A turnkey hotel business in Budva, Montenegro

A fully operational aparthotel in Budva is for sale. It's a stable, profitable business with over 10 years of management history under a single owner.

The total property area is 640m2, including:
● A 440m2 building
● Two fully covered terraces totaling 65m2, currently being converted into residential space for two additional loft apartments
● A 135m2 usable rooftop terrace with panoramic sea views
● An additional 237m2 undeveloped land plot

Key Features

● Room Inventory: 12 fully equipped apartments with kitchens, suitable for both short-term and year-round rental (2 to 4 sleeping places). Occupancy: 80–90% year-round (guest rating 9.6).
● Parking: 5 parking spaces within the secured hotel territory with video surveillance.
● Infrastructure: 135m2 exploitable flat rooftop with sea view (potential for additional floor / lounge zone) + dining area (F&B module with barbecue) for 16 guests + fitness zone + finnish sauna (wellness for up to 6 persons) + office (reception) + laundry + mini workshop + full business equipment (furniture, appliances, equipment, surveillance, etc.)
● Digital Capital: Accounts on/ Airbnb and other aggregators, established processes, website, email accounts, and social media. Transfer of active accounts with high ratings and an established customer base.
Ready-made business system

You're buying more than just real estate, but a fully configured business:

Active Booking / Airbnb accounts
● Client base and high rating
● Website, social media, operational processes
● Fully equipped infrastructure


Infrastructure and Potential

● F&B 16-guest area (dining room + BBQ)
● Wellness: Finnish sauna + fitness area
● Reception, laundry, workshop

Financial Indicators

● NOI: €150,000/year
● High occupancy above market
● Debt-free business
● Income from day one

Advantages

100% operational
● Legal cleanliness (1/1 ownership, 3* license)
● Cost reduction due to on-site infrastructure
● Owner support for 3 months
● Access to the management company
● Purchase at a price close to replacement cost
● Value growth potential (EU factor)

Additional options (Optionally, purchased separately for €200,000.

● Premium Parking (5 spaces):
● Car Park (BMW X5 + 3 Mercedes CLKs)

Details and financial model available upon request.

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Price: €2,200,000.

There are interesting offers for investors, from small to large.