Commercial apartment building in Budva, Montenegro, 2 503 sq.m

Porto Budva Complex is a luxury multi-complex located in the heart of the Queen of the Mediterranean – Budva. Within the complex there is a spacious, luxurious shopping center, the largest Spa & Wellness center in Montenegro of 3,500 m2 and a residential area with 300 luxury apartments and a luxury hotel PORTO BUDVA with 5 stars. Porto Budva is a unique multi-complex located on the first line in the center of Budva, with access to the Promenade. About 100,000 new tourists circulate Budva every day during the season. Budva is also known as the new Monte Carlo! Porto Budva is the only facility on the entire Adriatic coast with all the facilities on the principle of a city within a city, all in one place, which guarantees a large flow of tourists every day, due to numerous services that satisfy the refined taste of even the most demanding guests. There is the best shopping center which is also the hotel lobby. It is the largest shopping center with 8000m2 area, and the most popular stores of world famous brands, cafes, shops… The Porto Budva Complex is located in center of Budva, near the most famous hotels in Budva. Close to Hotel Budva, Hotel Fontana, Hotel Avala and the Old Town. The most famous restaurant of international and Mediterranean cuisine “Jadran” is located just across from the business space intended for the Casino. Moreover, there are four different restaurants in Porto Budva, including 24-hour room service, etc.

Complex has 45.000m2 and is the the biggest object in the biggest shopping center in town 8000m2,the biggest spa center 3500 m2,and 300 five stars hotel units.

Casino space has entrance from main pedestrian Promenade. Business premises – The casino is located in the Hotel Porto Budva 5 * and has all the possibilities to work independently 24/7 from the rest of the complex. It has its own entrances from the Promenade. To support , for the guests of the Casino we give a special offer for accommodation in the Hotel Porto Budva, at already agreed and fixed prices for this purpose. Also, your guests can use the best spa and wellness in Budva, as well as all other services of a 5-star hotel. The complex also has a congress hall of 2,000 m2 for all types of meetings, business presentations and a complete service that business people need. We can help you create advertising, marketing and promotions. The casino will be promoted in every hotel room in the complex. All these services allow you to make tournaments in a casino, because this is both a Casino and a Business Center!

Perfect location! Casino property is located on the corner of Promenade and pedestrian street leading to the restaurant Jadran! Entrances from the Promenade, and from the shopping center.

– OFFER 1:

Casino consist of 4 floors (-1 and -2 floors plus at ground floor 100 m2 L1 and at first floor L25) total area 2503,14 m2 and 50m2 for the Casino entrance and reception on Ground floor. Business space has entrances from the Promenade, and from the shopping center.

Design arrangements and fine works of ceilings, walls, floors and toilets are included in the price.

The entrance is located on a pedestrian street leading to the most famous restaurant “Jadran” across from the restaurant of the hotel “Fontana” near the marina and the fortress of the Old Town.

By necessary the space of ground floor can be increased, because the building is under construction.

Design arrangements and fine works of ceilings, walls, floors and toilets are included in the price.

-Size of the Casino:

-Ground floor with entrance and reception: 50m2
-First floor L25: 203,14 m2
-1 floor : 1.075 m2
-2 floor : 1.075 m2

Total area for the Casino: 2503,14 m2

– 21% VAT is included in the price, and in the future you can get a VAT refund through the purchase of equipment and furniture.

In 30 days from contract signing %70 payment in advance, then rest of the %30 payment by instalment till 31.12.2022 – 10.000.410 €
In 30 days from contract signing %90 payment in advance,then rest of the %10 payment by instalment till 31.12.2022 – 9.750.096 €
In 30 days from contract signing %100 payment in advance – 9.459.782 €

Expected rental price per year: 1.941.838 euro

OFFER 2

If you are interested in less surface to Casino, in that case:

Casino total surface will be:

-Ground floor with entrance, reception and restaurant area : 50m2 + 390m2 (optional terrace than you can rent)
-1 floor : 1.075 m2
-2 floor : 1.075 m2

Total area: 2.200m2

Total price for Casino with finishing works included :

In 30 days from contract signing %70 payment in advance,then rest of the %30 payment by instalment till 31.12.2022 – 7.480.000 €
In 30 days from contract signing %90 payment in advance,then rest of the %10 payment by instalment till 31.12.2022 – 7.260.000 €
In 30 days from contract signing %100 payment in advance – 7.000.000 €

Expected renting price for 1 year: 1.500.000 €

Construction will be finish : 01.06.2023