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Hotel For Sale, Sutomore

Type: Hotel For Sale
District: Bar
Location: Sutomore
Price: €380.000
Living Area: 395 m2
Land Area: 490 m2
From Shore (m): 1600

Description: ID-1778

A mini-hotel with a rating of 9+ on Booking.com is for sale. A ready-made tourist business in Sutomore.

The guest house (mini-hotel) is located on the flat part of lower Sutomore, 1600-2000 km from the unique natural beaches of Maljevik, Štrbina and Sutomore, recognized pearls of the Adriatic Sea - you can reach them in 20 minutes on foot along a flat pedestrian road or drive in 2-3 minutes by car. Entertainment - beach holidays, snorkeling, hiking and cycling, hiking, traveling. Distance to Budva 22 km, to Podgorica airport 29 km.
The three-story hotel has a P+1+Pm layout (basement, first and second attic floors), it has 14 rooms with 2-4 beds. Number of beds – 45. Each room has a balcony or terrace, toilet with shower, air conditioning, refrigerator, free Wi-Fi, cable TV. In the basement there is a mini-office, kitchen, shared bathroom, terrace, outdoor dining area with tables under a canopy, recreation area by the pool, 40m3 pool (8x4-5m, max depth 1.60m). Sold with all property and equipment. The hotel has a parking lot for 6 cars on its own territory, as well as street parking for 7-8 cars.
The mini-hotel has a rating of 8.7-9.3 on Booking.com and many years of direct contacts with tourists from Poland, Serbia, the Czech Republic, Slovakia, Russia, Ukraine. Business profitability is 7-8% per annum. Tourist season is from May 1 to October 1. It is possible to rent it out to companies all year round.
The hotel was put into operation in 2008. Constantly maintained in good technical condition. In 2024, partial replacement of upholstered furniture was carried out. City water, sewerage, electricity. The land is urbanized, there are technical conditions (UTU), documents have been submitted for legalization.
The hotel is located on a plot of 490 m2 (including parking 115 m2), the building area is 180 m2, the total area of ​​the hotel is 395 m2.
Additionally, together with the hotel, you can buy an adjacent plot of land of 407 m2. The plot is also urbanized, there is UTU. Here you can build a house for staff, a second tourist facility with a height of 3 floors, place a warehouse or parking. Buying this additional plot of land for only 80,000 euros is an excellent opportunity to expand your business. The total cost of the mini-hotel with parking and an adjacent plot with a total area of ​​897 m2 is 460,000 euros. This plot of land is not sold separately (without the hotel).

Price 380,000 euros

Advertiser country: ME





Listing ID: 3305696
Published: 4 Jun, 2024
Last Modified: 29 May, 2025
Tags: Real Estate Sutomore | For Sale Hotels Sutomore | Real Estate Bar | For Sale Hotels Bar

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