An existing hotel in Budva is for sale.
Budva
3.500.000 €
Area
1256 m²
PROPERTY DESCRIPTION
An existing hotel in Budva is for sale. A completed business hotel consisting of 3 buildings is located in a quiet part of Budva, 5 minutes from the sea.
The hotel's area is 1,256 m2. The plot area is 799 m2. The hotel has a total of 33 rooms.
In building 1 (4 floors, 666 m2) there are 18 apartments.
In building 2 (3 floors, 307 m2) there are 9 apartments.
In building 3 (3 floors, 283 m2) there are 6 apartments.
The hotel accommodates larger groups and possesses all necessary permits. A 3-star license has been obtained. The hotel has a café where breakfast is served.
Currently, the hotel operates only during the summer season. If desired, it can be made operational year-round.
Details
- Property type
- hotel
Location
Budva
The exact location is not provided — the property is in Budva. Contact the advertiser for details.
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Questions about this property
What is the price per square metre?
At 3.500.000 € for 1256 m², this listing works out to 2.787 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.