Hotel in Budva, Montenegro, 773 sq.m

Object Code - 1.30.17.7189

A ready-made business in Becici, which includes apartments, a trade name, all the necessary content for carrying out activities, current reservations, promotional items and organized paperwork, etc. The complex consists of 10 apartments in a format from a studio to a penthouse with a view and equipped roof. Each apartment has a unique design, bears its own designation.

1. Italy, 82 m2, roof 90 m2, 2 bedrooms, 8-9 floor. (Penthouse)
2. Morocco, 87 m2, roof 90 m2, 2 bedrooms, 8-9 floor. (Penthouse)
3. ArtDeco7, 63 m2, 2 bedrooms, 7th floor.
4. Provence7, 45 m2, 1 bedroom, 7 floor.
5. Loft, 63 m2, 2 bedrooms, 7th floor.
6. Panamera, 63 m2, 2 bedrooms, 6 floor.
7. Solei, 63 m2, 2 bedrooms, 4 floor.
8. Provence4, 45 m2, 1 bedroom, 4 floor.
9. Prima, 57 m2, 1 bedroom, 1 floor.
10. Studio, 25 m2, 1 floor.

Also included are 7 parking spaces.
The apartments are located in Becici, in a new 9-storey building (in January 2017, property documents were issued). Location advantages:
- the house is located in such a way that each apartment has a sea view, which over time will not be closed.
- absolutely flat (without climbing uphill) path to the sea, equipped with sidewalk, pedestrian crossing.
- a new neighborhood. All houses are surrounded by modern, newly built. The first line will be built up with 5-star hotels, which in the foreseeable future will increase the price and demand.
- in the area there are convenience stores, cafes, and casinos.
- Becici beach is the most comfortable place: it is a bit far from Budva, availability of seats is also provided in the high season (Jul, August).
- the house has security cameras, 24-hour security, a playground.
- the project “works” the second season. A management system has already been established (rental, maintenance, organization of concierge service, etc.).
- the apartments are located in the same house, which facilitates (reduces costs) their management, but each of them is a separate apartment, which makes it easy to diversify.
- each apartment has its own design, which makes this offer unique, vibrant, attractive.

The cost of the project is 1,500,000 euros. (possible combination for the purchase of several apartments separately).

It is also possible to consider the following option:
- Purchase of 5 apartments (roof + Italy + Morocco + Art Deco 7 + Loft + Provence 7) for 830,000 euros - 340 m2 + 180 m2 (roof)