Commercial property in Budva

Budva is a popular tourist area. The current hotel has 12 rooms The distance to the sea is 650m. Year of construction 2002 The hotel is in perfect working condition and does not require investments View of the city There are five floors Private parking There are 13 bathrooms Guest toilets - 2 The area is 506 sq.m. The plot area is 233 sq.m. Energy consumption class – "B" The hotel is sold fully furnished and ready to welcome guests The hotel is open all year round. Rooms are in demand both during the tourist season and in the off–season - due to the location of the hotel, which has all the urban infrastructure in its surroundings, and proximity to the sea. The flow of customers is provided by tourist portals, with which the hotel has been working continuously since 2002 The infrastructure of the hotel's location ensures its popularity with tourists from all over Europe. In addition, this location is popular with locals who appreciate the comfort of the urban environment and the peaceful privacy that is available on this quiet street, near the city center Structure: - The courtyard of the hotel is protected by wild grapes and trees, it is a shady place for a relaxing holiday in the summer heat - Ground floor: utility room, laundry room, warehouse, wine cellar. On the ground floor there is an opportunity and potential for the organization of a restaurant and a spa area - Second floor: reception, kitchen, gym, one bathroom, two toilets. The gym, if desired, can be converted into a restaurant or other needs of the hotel - The third, fourth and fifth floors each have four apartments with a private bathroom and a kitchenette For guests: - all rooms have balconies with mountain and city views - free Wi-Fi - air conditioning in all rooms - TV, refrigerator, safe, electric kettle and dining table, hair dryer - additional sets of bed linen Due to its convenient location, low overhead costs, and high rental potential, this hotel has excellent financial performance, and is a wonderful example of an opportunity for a successful business investment On the tourist portals that the hotel works with to attract tourists – this hotel has the most attractive prices In addition, a successful location provides an opportunity – if desired by the new Owner – to convert this hotel into an apartment building for sale; or – to increase the number of hotel rooms due to available space In any case, the choice made by the new Owner is a long–term profitable prospect. This is an investment in your future and in the future of your children The attractiveness of investing in real estate in Montenegro is due to the stability of passive income, rising real estate prices, increased investment in housing construction, stable valuation of assets in euro currency, obtaining a residence permit, Montenegro's imminent accession to the EU, a constant increase in the flow of tourists, low (almost no) crime, ecology. Modern Montenegro is a stable democratic state with a low inflation rate (3.4%) and one of the lowest taxes on personal and corporate income in Europe (9%). Inviolability of property rights, a zero inheritance tax rate, a low tax rate (3%) on the transfer of property rights to other persons, large tax benefits in the field of maritime tourism – these are just some of the advantages that you get here. The Adriatic Sea is the cleanest in Europe. You can get here by yacht – from anywhere in the world. To any city in Europe – by plane 1-3 hours To Italy – one night by ferry Venice is 900 km away, or 10 hours by car Montenegro has the official status of the most environmentally friendly country in Europe The air temperature in summer is +27+43 degrees, in winter +15, terraces of cafes and restaurants are open all year round You will find the cleanest beaches with a variety of services, with bars and restaurants, two international airports, architectural monuments under UNESCO protection, ski resorts and elite world–class club services for yachtsmen, as well as 290 sunny days a year, clean ecology and low cost of living, and much more… Additional information is available upon request with the registration of the Buyer(!!!) Any questions about price optimization, payment procedure, and others are decided only by the Seller, at a personal meeting (!!!)

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