Mini hotel in the center of Budva

Hotel for sale in Budva, Montenegro. This bright mini hotel is located in the very center of Budva. The total area of the hotel is 340 sqm, the area of the plot is 110 sqm.

The hotel is located in Budva, 10 minutes walk from the sea and near the famous restaurant with national cuisine - Zlatibor.
Near the hotel there is a small grocery store and a bakery. The hotel is four-storey, on each floor there are two rooms with their own kitchen and balcony.
In total, the hotel has 8 rooms - one two-level room, two double rooms, five studio rooms. The area of the rooms is from 35-40 sqm.
All rooms are fully equipped with appliances and furniture.

The hotel is rented during the summer period approximately 100/120 days. 
The local on the ground floor can be rented all year round. Area of lokal 40m2 with a garden of approximately 40-45m2. 

Two parking space . 

Possibility to build one more level of the hotel.

Excellent investment till 8% yearly income!!!