Commercial property in Budva, Montenegro, 3 550 sq.m

We offer for sale a room for a casino in the center of Budva.

The only and largest facility on the entire Adriatic coast with all the amenities of a city within a city, all in one place, which guarantees a large flow of tourists every day thanks to numerous services that satisfy the refined taste of even the most demanding guests.

Characteristics:
The total area of the object is 45.000m2.
Luxury shopping center 8 000m2, multi-complex with the most popular stores of world famous brands, cafes, restaurants,
Conference hall - 2000 m2 for any events and corporate clients.
Room service at the hotel 24 hours
SPA & WELLNES - the largest in Montenegro 3500 m2
300 rooms in the PORTO BUDVA 5* hotel.
Location
The complex is located in the very center of Budva with access to the pedestrian promenade.
First line near the sea and also 100 meters from the old town a UNESCO heritage site.
Near the most beautiful and fashionable restaurants on the coast with national and European cuisine.
Near the complex there is a marina for guest yachts, as well as a customs terminal.
Tivat airport is only 30 minutes away by car, Podgorica airport is an hour away by car.
Technical characteristics of the Casino premises:
We offer for accommodation a whole floor under the casino - 3400 m2 with a separate entrance from the side of the promenade, so as not to disturb the guests of the complex. This two-level room of a large area is proposed to be zoned for different games and also categories of guests.
A detailed plan of the Casino can be requested from managers.

Hotel services for Casino guests:
5* hotel with all services for clients. A mini city so that the client does not want to leave the complex, and besides, the Casino is a separate room that can be accessed from the promenade.
In order to support the operation of the Casino, there is a special offer for the guests of the Casino to stay in a 5-star hotel at already agreed and fixed prices for this purpose.
Casino guests can use the best SPA & WELLNES in Budva, as well as all other services of a 5-star hotel.
We are interested in creating a tourist product Casino and seaside holidays, therefore, special promotions and bonuses will be developed for casino guests, which will make it possible to support the Casino with the marketing strategy of the complex.
The complex will help in creating advertising, marketing and promotions. In addition, the casino will be placed in each hotel room of the complex.
Other Casinos in Montenegro:
AVALA is the only casino located in the city of Budva, at the moment it is closed because the license has expired. The hotel in which the casino was located is already obsolete; it was built in 1937 and renovated in 2011. And the cost of services at the hotel is very low, and as a result, the average check of a guest at the hotel is very low.
Merit Casino Splendit 5 * - the hotel is located in the town of Becici and was built in 2006, but is located 6 km from Budva, and the number of services around the hotel is small.
Casino Queen of Montenegro (ex. Panorama 4 *) the hotel was built in 2006, it is obsolete and the average check of the hotel client is also very low.
Maestral Resort & Casino 5 * The hotel is located in the city of Przno - it is 8 km from the city of Budva and this is the only new hotel that has all the services of a 5 * hotel, but it is located far from the city and you can only get by taxi somewhere. All this develops into a good location for the Casino in the city of Budva in the very center of entertainment and services.
Casino opening and renovation costs -
All design and decoration of ceilings, walls and toilets are included in the price of the room.
The cost of a license in Montenegro is 2,500,000 euros for 10 years.
Accompanying the opening of the company and the execution of all permits for the Casino.
Various payment options are being considered.
– 21% VAT included in the price
Cost of premises for Casino & Resort Porto Budva 5*

Suggestion 1:
The casino consists of:
– Mezzanine (second floor of the shopping center) with a total area of 3400 m2
– 50 m2 for reception and entrance on the ground floor.
Price for 3400 m2 + 50 m2 for reception and entrance on the ground floor: – 21.130.640 €
Casino Floor – Mezzanine 3400 m2

Suggestion 2:
– Casino whole floor Mezzanine 3400 m2
– 50 m2 for reception and entrance on the ground floor.
– Commercial premises Restaurant L1: 100 m2 + garden 390 m2 (garden for rent)
Total area: 3550 m2 + 390 m2 garden (garden for rent)
Price: 22.591.920 €
Casino Floor – Mezzanine 3400 m2