24 bedrooms Hotel in Herceg Novi, Montenegro No. 66905

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24 bedrooms Hotel in Herceg Novi, Montenegro No. 66905
ID66905 $ 4 500 000
66905

Property description

Located in the heart of Herceg Novi, one of Montenegro's most popular tourist destinations, this charming small hotel offers a unique investment opportunity. Herceg Novi, nestled at the entrance of the stunning Bay of Kotor, is known for its historic landmarks, vibrant culture, and reputation as a spa and wellness center. The town is home to iconic attractions like the Forte Mare Castle, the Austrian Clock Tower, and the Kanli Tower, making it a magnet for both history lovers and travelers seeking relaxation.

Perfectly positioned next to the seashore on Brace Grakalica Street, the hotel is just steps away from the scenic Pet Danica promenade. Guests are welcomed into an atmosphere of comfort and elegance, with 24 fully air-conditioned apartments offering breathtaking views of the sea and promenade.

The hotel's apartments range from 30 to 50 m2 and are thoughtfully designed to provide a relaxing retreat. Each unit has modern, high-quality furniture, a mini kitchen, an LCD TV, and bathrooms with sleek, modern showers.
Cable and wireless internet are available, so guests can stay connected while enjoying their stay. Each room also boasts a private terrace, perfect for soaking in the stunning Adriatic views.

The hotel has amenities such as:

* Private parking for 13 cars on the ground floor, offering convenience to hotel guests.

* Only 10 meters from the sandy beach, providing immediate access to the sea's beauty and the calming sounds of the waves.

* A restaurant and kitchenette specializing in half-board accommodation, ensuring a delightful dining experience throughout the stay.

Herceg Novi is a bustling destination with excellent connectivity. The hotel is only 22 km from the luxury Porto Montenegro Marina and Tivat International Airport and 27 km from Dubrovnik Airport, providing easy access for international travelers.

Whether you're looking to expand your hospitality portfolio or invest in a lucrative tourist hotspot, this seafront hotel is an opportunity you won't want to miss. With its prime location, modern amenities, and stunning coastal views, it promises guests an unforgettable experience and provides you with an investment worth making.

Contact us today for more details and to arrange a viewing.

Property features
* Air-conditioning
* Close to Tivat airport
* Excellent location
* Furnished
* Housekeeping & Laundry Service
* Parking
* Sea View
* Tourism
* Video surveillance
* Waterfront

Location

View
  • Sea view

Features

Equipment and Appliances
  • Air Conditioners
Furniture
  • Furnished
Herceg Novi - Statistics
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ParametersHerceg Novi
Rent Per Month
Apartment (1 bedroom) in City Centre$ 733.57
Apartment (1 bedroom) Outside of Centre$ 541.18
Apartment (3 bedrooms) in City Centre$ 1 222.61
Apartment (3 bedrooms) Outside of Centre$ 916.96
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 3 074.50
Price per Square Meter to Buy Apartment Outside of Centre$ 2 346.33
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ParametersHerceg Novi
Crime Index16.69
Restaurant Price Index39.38
Property Price to Income Ratio16.75
Climate Index89.39
Safety Index83.31
Rent Index16.28
Groceries Index38.88
Pollution Index20.69
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ParametersHerceg Novi
Restaurants
Meal, Inexpensive Restaurant$ 8.63
Meal for 2 People, Mid-range Restaurant, Three-course$ 37.76
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.09
Domestic Beer (0.5 liter draught)$ 2.37
Imported Beer (0.33 liter bottle)$ 3.24
Coke/Pepsi (0.33 liter bottle)$ 2.16
Water (0.33 liter bottle) $ 1.52
Cappuccino (regular)$ 1.96
Markets
Milk (regular), (1 liter)$ 1.31
Loaf of Fresh White Bread (500g)$ 0.93
Eggs (regular) (12)$ 2.94
Local Cheese (1kg)$ 8.12
Water (1.5 liter bottle)$ 0.73
Bottle of Wine (Mid-Range)$ 5.12
Domestic Beer (0.5 liter bottle)$ 1.02
Imported Beer (0.33 liter bottle)$ 1.69
Cigarettes 20 Pack (Marlboro)$ 3.51
Apples (1kg)$ 1.24
Chicken Fillets (1kg)$ 6.67
Oranges (1kg)$ 1.45
Potato (1kg)$ 0.98
Lettuce (1 head)$ 1.44
Rice (white), (1kg)$ 2.40
Tomato (1kg)$ 2.39
Banana (1kg)$ 1.72
Onion (1kg)$ 1.20
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 10.86
Transportation
One-way Ticket (Local Transport)$ 1.08
Monthly Pass (Regular Price)$ 55.02
Gasoline (1 liter)$ 1.60
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 28 116.06
Taxi Start (Normal Tariff)$ 0.65
Taxi 1km (Normal Tariff)$ 0.76
Taxi 1hour Waiting (Normal Tariff)$ 11.87
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 20 496.69
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 110.89
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 24.81
$ 16.06
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 809.08
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.00
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 53.94
Tennis Court Rent (1 Hour on Weekend)$ 10.79
Cinema, International Release, 1 Seat$ 5.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 77.48
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 32.36
1 Pair of Nike Running Shoes (Mid-Range)$ 70.12
1 Pair of Men Leather Business Shoes$ 91.70
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 254.76
International Primary School, Yearly for 1 Child$ 5 214.07
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityHerceg Novi
TypeHotel
Bedrooms24
Living space1172 m²
  • sq. ft
Price
  • Price
  • per m²
$ 4 500 000