. All apartments differ both in size of kitchens and in the configuration of the loggias. There are up to 6 beds in each apartment. Two bedrooms with king size and single beds, and a sofa bed in the living room.

Two of the 8 Luxe Apartments are penthouses, duplex, with two bathrooms on the first and second floors. There is a living room and kitchen on the first floor and there are two bedrooms with a royal and single beds on the second floor. A sofa bed is available in the living room.

For guests with babies, there are cots and chairs for feeding.

The hotel's crossover provides transfers from any airport or station in Montenegro, trips to famous places, excursions and visits to the best beaches around Budva.

There is a large free parking area near the property and 3 parking spaces in the underground garage of the building.

In the same complex of buildings is a swimming pool, SPA salon, Beauty salon, Massage parlour and a list of saunas and baths. The equipment for computer diagnostics will be installed and, following the results of testing, consultations on prevention and treatment.

Security is also provided around the clock video surveillance of the main entrances and exits of this building.

This Apart-hotel has already got contracts and posted advertising on the leading sites for sales of tourist services and booking ONLINE (Air BNB, Booking. com, Trip Adviser and others).

It is possible to sell both a targeted tourist business and renting out apartments in a year round lease.

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