Realitica classifieds

Villa - hotel in Herceg Novi, in the Dubrava area with stunning sea views!

Type: Commercial Property For Sale
District: Herceg Novi
Address: Herceg Novi , Crna Gora
Price: €550.000
Bedrooms: 8
Baths: 8
Living Area: 360 m²
Land Area: 500 m²

Description: Villa (mini-hotel) for sale in Herceg Novi, in the Dubrava area with stunning sea views!
The mini-hotel, with an area of ​​360 m2, is a three-story villa with 8 apartments, consisting of bedrooms and bathrooms, with a total of 50 beds. Furnished and equipped with everything you need.The territory of 500 m2 around the villa is well thought out and used to the maximum, a recreation area with a swimming pool, jacuzzi and sun loungers, a dining area, a lot of greenery, shrubs, fruit trees are planted, which creates a very cozy and secluded atmosphere for vacationers.
An additional two-story guest house has been built on the territory, the first floor of which can be used as an office-reception, and the second - for full-fledged living.
About the business component: this is a mini-hotel, which is currently operating in the summer season, designed to accommodate groups of 25-30 people. With this scheme of work and with the current cost of the property (550,000 euros), the profitability of the business is about 12% per annum. The owner is ready to transfer the developed schemes and contacts to the new owner.The documents for the villa are in order. Owner 1/1.
Price 550,000 euros