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12 Bed Hotel for sale

Kotor, Montenegro

£1,604,422 *  [€1,843,000]

12 Bed Hotel for sale

Kotor, Montenegro

£1,604,422 *  [€1,843,000]

Property Details


  • Bedrooms: 12
  • Bathrooms: 10
  • Plot size: 509 m2
  • Habitable space: 854 m2

Full Description


A fully operational boutique hotel is offered for sale in the heart of Risan, approximately 400 metres from the sea. Designed as a villa with complete privacy, this property comprises five spacious self-contained apartments.

The hotel consists of:

two identical two-bedroom apartments of 102.6 m² each;
a spacious two-bedroom penthouse of 207 m²;
two duplex three-bedroom apartments:
119.7 m² (82 m² internal living area plus a large sea-facing terrace);
121.7 m² (82 m² internal living area plus a large sea-facing terrace).
The property also includes:

five parking spaces;
a swimming pool;
landscaped gardens;
a fully fenced plot offering excellent privacy.
The total usable living area is 854 m², situated on a 509 m² plot.

All units enjoy sea views and are located in the elevated part of Risan, providing peace and quiet, protection from traffic noise, and abundant natural daylight.

The luxury Mövenpick Hotel is approximately 500 metres away. Several restaurants, beaches, cafés, the popular Risan green market, and shops are all within walking distance.

Distances:

Tivat Airport – approximately 10 km;
Kotor Old Town – approximately 15 km;
Portonovi Resort – approximately 6 km;
Dubrovnik Airport – approximately 25 km.
An excellent investment opportunity and a ready-to-operate business. The hotel has been successfully operating for three years, enjoying high occupancy rates and excellent guest reviews.
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This property listing (ref: 11423) is an advertisement supplied by Montenegro Prospects DOO and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.