47 bedrooms Commercial property for sale in Herceg Novi, Montenegro by Montenegro Properties No. 66877

Property description

Luxury four star hotel for sale in Kumbor, Herceg Novi

Size: 3.500m2 (1,470 m2 internal area);

Capacity: 47 rooms and suites / 100 + beds;

4-star hotel complex, which is located on the Adriatic Sea, in clean area of the Bay of Kotor, in a quiet area Kumbor.

The hotel is located 5 km from the town of Herceg Novi, 15 km from Tivat (airport), 40 km from the historic center of Kotor, 55 km from Dubrovnik (Croatia).

The hotel comprises 47 rooms and suites, in 'standard', 'suite', 'apartments' and 'villa' categories.

Only 80 meters from the hotel, there is a private beach (35 meters). Also, there are 2 outdoor swimming pools, for adults and for children. Hotel restaurant has capacity to obtain 85 persons and the ethno-marine style konoba for 30 persons. There are 2 parking areas, with capacity of 25 cars. Tivat Airport is 20 km away.

Key features:

Outdoor swimming pool

Restaurant

Gym

Sauna

Hotel beach

Parking

Cafe-bar

Computer room

Laundry

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Parameters	Herceg Novi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 743.24
Apartment (1 bedroom) Outside of Centre	$ 548.32
Apartment (3 bedrooms) in City Centre	$ 1 267.88
Apartment (3 bedrooms) Outside of Centre	$ 929.05
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 115.05
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 377.27

Parameters	Herceg Novi
Crime Index	16.69
Cost of Living and Rent Index	29.51
Purchasing Power Index	55.31
Restaurant Price Index	38.85
Property Price to Income Ratio	16.75
Climate Index	89.39
Safety Index	83.31
Cost of Living Index	39.50
Rent Index	16.99
Groceries Index	37.77
Pollution Index	20.69

Parameters	Herceg Novi
Restaurants
Meal, Inexpensive Restaurant	$ 9.73
Meal for 2 People, Mid-range Restaurant, Three-course	$ 35.52
McMeal at McDonalds (or Equivalent Combo Meal)	$ 8.74
Domestic Beer (0.5 liter draught)	$ 2.73
Imported Beer (0.33 liter bottle)	$ 2.73
Coke/Pepsi (0.33 liter bottle)	$ 2.12
Water (0.33 liter bottle)	$ 1.38
Cappuccino (regular)	$ 2.00
Markets
Milk (regular), (1 liter)	$ 1.29
Loaf of Fresh White Bread (500g)	$ 0.95
Eggs (regular) (12)	$ 3.01
Local Cheese (1kg)	$ 8.32
Water (1.5 liter bottle)	$ 0.73
Bottle of Wine (Mid-Range)	$ 5.46
Domestic Beer (0.5 liter bottle)	$ 1.03
Imported Beer (0.33 liter bottle)	$ 1.73
Cigarettes 20 Pack (Marlboro)	$ 3.55
Apples (1kg)	$ 1.20
Chicken Fillets (1kg)	$ 7.07
Oranges (1kg)	$ 1.44
Potato (1kg)	$ 0.96
Lettuce (1 head)	$ 1.46
Rice (white), (1kg)	$ 2.26
Tomato (1kg)	$ 2.42
Banana (1kg)	$ 1.67
Onion (1kg)	$ 1.06
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 10.65
Transportation
One-way Ticket (Local Transport)	$ 1.09
Monthly Pass (Regular Price)	$ 55.74
Gasoline (1 liter)	$ 1.63
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 27 324.97
Taxi Start (Normal Tariff)	$ 0.66
Taxi 1km (Normal Tariff)	$ 0.77
Taxi 1hour Waiting (Normal Tariff)	$ 9.29
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 20 766.98
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 114.76
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 26.78
	$ 15.74
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 819.75
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 54.65
Tennis Court Rent (1 Hour on Weekend)	$ 10.93
Cinema, International Release, 1 Seat	$ 5.46
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 74.54
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 32.79
1 Pair of Nike Running Shoes (Mid-Range)	$ 71.04
1 Pair of Men Leather Business Shoes	$ 92.90
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 295.11
International Primary School, Yearly for 1 Child	$ 5 282.83

47 bedrooms Commercial property in Herceg Novi, Montenegro No. 66877

Property description

Outdoor features