Great Hotel in Budva
The total area of the hotel is 1150sq m and has outdoor terrace of 40m2, Ground floor + 3 floors, located on a plot of 557sq.m. The hotel consist of 18 apartments and 6 double rooms,in which can be acommodated 54 to 84 guests with extra beds. As for the further expansion of the hotel there are two possibilities:
- The first one is with permition can be upgraded another 2 floors
- The second is that you can build a new object:Garage+Ground floor+4 Floors with 2020 sq meters without garage.
Price of the hotel with complete inventory and equipment: € 2,400,000
Behind the hotel there are two parcels.
The first plot area is 369 sq.m. with the swiming pool, size 12m x 6,5m. Plot is allowed to build touristic facility : garage + Ground floor + 4 Floors ,with the gross square footage of 1000 sq.m.without garage.
The second plot area has 538 sq.m with the house of 318sq.m. Also, according to current plans it is alloved to bild Ground floor + 2 Floors , with the total area of approximately 750m2.
It is possible to merge theese two parcels with the total area of 907 sq.m. and it would be allowed to build touristic facility consisting of: garage + Ground floor + 4 floors with the total surface area of 2680m2,without a garage.