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Luxury Hotel in Herceg Novi surroundings

Luxury Hotel in Herceg Novi surroundings
ID 13503
Location Kumbor
Price, EUR 3 600 000
Activity type hotel/mini hotel
Property area (sq m) 3000
Stake for sale, % 100
Annual revenue, EUR 620 000
Annualized ROI, % 9%
Payback period, YEAR 11
Year renovated 2011
Years in operation 13
Licenses in place
Valid until 2014
Number of staff 7
Number of managerial staff 1
Year built 2000

Luxury hotel for sale in Herceg Novi surroundings. Hotel consists of 6 elegant buildings hosting 47 rooms for accomodation of 111 guests.

There are also additional rooms for staff and facilities space. Hotel has two swimming pools - large one, and smaller one for kids. There is also a restaurant on hotel's territory which serves local Montenegrin and international cuisine. 2 large parkings are also situated on hotel's territory.

Hotel is under video surveillance, it has also Wi-Fi coverage in all rooms and common spaces, as well as satellite TV. All utilites are centralized - water, electricity, sewage. Hotel also has its emergency electricity generator and reserve water tanks.

The beach is just 3 minutes walk away. The hotel has its equipped beach (rented out from the State).

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+382 69 256 446