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Mini hotel in Montenegro

The owner is selling a hotel construction site with a pier and a beach on the shores of the Bay of Kotor

Invest in your future - Montenegro commercial real estate!

Invest in a magnificent tourist destination on the Adriatic coast.


The total area of ​​the building plot is 506 m2.

The property has a concrete pier on the shore with an area of ​​160 m2.

The construction of a villa with an area of ​​370 m2 is permitted.

The building can be built up to 800 m2.

The facility consists of three floors with an open plan. According to the project, it is a mini hotel with six apartments, but it can be completed as a family home.
PRICE 890.000 €
The mini hotel is located: Montenegro, Tivat municipality, Lustica peninsula, Krasici.

Advantages of the property being sold

Fully legal and urbanized plot of land at the edge of the sea from the owner. With ready-made projects, permits, approvals, completed zero construction cycle and paid utility fees.

  • Favorable location

    In a quiet location on the Lustica peninsula:

    9 km from the Jadran highway.

    14 km from Tivat International Airport.

    25 km from the city of parties and clubs Budva.

  • Good infrastructure

    Within walking distance:

    Shops, cafes, bakeries.

    First aid station.

    Mail.

  • Fabulous beauty nature

    Calm and revitalize:
    Sea view.
    Mountain View.
    Sea air.
    All the diversity of the flora of the Adriatic.

  • Own parking for several cars

    During the peak holiday season, your precious guests won't have to worry about where to park their car.

  • Modern hotel project made from environmentally friendly materials

    Natural stone, ceramics, concrete bases, panoramic windows, water-based paints.

  • Urban water supply and sewerage

    All communications are connected to the site.
    Electricity and 5G internet available.
    All that remains is to complete the construction and add air conditioning.

Arithmetic of the price of a Mini Hotel in Montenegro

The cost of the object is determined by specific costs and the assessment of land plots on the Montenegro real estate market for 2024.

Two plots of property

+ 506 m2 (area of ​​the building plot)
+ 160 m2 (area of ​​the pier on the shore)
= 666 m2 x 985 euros (per 1 m2)
= 656,000 Euro.

The initial stage, excavation work has been completed

When preparing the pit, 8000 m3 of rock was selected from a site with an area of ​​506 m2 and removed using special equipment.
The cost of work for 2020 is 72,000 Euro.

The first floor of the building and supporting structures were erected

Ceiling slab (monolithic concrete base).
Reinforced concrete pit walls with waterproofing and drainage system.
Concrete structures of the ground (1st floor).
The cost of work and materials for 2021-2022 is 135,000 Euro.

Taxes and fees paid

Communal tax - 27,000 Euro
TOTAL
The final cost of construction of a Mini Hotel with two plots of land and a completed zero cycle.
+ 656,000 €
+ 72,000 €
+ 135,000 €
+ 27,000 €
__________________

890,000 € Euro
Mini hotel location
Montenegro, Tivat municipality, Lustica peninsula, Krasici.

The plot is located in a green area between the hill and the sea, with good access.

Suggested options for mini hotel apartments

See how the living spaces are planned.
Created by a professional designer with the comfort of you and your dear guests in mind.
Lots of space, sunlight, fabulous views from the windows

We enter a luxurious apartment.

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OWNER OF THE PROPERTY

Seven days a week. From 10:00 to 20:00. Time in Montenegro (winter)
Moscow + 2 hours.
UTC +1 Central European Time (CET)

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