Charming mini hotel in center of Budva For sale New Budva, Montenegro

Property description

Charming mini-hotel in the center of Budva located only 1km from the sea.

Th hotel has a total internal area of 487m2.

It is divided into 5 levels: the basement, ground floor, first floor, second floor and the attic.

The basement consists of an utility room, a laundry room and a wine cellar.

On the ground floor, there is a reception, a gym (with the potential to be converted into a cafe/restaurant), a kitchen, one bathroom and two toilets.

The first, second floor and the attic are identical, each floor has 4 studio apartments with a bathroom.

The hotel is sold fully furnished and equipped. 

All bedrooms have balconies with views of the city and the mountains.

The hotel has been in operation since 2002.

The hotel business has significant potential for expansion. The lower and first floors could be turned into a number of rental units.

The hotel has a lovely terrace covered by a pergola adorned with grapes and kiwi.

The hotel has an ideal location; all necessary amenities are within walking distance, such as shops, restaurants, cafes, and nightclubs.

It is located only 1km away from Slovenska Beach, Mogren Beach, the Old Town and Main Bus station.

The distance to Tivat airport is 20km and Podgorica airport 64km.