19 bedrooms Hotel in Budva, Montenegro No. 66949
ID66949
$ 745 000
Property description
This attractive small hotel for sale is located in Petrovac, in Budva municipality. Petrovac is a beautiful little city on the Montenegrin coast and is ideal for family holidays. Lucice Beach, Buljarica Beach, and central Petrovac Beach, with the fine reddish pebbles, are three perfect places for an excellent summer vacation.The 19-room hotel with 700m2 of living space is located on the hill, allowing most apartments astonishing sea views. Part of the apartments are studios, and part is standard one-bedroom apartments. All apartments are furnished and air-conditioned, and all units feature a kitchenette fitted with a refrigerator, stovetop, and kettle. Every unit features a private bathroom with a shower.
Located in Prijevorac, a Petrovac borough, within a 15-20 minutes walking distance from the city center and its beach, the hotel has small village privacy and all the city benefits. Lucice, the closest beach, has an advantage over the overcrowded one in Petrovac not only by the number of visitors and by prices but also by the sea water clearness.
You will pass a great olive grove on your 7-8-minute walk to the beach. Those not afraid of long distances can visit an even less crowded Buljarica beach over the hill.
This property can be used as a hotel, but it could be interesting for some investors to reconstruct the building into separate apartments and put them on the market for further sale. The property prices in this part of the Adriatic riviera are continuously rising, which can be an excellent investment opportunity for the future owners of this hotel.
The property has an excellent location, only 29km from Tivat airport and 37km from Podgorica airport, while Kotor Old Town is 29 km from the hotel.
If you think this property is an excellent choice for your investment, feel free to contact us for more information.
Property features
* Air-conditioning
* Furnished
* Mountain view
* Parking
* Peaceful area
* Sea View
* Tourism
* Untouched nature
This property can be used as a hotel, but it could be interesting for some investors to reconstruct the building into separate apartments and put them on the market for further sale. The property prices in this part of the Adriatic riviera are continuously rising, which can be an excellent investment opportunity for the future owners of this hotel.
The property has an excellent location, only 29km from Tivat airport and 37km from Podgorica airport, while Kotor Old Town is 29 km from the hotel.
If you think this property is an excellent choice for your investment, feel free to contact us for more information.
Property features
* Air-conditioning
* Furnished
* Mountain view
* Parking
* Peaceful area
* Sea View
* Tourism
* Untouched nature
Budva - Statistics
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| Parameters | Budva |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 837.55 |
| Apartment (1 bedroom) Outside of Centre | $ 621.71 |
| Apartment (3 bedrooms) in City Centre | $ 1 742.63 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 315.27 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 354.98 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 427.24 |
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| Parameters | Budva |
|---|---|
| Crime Index | 27.22 |
| Cost of Living and Rent Index | 33.42 |
| Purchasing Power Index | 46.26 |
| Property Price to Income Ratio | 17.42 |
| Safety Index | 72.78 |
| Traffic CO₂ Index | 0.00 |
| Traffic Inefficiency Index | 6.30 |
| Rent Index | 21.54 |
| Health Care Index | 44.84 |
| Groceries Index | 39.88 |
| Pollution Index | 24.88 |
| Traffic Commute Time Index | 20.00 |
| Restaurant Price Index | 45.50 |
| Climate Index | 89.65 |
| Cost of Living Index | 43.14 |
| Quality of Life Index | 154.40 |
| Traffic Index | 26.98 |
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| Parameters | Budva |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 13.48 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 53.94 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 8.63 |
| Domestic Beer (0.5 liter draught) | $ 3.24 |
| Imported Beer (0.33 liter bottle) | $ 2.97 |
| Coke/Pepsi (0.33 liter bottle) | $ 1.92 |
| Water (0.33 liter bottle) | $ 1.62 |
| Cappuccino (regular) | $ 2.44 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.46 |
| Loaf of Fresh White Bread (500g) | $ 1.08 |
| Eggs (regular) (12) | $ 2.97 |
| Local Cheese (1kg) | $ 8.25 |
| Water (1.5 liter bottle) | $ 0.93 |
| Bottle of Wine (Mid-Range) | $ 8.09 |
| Domestic Beer (0.5 liter bottle) | $ 1.17 |
| Imported Beer (0.33 liter bottle) | $ 2.10 |
| Cigarettes 20 Pack (Marlboro) | $ 4.10 |
| Apples (1kg) | $ 1.23 |
| Chicken Fillets (1kg) | $ 6.94 |
| Oranges (1kg) | $ 1.45 |
| Potato (1kg) | $ 1.15 |
| Lettuce (1 head) | $ 1.27 |
| Rice (white), (1kg) | $ 2.32 |
| Tomato (1kg) | $ 2.80 |
| Banana (1kg) | $ 1.93 |
| Onion (1kg) | $ 1.44 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 10.70 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.16 |
| Monthly Pass (Regular Price) | $ 35.06 |
| Gasoline (1 liter) | $ 1.63 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 28 048.10 |
| Taxi Start (Normal Tariff) | $ 1.08 |
| Taxi 1km (Normal Tariff) | $ 1.46 |
| Taxi 1hour Waiting (Normal Tariff) | $ 16.18 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 24 811.78 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 141.40 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 29.31 |
| $ 18.13 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 829.98 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.93 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 51.78 |
| Tennis Court Rent (1 Hour on Weekend) | $ 22.29 |
| Cinema, International Release, 1 Seat | $ 5.39 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 107.88 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 35.96 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 113.27 |
| 1 Pair of Men Leather Business Shoes | $ 197.78 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 399.15 |
| International Primary School, Yearly for 1 Child | $ 9 385.33 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Budva
Hotel
19
700 m²
- m²
- sq. ft
$ 745 000
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