9 bedrooms Commercial property for sale in Kotor, Montenegro by Astra Real Estate No. 67002

Property description

This commercial place/mini-hotel for sale is located in the heart of the Old Town of Kotor, near the main city square.

The old town of Kotor is under the protection of UNESCO as a world cultural and natural heritage, with beautiful stone houses, churches, towers, squares, and fountains behind the walls of the city fortress. The old town of Kotor is one of the most important ports and shopping centers on the Adriatic, known as the city of museums, sights, culture, and architecture.

The old nucleus of Kotor today is considered to be the best-preserved medieval urban entity in the Mediterranean.

This property consists of two separate apartments, on two floors of the building, and now is in function as a small hotel.

The size of the apartment on the first floor is 123m2 and it has 5 double bedrooms, 3 bathrooms, a shared kitchen, and a hallway. Another space (144m2) is on the second floor, with four apartments with their own bathrooms, shared kitchen and dining area, living room, and a hallway.

All apartments are fully furnished, with modern equipment and all necessary amenities, and provide excellent conditions for a comfortable family living, but also have excellent potential for rent as hotel space.

All rooms are airconditioned.

In terms of connections with important waterways, roads, and airports, the Port of Kotor is located just across from the Old Town, and less than 10km separates this facility from Tivat Airport and Porto Montenegro Marina for superyachts. In the heart of the Old Town, close to popular restaurants and shops, this property is an ideal opportunity for you.

You can call us or send us an e-mail so that together we can go deeper into the information you need to become the owner of this property.

Property features
* Air-conditioning
* Alarm system
* Central Heating
* Cultural heritage site
* Furnished
* Tourism

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Parameters	Kotor
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 646.83
Apartment (1 bedroom) Outside of Centre	$ 628.86
Apartment (3 bedrooms) in City Centre	$ 1 293.65
Apartment (3 bedrooms) Outside of Centre	$ 1 257.72
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 3 773.16
Price per Square Meter to Buy Apartment Outside of Centre	$ 2 695.11

Parameters	Kotor
Crime Index	17.23
Traffic Commute Time Index	39.50
Restaurant Price Index	48.60
Property Price to Income Ratio	17.14
Climate Index	89.65
Safety Index	82.77
Traffic CO₂ Index	931.00
Traffic Inefficiency Index	114.68
Rent Index	18.73
Health Care Index	33.33
Traffic Index	119.12
Pollution Index	34.48

Parameters	Kotor
Restaurants
Meal, Inexpensive Restaurant	$ 14.01
Meal for 2 People, Mid-range Restaurant, Three-course	$ 53.90
McMeal at McDonalds (or Equivalent Combo Meal)	$ 8.89
Domestic Beer (0.5 liter draught)	$ 3.23
Imported Beer (0.33 liter bottle)	$ 3.23
Coke/Pepsi (0.33 liter bottle)	$ 2.10
Water (0.33 liter bottle)	$ 1.38
Cappuccino (regular)	$ 2.46
Markets
Milk (regular), (1 liter)	$ 1.36
Loaf of Fresh White Bread (500g)	$ 0.94
Eggs (regular) (12)	$ 2.96
Local Cheese (1kg)	$ 8.21
Water (1.5 liter bottle)	$ 0.79
Bottle of Wine (Mid-Range)	$ 7.01
Domestic Beer (0.5 liter bottle)	$ 1.15
Imported Beer (0.33 liter bottle)	$ 1.71
Cigarettes 20 Pack (Marlboro)	$ 3.93
Apples (1kg)	$ 1.29
Chicken Fillets (1kg)	$ 7.60
Oranges (1kg)	$ 1.45
Potato (1kg)	$ 0.94
Lettuce (1 head)	$ 1.63
Rice (white), (1kg)	$ 2.26
Tomato (1kg)	$ 2.39
Banana (1kg)	$ 1.72
Onion (1kg)	$ 1.04
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.31
Transportation
One-way Ticket (Local Transport)	$ 1.62
Gasoline (1 liter)	$ 1.61
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 26 951.13
Taxi Start (Normal Tariff)	$ 0.65
Taxi 1km (Normal Tariff)	$ 1.08
Taxi 1hour Waiting (Normal Tariff)	$ 9.16
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 24 795.04
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 115.35
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 30.09
	$ 17.13
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 943.29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.93
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 29.55
Cinema, International Release, 1 Seat	$ 5.39
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 73.52
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 44.92
1 Pair of Nike Running Shoes (Mid-Range)	$ 91.22
1 Pair of Men Leather Business Shoes	$ 105.65
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 291.07
International Primary School, Yearly for 1 Child	$ 7 158.22

9 bedrooms Commercial property in Kotor, Montenegro No. 67002

Property description

Features

Indoor facilities