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Apart-hotel with 6 rooms in the center of Budva, Montenegro

Location Budva
Unit ID 17405
Unit area m2 205 m2
Floor / Nb of Floors 6/7
Deal Type Sale
Price 750 000 €
Year built 2017
Number of apartments 6
Apartment area from 29 m2 to 40 m2
Parking lot
Management Company
Distance to sea (m) 200
Apart-hotel for sale in a new building in the center of Budva, just 200 m from promenade and beach. The hotel occupies 6th floor of the 7-storey residential building with great view over Budva and partial seaview. It has 6 apartments with a capacity to accomodate up to 20 guests, and one technical/storage room . There are four 1-bedroom apartments and two studios, fully furnished and equipped under 4-stars hotel standards – electronic access keys, automatic on/off electricity switches, sensors of the open windows (automatically shuts down air conditioning whenever the windows are open), reception desk with computer for programming electronic keys, technical room, video surveillance, fire alarm etc.
Total area of the apart hotel is 205 m2.
The building is located in the top rated district (so called "exclusive zone") in the center of Budva, close to the waterfront and all amenities. At the same time the building is hidden on the small green street, away from city noise. 
Apart-hotel has been previewed by a local rental operator for management with expected annual ROI of 5-6%.
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