Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro
Luxury apart-hotel by the sea in Montenegro

Luxury apart-hotel by the sea in Montenegro

Montenegro

B70%

Hotels & Resorts

€15.000.000

25 Jun 2020

#6014

Property Details

44

340,909

Freehold

Restaurant, beauty parlol, mini-market, conference room.

For sale

Owner

X

Fees

1.00 %

0.00 %

0.00 %

1.00 %

Investment Overview

Perfect location: The hotel is located in Sutomore, on the first line of the Adriatic Sea, centrally-located on the coast and is linked with Podgorica via the Sozina underground tunnel. There is an international railway station nearby with a bus stop and a motorway and parking, next there to. All this makes the hotel a good place of recreation accessible for the local residents. Own infrastructure: Specious terrace in front of the hotel is the ideal place for a midday cup of coffee in a relaxing atmosphere accompanied by the dash of waves. Playground for children, beauty parlor and mini market make this hotel the ideal place for a family holidays. The hotel also has an underground parking and a conference hall for 50 seats. Also the are excellent prospects for the hotel area development: the beach, terraces, rentals, excursion services. A-la carte restaurant with a terrace: The luxurious a-la carte restaurant has its own terrace with panoramic glazing and automatically-shifting roofing. It can accomodiate as much as 365 persons. The Italian Chef offers Mediterranean and traditional cuisines. The best hotel in the area: The hotel’s occupancy rates are 100% in high season and 30-50% in low season, making it highly competitive. The apartments-hotel with the restaurant is one of the few complexes of this level that is working in Montenegro all year around. This is evidenced by the hotel’s high ratings on the main booking portals and positive reviews of holiday makers.

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Market data