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COMMERCIAL PROPERTY FOR RECONSTRUCTION WITH LOVELY SEA VIEW > Sale price: €824,000

Description:
  This hotel needing reconstruction is located near the city of Bar.  Bar is the coastal town in Montenegro, and is the sunniest place in the country. Bar has nice sandy beaches. It has known to be the educational center having some of the most reputable private universities. As well, Bar is considered to be one of the major coastal towns, and has the highest population figures. It is considered to be one of the major sea ports as well, so it is quite convenient for basing any future business.

This hotel is quite spacious. It has a restaurant with many seats, and additionally it has spacious balcony, what used to be the restaurant terrace once. It has one large and one smaller conference room that can be used as part commercial space, part restaurant.
You may find a professional kitchen, once fully equipped with all the necessary commercial kitchen elements, including the scales, work table, dish washing sink, and cold storage facility. Many of these items are usable and/or fit to be restored for usage such as kitchen air filtration system, cold storage, stoves, etc...
The 1st floor has five bedrooms with 2 bathrooms, a small kitchen and a balcony.

Each room has access to the balcony.
2nd floor is a top floor balcony that gives the possibility of constructing additional floor.
This building has a fire escape. There is one garage (7 X 2,3m), and a large plot area for a parking lot.
There is the area of approx. 400 m2 around the hotel that gives the possibility to build the additional construction, or the needed parking lot. Many palm trees are in the hotel’s garden, thus giving an option of having a designed garden area. There is sea view from the balconies. The hotel is 2000m distance from the sea. The hotel can be accessed by a very good asphalt road.


Reference number:  379 CBR
Category:  Commercial property
Location:  Montenegro > Coastal > Bar Riviera
Object data:
Statusneeds reconstruction
Overall Area300m²
Number of Rooms10
Number of Bedrooms5
N.º of Bathrooms2
N.º of Floors2
House Plot567
Distance Sea2000m
ConstructionNeeds construction work
FacingFront facing
Type of viewNo view
Financial information:
To buyYes
To rentNo
To letYes
Sale price€824,000
Leasehold€2,000
Object details:
Fitted KitchenYes
Storage RoomYes
ClosetYes
ElevatorNo
PoolNo
Parking LotYes
FireplaceNo
Double GlassingNo
Cable TV/Satellite TVNo
Air ConditionerNo
FurnishedNo
Central SuctionNo
Security DoorNo
Hydromassage CabinNo
Electrical BlindsNo
Phone LineYes
Handicap RighteousNo
InternetNo
BalconyYes
TerraceYes
GardenYes
GarageYes
View To SeaYes
View To MountainYes
View To LakeYes

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Proper Property specializes in the investment properties, off plan developments, land as well as finest beachfront, clifftop and lifestyle real estate in Montenegro.

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