Hotel in Ulcinj, Montenegro, 1 230 sq.m

Object Code - 1.29.17.9125

We present to you a tourist complex, which is now being sold with conditions for the construction of a 5-star hotel.

The tourist complex is located in an excellent location halfway between Ulcinj and Ada Bojana, that is, in the Big Beach area on the first line from the sea, with access from the main road.

The tourist complex is located on a 4385 m2 plot and consists of:

33 bungalows of 22m2,

restaurant 504m2 with reception,

and 57 designated guest parking spaces.

The land has the proper urban conditions for the existing T2 tourist resort. As well as the conditions for the construction of a 5-star hotel T1 (area P + 2 bn) with the possibility of sending an application to the MORT and approval for the construction of a hotel on another 2 floors, which will be (P + 4 bn)

The basis of the building is 1160 m2.

The cost of this complex is fixed and amounts to 2,900,000 euros. The investor has the option to buy the complete company that owns the tourist resort.

In addition to the fact that it is located on the first line from the sea, additional advantages of the tourist resort are the proximity of a new boulevard with the border crossing through Ada Bojana, and an airport is planned to be built on the road 1 km from the tourist resort in the near future.