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Hotel with restaurant on Adriatic Coast, Montenegro

$545,000

Zagradje bb, Zagradje 85355, Montenegro

Active
Last Updated: 10/03/2024

38,500

NOI

433 sqm

Building Size

Details:
NOI:    $38,500
Building Size:    433 sqm
Lot Area:    448 sqm
Keys:    14
Year Built:    2000
Floors:    3
Parking Spots:    6
Restrooms:    9
Highlights:
  • Proximity to the sea
  • Surrounding area is designated for luxuray resort project
Description:

Exciting Business Opportunity: Hotel and Restaurant for Sale in Adriatic Coast, Montenegro!

Discover a prime investment opportunity with this hotel featuring a restaurant and apartments, located in the serene Spicansko polje, Zagrade, Sutomore. Enjoy stunning views of Spicansko polje and the sea, all just a five-minute walk from Maljevik Bay and other beautiful beaches.

This well-structured property sits on a generous 448m² plot (14x32m) and boasts a total usable area of 360m² across three floors. It includes five apartments and nine guest rooms, making it an ideal setup for generating revenue.

Key Features:

Ground Floor: Restaurant hall, summer terrace, and three bedrooms.
First Floor: Three spacious apartments, each with a separate bathroom, kitchen, and terrace, plus three additional bedrooms.
Second Floor: Two apartments with kitchens, bathrooms, and terraces, along with three more bedrooms.
The property also includes two auxiliary buildings (28m² and 43m²) and parking for six vehicles.

With the imminent construction of the luxury tourist complex Maljevik nearby, the area is poised for growth, making this a smart investment. The estimated yearly net income is approximately $38,500, providing a solid return on your investment.

Don't miss out on this remarkable opportunity to own a hotel and restaurant in a rapidly developing tourist destination!

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