New mini-hotel with panoramic sea view - 20 rooms

New mini-hotel with panoramic sea views – Seoce, Budva. Turnkey rental system in Montenegro is nearing completion. The property is ideally designed for starting a profitable guesthouse business. Its main advantage is the ability to fully customize furniture, equipment, and design elements to your own concept and brand.

Legal status and transaction conditions (Due Diligence)

Area: 1,530 m²

Price per m²: €1,290

* Utility fees (Utilities): All utility fees for site development and infrastructure connection (utilities), necessary for obtaining a building permit, have been fully paid by the seller. The property has no outstanding debts to the Municipality of Budva.

* Permit documentation: A complete set of approved project, technical, and execution documentation has been obtained. All building permits have been officially issued.

* Commissioning: The property is in the final stage of obtaining an occupancy permit (Usage permit). Final documentation and registration in the land books are expected in the coming days.

* Transaction format: Sale and final payment are made exclusively upon commissioning of the property and transfer of a clear title deed (Property list) to the buyer, without any restrictions or encumbrances.

* Total area: 1,530 m² (including usable roof).

* Room capacity: 20 hotel rooms (for 60 people).

* Interior finishing: Fine finishing completed using high-quality materials from European manufacturers.

* Utilities: Electricity and water are fully connected. All internal utility connections and central air conditioning system are installed.

Interior amenities and pool

* Restaurant area: 200 m² dining area for catering/buffet. Prepared for a professional kitchen, two guest bathrooms.

* Rooftop relaxation area (380 m²): Usable roof with panoramic sea views, space for a café-bar, and ready connections for two jacuzzis.

* Outdoor area: Outdoor pool and children's playground. The pool terrace is intentionally left unfinished for the buyer to choose the interior color or engrave their logo at the bottom.

* Note: All final construction works for completing and installing the pool terrace will be entirely at the seller's expense.

Plumbing

Plumbing elements are currently not installed, allowing the buyer to choose any model and brand to their taste. Purchase of selected elements and their subsequent installation will be entirely at the seller's expense.

* Location: Seoce (Budva), near the town and Jaz beach.

* Plot size: 1,100 m².

* View: All rooms offer unobstructed panoramic views of the Adriatic Sea.

Parking

* Enclosed garage: 12 parking spaces.

* Outdoor parking: 6 parking spaces.

Design project and turnkey furnishing

The hotel has a fully completed professional design project for all furniture. A valid contract has been signed with the design agency that developed this project and is ready for quick furnishing of the property.

* Specification includes: Wardrobes and upholstered furniture for all 20 rooms, curtains, bed linen (blankets, bedding, towels, robes, slippers), outdoor pool furniture, loungers, furniture for the rooftop lounge, and complete furniture for the restaurant hall.

* Total furnishing cost: €145,000.

* Completion time: Delivery, assembly, installation, and textile furnishing of the entire hotel will take exactly 45 days.