Sale of a 5-star hotel in Budva

The hotel was built in 2019. The official opening took place on July 15, 2021. It is located just 170 meters from the beach. It is equipped with the most modern equipment from the manufacturer PANASONIK, including a VRV air conditioning and ventilation system, a CLIMAVENETA heat pump, and a solar system OVENTROP from a German manufacturer. The hotel's operating system is provided by DIVENTA. “SMART HOME SYSTEM” installed. In addition to the city water supply, there is a private source of drinking water, which means significant economic benefits. The hotel is built on a plot of 1100 square meters. The total area of the property is 2688 square meters + garage 750 square meters + roof terrace with swimming pool of 500 square meters. The garage has an area of 750 square meters and can accommodate up to 20 cars, with space for the same number of cars in outdoor parking. On the ground floor there is a restaurant with 160 seats. The kitchens are equipped with the most modern equipment from Italian and German manufacturers, including the Spanish PIRA coal oven, Dry Age digital convection oven and much more. The hotel also has its own laundry, sauna, spa, fitness center, meeting room, children's playground, pizzeria and restaurant. It consists of 21 rooms and 9 apartments, with a total of 30 units with extra beds, accommodating up to 96 people. On the roof there is a terrace with a swimming pool measuring 9x5 meters. The best sound insulation systems, three-layer glass and aluminum structures have been installed. Non-flammable carpets from Danish and Belgian manufacturers are used in the rooms. Curtains and other items comply with standards and regulations. Next year it will be possible to rent for a long time the part of the beach that legally belongs to the hotel upon request without an auction. The beach is located opposite the hotel, 150-200 meters away. The hotel is built with the possibility of future expansion by a further 5 floors following the adoption of a detailed plan, which is currently under development and is expected to be approved shortly.