Hotel complex with a restaurant in Buljarica

For sale hotel complex with restaurant on the Budva Riviera, Buljarica.

The complex consists of 11 luxuriously furnished apartments of different structures, as well as a restaurant, summer café with an outdoor terrace. Apartments of category 3 * and 4 *.
The total area of the hotel is 957 m2. Plus a basement of 25 m2.
Each apartment has a parking space in a covered parking lot.

The complex has 403 m2 of business space:
-restaurant 338 m2 (2 x 169 m2: 1 outdoor terrace and 1 indoor hall);
– Additional spaces (kitchen 26.4 m2 + cooking area 12.24 m2 + storage 3.4 m2);
– reception (23 m2);
– Parking (paved with stone) – 250 m2;

The residence is located about 100 m from the beach, on a hill with a fantastic view. A lit stone path leads from the hotel to Lučice beach over the hill. On the hill, there is a well-maintained open gym and a place for relaxation and entertainment. Geographically, the hotel is very conveniently located, practically equidistant from Budva and Bar – 16-18 kilometers. To Tivat airport – 40 km, Podgorica – 56 km.

The hotel complex with restaurant in Buljarica is for sale for 1,950,000 euros and has high investment potential.

* The property is registered in the system of more than 20,000 travel agencies and tour operators. It is sold with a tourist base. There is a possibility to purchase adjacent land plots.

Buljarica is one of the most promising and attractive regions of Montenegro. A general detailed development plan for the region has been adopted, which envisages the construction of a new tourist town in the bay, ready to accommodate up to 40,000 guests simultaneously. A luxury marina and other related facilities for luxury tourism. Additionally, there will be a program of tax incentives for properties 4 * and 5 *.