Hotel in Budva with great development potential

For sale hotel complex with excellent potential. The territory of the complex overlooks to Jadran highway and provides convenient access. From the big sandy beach (Slovenska Beach) just five minutes walk. The plot has an area of 2665 sqm. The complex has an area of 2142 sqm. At the base of the building is 612 sqm, large outdoor parking. The complex has the following structure: - A restaurant with a kitchen and utility rooms 450 sqm; - Reception at the entrance of 38 sqm; - Rooms with two beds - 44 (one room); - Rooms with a separate bedroom - 5 (three beds); Total number of rooms is 49 and 1 office, totaly 103 beds. All taxes paid for the existing buildings, the complex is connected to all city communications. The development potential of the complex - according to a new urban plan allowed the construction of apartment hotel - 8 levels (A garage + lobby + restaurant administration, etc. + 6 floors with apartments). Land area has coverage ratio of 0.51%, 3.55% construction coefficient, which allows the construction of 10990 sqm gross. The planned number of beds is 275. All these values issued by the municipality, there is ATD-conditions (urbanization and technical conditions). There is an ideological decision to build a new complex of class "A", the level of 4 stars.