Hotel in the center of Budva

Three-star hotel in Budva, just 350 meters from the beach. The hotel is located in the city center, on a quiet street.
The area of the hotel is 1300 m2, the hotel capacity is about 95 people. Plot area 1000 m2.
There is a possibility of expanding the hotel up to 3300 m2.
There are also 12 parking spaces. The hotel has a wellness center, spa, swimming pool, jacuzzi and sauna.
On the ground floor there is a large reception, a restaurant with a kitchen where breakfast is served, and a summer terrace. The hotel has laundry facilities and support staff.
The hotel has 27 rooms, each room has a bathroom, a terrace and a central boiler.
21 apartments 2 + 1
6 apartments 4 + 2

The number of rooms requires updating; the buyer will be provided with a business plan for the hotel.