Mini-hotel in the center of Budva with high income and great potential

€1 100 000
ID 72382 Uploaded 07.11.2024
Key features
Hotel
15 bedrooms 487 sq.m / 2 259 €/sq.m 695 sq.m / 1 583 €/sq.m
Details
Property description
Welcome to the 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 their money in a thriving hotel business.
The hotel offers spacious rooms on different floors, each with its own unique features. On the ground floor there are utility rooms, a laundry room and a warehouse, as well as the potential for organizing a restaurant and a spa area. It is an ideal place to create additional amenities 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. This floor also has the potential to be converted into a cafe or other catering establishment, which will provide an opportunity to offer guests even more amenities and services.
On the second, third and fourth floors there are studios with private bathrooms. Each floor offers 4 studios, which provides comfortable accommodation for guests. The stylish and modern design of the premises creates an atmosphere of coziness and comfort.
The hotel has been successfully operating since 2002, always having full employment in 12 rooms. This is an excellent indicator, which indicates a high demand for accommodation in this hotel. In addition, there is a huge potential for business expansion here. The lower and ground floors can be easily converted to increase the number of rented apartments or converted into an apartment building. This opens up opportunities for additional income and business development.
The mini-hotel is located in the very center of Budva, in an area without slides, which provides convenient access to various institutions and attractions. There are other hotels, restaurants, cafes and supermarkets around the hotel, which makes it attractive for tourists and guests.
This is a great opportunity to purchase a property with excellent potential and excellent location. Do not miss the chance to become the owner of this unique mini-hotel and invest your money in a successful hotel business.
Agency: Monteonline
Similar properties
€1 100 000
210 sq.m
Two commercial premises are for sale in the center of Budva. The commercial premises are located in a fourteen-storey building with an elevator, on...
€1 100 000
487 sq.m
This charming mini-hotel offers an excellent investment opportunity. Covering an area of 487 square meters, the hotel consists of 12 apartments, each of which...
€1 100 000
718 sq.m
The object code is C-4033 We are pleased to present a fantastic opportunity to purchase a spacious commercial space of about 718 square meters,...
€1 100 000
210 sq.m
The object code is C-3417 Two commercial premises are for sale in the center of Budva. The commercial premises are located in a fourteen-storey...
Contact Seller