Investment project in Savnik

I am not selling a hotel in Šavnik, Montenegro, which is ideal for winter tourism, wind tourism, as a senior residence, as well as for tourists who are engaged in cycling, motorcycling or hiking. The hotel is located in an excellent location in the center of Montenegro, between the two winter sports centers of Kolašin and Žabljak. In addition, the construction of a new main road is planned in the future, which will run near the hotel, which will further increase the attractiveness of this location. The property is only a two-hour drive from the Adriatic coast, so in spring you can ski in the morning and swim in the sea in the afternoon on the same day. The plot covers 5,500 m², while the building has an area of 1,800 m². It was extremely carefully planned and built during the time of the former Yugoslavia. The construction quality, especially the statics, is excellent and no structural renovations are required. Only a cosmetic renovation is necessary to prepare the hotel for operation and then resell it at a higher price than the investment for the renovation would be. BUSINESS PLAN: RENOVATION AND RESALE OF A HOTEL IN NORTH MONTENEGRO 1. Introduction The hotel for sale in northern Montenegro offers a unique investment opportunity for tourism, organization of seminars and weddings, and as a potential senior residence. The strategic location near Žabljak, Durmitor, Kolašin and well-known canyons, only 1 hour 40 minutes from Podgorica and 2 hours from the Adriatic coast, makes this hotel particularly attractive. The goal of this business plan is to bring the hotel into a functional and visually appealing condition with minimal investment in order to then resell it profitably to an investor. 2. Project overview Object: Hotel with 18 apartments, restaurant, large event room, planned pool, wellness and spa area. Objective: Renovation with minimal costs, increasing attractiveness for investors and resale. Key areas: Facade and interior renovation, clearing out, landscaping, improving infrastructure. 3. Market analysis Tourism boom in Montenegro: More and more companies are organizing seminars and events in Montenegro, which is creating a growing demand for well-equipped hotels with conference rooms. Increasing interest in nature and active tourism: Biking, hiking and visits to natural attractions are becoming increasingly popular. Growing wedding market: There are few venues with capacity for large weddings. Senior residences as an alternative: More and more German seniors are looking for housing in Montenegro due to the low cost of living and the beautiful surroundings. 4. Investment plan Phase 1: Architecture and planning (cost: approx. €10,000) Creation of digital architectural plans (3D visualization). Surveying of the hotel with modern digital instruments. Phase 2: Clearing out and initial visual upgrade (cost: approx. €15,000) Removal of unnecessary furniture and objects to visually enlarge the rooms. General cleaning, including cleaning of marble floors with special machines. Phase 3: Facade and exterior (cost: approx. €40,000) Two options for the facade: 1. PVC panels with a wood look (recommended) - modern, low-maintenance solution with a high-quality appearance. 2. Plaster and facade paint - classic solution, but less attractive than wood look panels. Greening of the property with approx. 100 fir trees as a natural property boundary. Design of the outdoor areas: removal of bushes, planting of lawn. Phase 4: Interior renovation (cost: approx. €20,000) General overhaul by painting all walls white. Addition of modern wall panels for a quick visual upgrade. Refurbishment of existing surfaces instead of replacing complete floor coverings. Phase 5: Infrastructure improvement (optional) (cost: approx. €100,000) New windows and doors with wooden frames and large glass surfaces. Installation of a large glass front on the second floor for more light and modern design. Renovation and conversion of a former cinema hall into a wellness and spa area. 5. Financing plan Minimum renovation costs: approx. €85,000 Architecture & planning: €10,000 Clearance & cleaning: €15,000 Facade and exterior renovation: €40,000 Interior renovation: €20,000 Extended renovation option (incl. infrastructure): approx. €185,000 New windows & doors: €100,000 Redesign of the second floor with a large glass front: €30,000 Expansion of the wellness & spa area: €50,000 6. Profitability analysis Purchase price of the hotel: currently very low, therefore high potential for value appreciation. Estimated sales value after renovation: at least 50% higher than the current purchase price. Return expectation: Short-term investment (basic renovation only): quick resale with profit margin of 50-80%. Long-term investment (incl. infrastructure): Possibility to further develop the hotel as a fully functional 4-star resort or senior residence. 7. Competitive advantages Low investment costs: With a moderate budget, the hotel can be quickly upgraded. Excellent location: Close to national parks, the Adriatic coast and Podgorica airport. Versatile uses: tourism, events, seminars, senior residence. 8. Conclusion The renovation of this hotel offers an excellent investment opportunity with a high potential for value appreciation. Through targeted, cost-effective measures, the hotel can be made marketable within a short period of time and resold at a profit. Recommended next steps: 1. Decide on the preferred renovation strategy (basic or extended renovation). 2. Hire an architect for digital measurements and planning. 3. Obtain quotes for construction and renovation work. 4. Start renovation work to bring the hotel to the market as soon as possible. If you need any adjustments or want specific additions, let me know! INVESTMENT PROPOSAL: RENOVATION AND DEVELOPMENT OF A HOTEL IN CENTRAL MONTENEGRO 1. Introduction This investment project offers a unique opportunity to develop a hotel in a strategically ideal location in central Montenegro. The hotel is located exactly in the geographical center of the country, between the two leading winter sports centers of Žabljak and Kolašin. With Montenegro's impending accession to the EU, a significant increase in property prices is expected. Experience shows that countries joining the European Union experience rapid growth in the value of the property sector. This is especially true for Montenegro, which will particularly benefit due to its small size, high attractiveness and increasing popularity among European investors. 2. Infrastructure development and increase in value Montenegro plans to invest EUR 5 billion in transport infrastructure by 2030, including: Two new motorways Four expressways A planned connection between Žabljak and Kolašin, which will pass directly by the hotel location This development will significantly increase the value of real estate and land along the route, especially since there is no comparable hotel in the area. 3. Possible uses and profitability Tourism & event business The hotel could be fully occupied all year round: Summer: tourists for outdoor activities (biking, hiking, exploring nature) Winter: ski tourists due to the proximity to two ski areas Weekends: guests from the region for short stays Events: weddings, private celebrations and seminars In addition, a seminar program could be established to offer targeted corporate events and continuing education courses. This would optimize occupancy in the low season. Alternative use as a senior residence Another option would be to convert the hotel into a senior residence, as Montenegro currently does not have sufficient offers for foreign pensioners. This target group is constantly growing, and many European seniors are looking for an attractive and affordable housing solution in countries with a pleasant climate. Important note: A combination of senior residence and classic hotel operation would not be possible, as there are different requirements. If the hotel were to be converted into a senior residence, it would have to be completely geared towards this target group. Extension with bungalows for outdoor tourists The hotel property covers 5,500 m², which means there is enough space to build 30-40 bungalows. Target group: bikers, hikers and outdoor tourists Cost per bungalow: approx. €5,000 Repayment possible within one season, as bungalows can be rented out very well to short-term holidaymakers. This extension could represent an additional, very profitable source of income. 4. Financial analysis and investment opportunities Option 1: Minimum investment for renovation & resale Planned investment: approx. €85,000-100,000 Objective: Renovation of the facade, cleaning, basic renovation of the interior Expected resale value: At least 50-80% profit within a short period of time Option 2: Complete renovation & start of operations Planned investment: approx. €300,000-500,000 Objective: Complete modernization, equipment with high-quality furniture and technology Expected increase in sales: Annual revenue of €500,000+ possible through hotel operation Long-term return on investment: Possibility to operate a profitable 4-star resort or sell at a high profit Option 3: Senior residence model Planned investment: approx. €500,000-800,000 Objective: Complete renovation and conversion into a senior residence Expected return on investment: Very high increase in value, as Montenegro currently has no comparable facilities Long-term security: Senior facilities offer stable and predictable income Option 4: Hotel with bungalows as an additional offer Planned investment: approx. €500,000-700,000 (incl. bungalows) Expected payback: Within 3-5 years due to high demand for outdoor accommodation Long-term increase in value: Bungalows could be sold as separate units or rented out permanently 5. Conclusion & recommendation for investors This hotel project offers an excellent investment opportunity with various business models to choose from. Short-term profit: Minimal renovation & quick resale Long-term income: Complete modernization & operation as a hotel Stable, secure return: Senior residence model High ROI with additional expansion: Construction of bungalows for nature and adventure tourists Due to Montenegro's impending EU accession, the planned major investments in the infrastructure and the unique location of this hotel, a significant increase in value is guaranteed in the coming years. Recommended next steps for investors: 1. Decide on the preferred investment strategy 2. Prepare a detailed financial plan and calculate the expected return 3. Clarify the regulatory framework for hotel operation or senior residence 4. Start renovation or expansion measures Montenegro is currently one of the most promising regions for real estate investments in Europe. With the right strategy, this hotel can become a highly profitable investment with long-term growth potential. INVESTMENT OFFER: RENOVATION AND DEVELOPMENT OF A HOTEL IN CENTRAL MONTENEGRO Dear Sir or Madam, We are pleased to present you with an exclusive investment opportunity in Montenegro, one of the most emerging real estate markets in Europe. Our project includes the renovation and strategic development of a hotel in a unique location - in the geographical center of Montenegro, between the two most important winter sports resorts Žabljak and Kolašin. The region is currently undergoing major development and is considered one of the most promising locations for tourist and commercial developments. With minimal investment, the hotel can be developed into a lucrative, long-term source of income or a high-yield resale property. 1. Key features of the investment Hotel size: 18 apartments, restaurant, large event room, 5,500 m² of land Strategic location: Directly on a planned new expressway between Žabljak and Kolašin Profitable market: Tourism boom in Montenegro, increasing demand for hotels & resorts Montenegro's EU accession: Real estate prices expected to rise sharply Flexible business model: Hotel operation, senior residence or extension with bungalows 2. Infrastructure development & value creation The Montenegrin government plans to invest 5 billion euros by 2030 for: The construction of two motorways and four expressways A direct road connection between Žabljak and Kolašin, which will run directly past the hotel These infrastructure measures will add value to the region and lead to a huge increase in land and property prices. 3. Investment opportunities & profitability We offer you four investment options - depending on your desired return on investment and strategy: Option 1: Minimal investment for renovation & resale Investment: approx. €85,000-100,000 Measures: Facade renovation, cleaning, modernization of the interior Expected return: 50-80% profit within one year through resale Option 2: Complete renovation & start of operations Investment: approx. €300,000-500,000 Measures: High-quality modernization, furnishing, technical equipment Expected annual turnover: €500,000+ through hotel operation Long-term return on investment: Profitable operation or later sale with a high profit Option 3: Conversion into a senior citizens' residence Investment: approx. €500,000-800,000 Measures: Complete renovation & adaptation for senior citizens Return: High increase in value, as Montenegro currently does not offer comparable facilities for European senior citizens Stable income: Long-term, predictable rental income Option 4: Hotel with additional bungalows for outdoor tourists Investment: approx. €500,000-700,000 Measures: Construction of 30-40 bungalows (€5,000/each, amortized in one season) Expected payback: Within 3-5 years Long-term increase in value: Possibility to sell bungalows separately or rent them out long-term 4. Competitive advantages Exclusive location: Geographical center of Montenegro, ideal for tourism & events Strong increase in value: Real estate prices are rising with EU accession and infrastructure development Versatile use: Hotel, resort, senior residence or bungalow extension Low investment risk: Various business models for stable income 5. Conclusion & investment offer This investment offers you the opportunity to build a profitable business with manageable capital or to make high profits through resale. Your advantages as an investor: ✔ High increase in value through planned infrastructure projects and Montenegro's accession to the EU ✔ Possibility of individual strategy adaptation (hotel operation, senior residence, bungalows) ✔ Fast amortization of the investment for all business models Next steps: 1. Discussion about your preferred investment strategy 2. Preparation of a detailed financial plan 3. Contractual agreement & start of renovation work We cordially invite you to take a closer look at this unique project and are happy to provide you with further information or a personal viewing. Kind regards, [Your name / company]