Land in Dobrota

A land plot is for sale in Dobrota, Kotor, with an area of 10,293 m², ideally suited for the creation of a hotel complex. The plot has all the necessary urban conditions and building permits, which opens up wide opportunities for investors. Building characteristics: - Gross building area: 5,468 m²; - Number of floors: up to 5 floors (P+2+Pk), allowing for spacious and comfortable rooms for guests; - Additional opportunities: the possibility of constructing 2 underground floors, providing extra space for storage, parking, or technical needs. Legal aspects and design conditions: - Registration of units: All tourist units must be registered in the real estate cadastre with the corresponding property rights, ensuring legality and protection of investments. - Management and operation: The units must be managed by a single management company or operator, guaranteeing high-quality service and maintenance of standards. - Categorization: To obtain rights for operation and sale of units, a categorization process must be completed, confirming compliance with hotel business standards. Business models: - Condo model: Allows for the sale and management of hotel units but requires that the properties remain part of a single complex. The percentage of sold units must not exceed 50% for hotels rated no lower than five stars. - Mixed model: Provides flexibility in management and sales but also requires adherence to strict rules to maintain the integrity of the hotel product. Conditions for sale: - The sale of units must not change the designation or operation of the hotel property, which is important for maintaining the structure and functionality of the business; - To obtain an operating permit, documents confirming legality and compliance with standards must be provided. This unique opportunity for investors combines an attractive location and clear legal frameworks for creating a successful tourism business. For more information and to arrange a viewing, please contact us. Don’t miss the chance to own a plot with ready conditions for developing hotel infrastructure in Dobrota!