Hotel in Budva, Montenegro, 487 m²

A mini-hotel in the center of Budva with high income and great potential €1,300,000 • Status: For Sale • Type: Hotels/Commercial Spaces • Region: Budva • City/Town: Budva • Bedrooms: 15 • Bathrooms: 15 • Area: 487 m² • Plot Area: 695 m² • Garage/Parking: 1 AMENITIES • Walking distance to the beach DESCRIPTION Welcome to this unique opportunity to purchase a mini-hotel in the very center of Budva, just a few minutes' walk from the beautiful sea. This is the ideal location for those looking to invest in a thriving hotel business. The hotel offers spacious accommodations on different floors, each with its own unique features. The basement offers utility rooms, laundry, and storage, as well as potential for a restaurant and spa area. This is an ideal location for creating additional amenities and services for guests, increasing revenue and attracting more customers. The ground floor houses a gym, kitchen, two bathrooms, and a reception area. This floor also has the potential to be converted into a café or other food service establishment, offering guests even more amenities and services. The second, third, and fourth floors feature studios with private bathrooms. Each floor offers four studios, providing comfortable accommodation for guests. The stylish and modern design of the rooms creates a cozy and comfortable atmosphere. The hotel has been successfully operating since 2002, always maintaining full occupancy in its 12 rooms. This excellent indicator speaks to the high demand for accommodations at this hotel. Furthermore, there is enormous potential for business expansion. The ground and first floors could easily be converted to increase the number of rental apartments or be converted into a multi-family 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 area, providing convenient access to various establishments and attractions. The hotel is surrounded by other hotels, restaurants, cafes, and supermarkets, making it attractive to tourists and guests. This is a wonderful opportunity to acquire a property with excellent potential and a prime location. Don't miss the chance to become the owner of this unique mini-hotel and invest in a successful hotel business.