Hotelin the comlex in the Bar

ID: 4434
Bar, Montenegro
24 bedrooms
1350m² area

Price:

€ 2,500,000

OVERVIEW

The apartment hotel is located on the ground floor of the complex in a Bar. The complex consists of two buildings, and the hotel occupies the entire first residential floor in building B. It consists of 24 rooms (standard rooms and luxury apartments ranging from 27 to 40 m2) with a built-in modern smart home system, professional ventilation and air conditioning system, sound insulation, fire protection and video surveillance system. The hotel has its own reception, elevator access cards only for the hotel floor, a restaurant for 50 guests with a beautiful view of the sea and the park. In the underground part of the building there are office premises located as part of the hotel and used for staff, technical rooms and laundry. The total area of the hotel is 1350 m2. The hotel has its own outdoor parking for 10 cars. Thus, the hotel's content meets the needs and standards of the most demanding customers. At this stage, all the finishing works in the hotel have been completed. A design project has been prepared for all rooms, the restaurant and the reception area. The cost of the hotel is indicated when buying "turnkey", in accordance with the developed project is 2.500.000 euros. If desired, you can purchase a hotel at the stage of completed finishing works and do the furnishing according to your wishes and tastes. In this case, the cost is discussed separately. Colliers International presented an official assessment of the return on investment, which related exclusively to the delivery of the number of rooms, taking into account the level of the tourist season after the pandemic. According to their calculations, a full refund of the invested funds will be made within 6 years. Given that most buyers have purchased apartments in the complex for the purpose of renting or for recreation, the owner of the hotel will have a unique opportunity to determine the conditions and use all the available facilities of the complex. Apartment owners and guests of the complex will be interested in such services as dry cleaning, apartment cleaning, food and drinks delivery from the hotel restaurant to the apartments, as well as shuttle services and car rental.

CHARACTERISTICS:

Area (m²): 1350
Number of bedrooms: 24

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Alexandra Meyer
Personal assistant
Alexandra Meyer
Personal assistant