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990 000 €

Hotel in Kotor, Montenegro, 400 sq.m

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  • Hotel in Kotor, Montenegro, 400 sq.m - picture 1
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  • Hotel in Kotor, Montenegro, 400 sq.m - picture 1
  • Property ID on Prian.info: 3215526
    Property ID on company's website: 37359
    Last update: 01.08.2023
    Number of views: 1410

990 000 €

Hotel in Kotor, Montenegro, 400 sq.m

400 sq.m

  • Property ID on Prian.info: 3215526
    Property ID on company's website: 37359
    Last update: 01.08.2023
    Number of views: 1410

Specifications

Sale price 990 000 €
Price per square meter 2 475 €
Floor area 400 sq.m
Construction phase Resale
Address Montenegro, Kotor

Description

Object Code - 1.20.17.7536

Hotel of 400 m2 for sale in Kamenari.

The hotel was the home of a family of sailors. The house is 200 years old and it is under the protection of UNESCO. The reconstruction itself lasted three years due to the complexity of the work (only cleaning, installation and refilling of the facade lasted more than one year).

In 2018, the hotel celebrated its fifth year of operation.

Hotel management under the contract was transferred to the hands of a well-known company and will last another 3 years. This is interesting for investors, because they do not need to burden themselves with the organization of work, but they immediately receive a return on investment and cooperation with serious management. If the new owner wants to terminate the contract with the management, there is a clause in the contract that allows him to do this.

The hotel itself has an area of about 400 m2, has 7 luxurious rooms with sea views, a kitchen, a dining room, a wine cellar, a pool, a large terrace and 2 business premises on the ground floor of the building, at the level of the road, which are rented independently . At 50m from the hotel (30m from the sea), parking is located.

The hotel is equipped with a modern Daikin heating and cooling system, solar panels for hot water, high-quality bathrooms VilleroyBoch and Hansgrohe, a high-quality carpentry workshop, locksmith ...

The distance to Kotor is 10 km, to Tivat 3 km, to Tivat airport 5 km, to Dubrovnik-Croatia and the airport 63 km, to Podgorica 90 km.


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