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Guest house of 17 rooms in Sutomore

Guest house of 17 rooms in Sutomore
ID 16506
Location Sutomore
Price, EUR 550 000
Activity type hotel/mini hotel
Stake for sale, % 100
Annual revenue, EUR 92 700
Annualized ROI, % 8,2%
Payback period, YEAR 12
Year renovated 2015
Years in operation 1
Licenses in place
Valid until 2018
Number of staff 3
Number of managerial staff 1

Running business in Montenegro for sale - guest house in the coastal resort town of Sutomore.

Guest house is located in a quiet area, only 5 minutes walk from the beach.

The building is fully renovated in 2015 and fully fitted and furnished.

Guest house consists of 17 rooms and is ready to accommodate up to 38 guests.

There 3 types of rooms: standard rooms with 1 kingsize bed, standard rooms with 2 single beds and family suites with separate bedroom including 2 kingsize bed and 2 single beds. 

Each room has bathroom, all rooms have TV, air conditioning, fridge, iternet connection.

There is also a storage room for sheets and linen, reception area and separate space designated for kitchen. 

On the territory there is a kids playground, parking, video surveillance.

Hotel has an operating permit and categorization of 3 stars. It is also registered on the main booking systems.

Location of the guest house is impeccable - only 350 meters to the closest beach, 60 meters to bakery, restaurant and caffe, pharmacy and buss station in 150 meters, downtown is in 200 meters from the hotel.

Sutomore is known for its great sand beaches. This nice coastal town has all amenities for comfortable holiday making. It is also well know for its reasonable prices, which are lower, than in most other parts of Montenegrin coast.

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+382 69 256 446