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1 500 000 €

Hotel in Sutomore, Montenegro, 980 m²
  • Hotel in Sutomore, Montenegro, 980 m² - picture 1
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  • Hotel in Sutomore, Montenegro, 980 m² - picture 1
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  • Hotel in Sutomore, Montenegro, 980 m² - picture 12
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  • Hotel in Sutomore, Montenegro, 980 m² - picture 18
  • Property ID on Prianproperty.com: 3452706
    Property ID on company's website: 5994
    Last update: 22.03.2024
    Number of views: 2832

1 500 000 €

Hotel in Sutomore, Montenegro, 980 m²

980 sq.m
Citizenship

  • Property ID on Prianproperty.com: 3452706
    Property ID on company's website: 5994
    Last update: 22.03.2024
    Number of views: 2832

Specifications

Sale price 1 500 000 €
Price per square meter 1 530.61 €
Floor area 980 m²
Construction phase Resale
Number of storeys 3
Parking 18 places
Address Montenegro, Sutomore, Sutomore - tsentr
Location at the seaside, within the city

Additional services

  • Citizenship upon purchase

Finance

Profitability
Annual income 230 000 €

Annual rental revenue, excluding operating expenses

Pay-off period 5 years

Rental income covers all the expenses in


Description

5994. Hotel in Sutomore - center.

Built in 2010, from 2011 - welcomes guests.

Consists of three buildings and ancillary premises (restaurant for residents with 60 seats, toilets and showers near the pool, reception, technical rooms, etc.). The total built-up area is 980 m2.

There are 28 rooms in two and three-storey buildings, including studios - 24, and 4 two-room apartments. Total accommodation - up to 86 people.

All rooms have furniture and appliances (TV, air conditioners, mini-kitchens with electric ovens and refrigerators, etc.), excellent Internet (optical fiber) - 2 GB.

Additionally, there is an apartment for the owner of 70 sq m above the restaurant building (two bedrooms, a kitchen-dining room, a bathroom). Wide corridors and passages.

On the 1st floor of the main building there is a free space of 97 sq m - the possibility of opening a restaurant, game room, etc.

High-quality construction - a German built for business and his own residence.

Well-groomed courtyard, swimming pool with full equipment (in a separate room), pool size 10 x 5 x 1.5 meters, jet.

Fenced guarded car parking for 18 cars, automatic with dist. remote control gate.

All city communications, including sewerage.

On a plot with parking (466 sq m), it is possible to build another building, no higher than 4 floors, with a total area of ​​up to 900 sq m.

The hotel is licensed and categorized, has 3 stars, is highly rated by hotel guests on Booking and Airbnb.

Good location, flat, without slopes road to the sea - along the sidewalks, does not exceed:

- to the city beach - 1.1 km

- to 3 beaches in a pine forest (Štrbina and Malevik) - 1.2 and 1.3 km.

The cost is 1 million 500 thousand euros. Bargaining.


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Representative

Galina
Co-founder, CEO
Languages: english, bulgarian, serbian
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Seller
Galina Co-founder, CEO

Real Estate & Building Company «ADRIATIC SEA EXPERT»

Languages: english, bulgarian, serbian
Contact seller
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