The investment project at the ski resort of Kolasin

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The investment project at the ski resort of Kolasin

2,542,000 €
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Total area: 2,724 m² Yield: 12.2%
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Features
  • Absolute return: 310,412 €
  • Land area: 4,600 m²
  • Broker: 8.0%

It is a hotel under construction in Kolasin, Montenegro.

Description

The total area of the property is 2,724 m².

The plot of 4,600 m².

At the moment there are 5 built chalets with total area of 2,124 m², that can accommodate 35 rooms. It is necessary to built 600 m² of commercial spaces on order to operate as a hotel.

Finished operations:

  • installation of water supply and sewerage;
  • installation of double-glazed windows;
  • completion of roofing;
  • construction of the facades;
  • connection to the power supply;
  • preparation for internal planning and finishings.

There is a 907 m² plot for the car park.

There is a possibility to buy another two packets of three chalets at the price of 945,000 € each.

Financial performance

The projected income is 310,412 €.

The projected yield of 12,2%.

Location

The property is situated on the banks of Tara river, just 5 minutes away from the center of Kolasin.

Kolasin is the fastest growing center of winter sports and summer recreation in Montenegro, just a 2-hour drive from the coast and an hour's drive from the airport in Podgorica.

The city is located on the new highway Bar-Boyars, which will connect the coast of Montenegro with Serbia. This highway will significantly increase the flow of tourists in Kolasin, the part of tourists from the coast, as well as tourists from the Western Balkans, arriving through Serbia.

More properties

If this property wasn’t for you, take a look at other investment projects for sale in Montenegro.

You can see more investment projects for sale in Kolasin (city) elsewhere on our website.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
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    • Bank financing from 4% annually
    • Construction site audits
    • Management company services