Type: Hotel For Sale District: Budva Okolina Location: Sveti Stefan Price: €2.300.000 Living Area: 536 m2 Air Conditioning
Description: ID-2216
We offer you an investment property with amazing potential in one of the most prestigious corners of Montenegro - Sveti Stefan.
This hotel is a great opportunity for investors, business owners or those looking for real estate with high income potential.
Main characteristics of the hotel:
✔️Four floors plus a spacious dry basement
✔️9 apartments, each with a sea view, private bathroom and kitchen - ideal conditions for rent.
✔️Spacious reception, bar area, cozy hall with tables for guests to relax.
✔️Basement with the possibility of converting into a restaurant, laundry or children's room - huge potential for adaptation.
✔️Professional kitchen, ready for use after minor improvements.
✔️Recreation area in the yard with barbecue and the possibility of installing a swimming pool.
✔️Garage space and two additional parking spaces, as well as the possibility to increase the parking by 3-4 spaces.
The hotel is located only 350 meters from the sea in the famous Sveti Stefan, one of the most recognizable places in Montenegro. This place attracts tourists from all over the world, and the high liquidity of real estate in this area guarantees excellent prospects for further development.
Hotel condition:
The hotel has undergone cosmetic repairs to the facade, and everything inside is in good condition. It requires minor cosmetic repairs, as well as updating furniture and kitchen appliances. With minimal investment, this property can be turned into an attractive and profitable business.
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