Realitica classifieds

Hotel for Sale in Igalo, Herceg Novi

Type: Commercial Property For Sale
District: Herceg Novi
Location: Igalo
Address: Igalo, Herceg Novi, Crna Gora
Price: €9.000.000
Bedrooms: 10
Living Area: 1.450 m²

Description: IDD 3719
A centrally located hotel property near the beach and promenade, suitable both for leisure stays and for organizing conferences, seminars, and business events.

The hotel offers 130 accommodation units, including double rooms, triple rooms, four-bed rooms, and apartments, with a total capacity of 357 beds. Accommodation is divided into two categories:

Superior rooms and apartments
Standard rooms and apartments

The property is situated approximately 100 meters from the beach.

The hotel consists of a basement, ground floor, and twelve upper floors. The total registered hotel area is 5,242 m², while the gross construction area including terraces is 6,928 m². The land plot area is 1,295 m², with a total urban plot area of 1,689 m².

Urban-technical conditions have been obtained for the reconstruction and upgrade of the property into a 4-star hotel. The full reconstruction option includes renovation and upgrading of the upper floors, as well as reducing the number of accommodation units per floor in order to meet 4-star categorization standards....