№ 2,385,498
Operating mini-hotel with a garden, parking and beautiful views in Krimovica, Montenegro
472,000 €
1,484 € /m²
  • Room stock 7
  • Yield
  • Constructed  2008
  • Price per key 67,500 €
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Daria Krestova
Daria Krestova
Investment consultant in Krimovica
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    Key project parameters

    Total area
    318 m²
    Land area
    621 m²
    Room stock
    7
    Floors
    3
    Price per key
    67,500 €
    Constructed 
    2008

    Project description

    The property is located on the edge of the forest, the last one on the street. There is a very large parking lot, which is a big advantage in Montenegro. The entire area is landscaped, there is a garden with fruit trees — figs, grapes, oranges, tangerines, lemons, quinces, plums, pomegranates, persimmons, peach, walnuts.

    The building is constructed with high quality, with a reinforced concrete frame and thermal insulation. The house has electricity, sewerage (septic tank), water (water supply — 12 m³ tank), heating (ground floor — warm water floor from an electric boiler and a solid fuel boiler), cable Internet and satellite TV.

    On the ground floor there is a one bedroom apartment. Studios for rent are located on the 1st and 2nd floors. There are 7 studios in total, each with a terrace, a bathroom with a shower, a kitchen, a refrigerator, air conditioning, and all the necessary furniture. 4 apartments have sea views, 3 apartments have mountain views. Total capacity of 7 apartments for 16 people.

    On the 1st floor there is a utility and storage room. Each apartment has the opportunity to install autonomous water and electricity meters.

    The high season lasts from June to September, but, if desired, you can work all year round. Reservations are made through websites + regular guests. The apartments have been rated 9.6 out of 10 for several years now. The license to rent out the apartments is renewed every 3 years. The current license is valid until 2025.

    Extra information

  • Lots of natural light

    Lots of natural light

  • Equipped with household appliances

    Equipped with household appliances

  • Garden

    Garden

  • Car parks

    Car parks

  • Fully finished

    Fully finished

  • Quality sanitary ware

    Quality sanitary ware

  • Floor heating

    Floor heating

  • Kitchen

    Kitchen

  • Balcony or terrace

    Balcony or terrace

  • Internet

    Internet

  • TV

    TV

  • Sea view

    Sea view

  • Furnished

    Furnished

  • Mountain view

    Mountain view

  • Tenants

    Agreement
    n/a

    Location and nearby infrastructure

    Krimovica is located 9 km from the main tourist center of Montenegro — Budva. A wonderful combination of tourist activity nearby and a quiet, relaxing holiday with beautiful air, clean sea and juniper forest.

    More properties

    If this ad doesn't suit you, have a look at the other hotels for sale in Krimovica.

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    annual yield
    From 10%
    exit period
    3 years
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    How we help investors

    Analysing the needs

    We use a methodology that enables us to formulate requests and find good deals in the market

    Developing a strategy

    We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

    Providing transaction support

    We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account

    Helping with management

    We can take over the management of your property or recommend a suitable management company

    Organising property viewings

    We will arrange a visit to the site to view one or more projects

    Saving time

    At the investor's request, we can arrange a remote purchase with the least possible visits to the country

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