Magnificent new motel in Igalo, Herceg Novi
General information about the motel
For sale is a new magnificent motel located in Igalo, just 22 km from the international airports of Tivat (Montenegro) and Chilipi (Croatia). This facility is ideal for both business and investment in tourist real estate.
Characteristics of the motel:
Year of construction: 2012
Number of floors: 3 floors
Total number of beds: 36
Parking: 3000 m2, large parking lot next to the hotel
Number of rooms: 16 (8 on the second floor and 8 on the third)
Terrace area: 125 m2
Description of the interior
Ground floor:
Reception, restaurant, bar with bar counter
Fully equipped kitchen and storage room
Toilets for staff and visitors
Modern climate control and ventilation system in the restaurant
The wall decor is made in the technique of "Venetian plaster"
Second floor:
8 bedrooms (5 with balconies, 3 without)
A spacious terrace where breakfast is served for guests and a relaxation area is equipped
Third floor:
8 bedrooms and a laundry room
Each room is equipped with:
Air conditioning
Underfloor heating in the bathroom
, TV with satellite and local channels
Access control system via a plastic card
Advantages of the location
The motel is located in close proximity to all urban infrastructure facilities, including a sports complex, tennis courts and a medical and preventive sanatorium named after Simo Milosevic. Igalo is famous for its mineral springs and natural beauty, which makes it an attractive resort for tourists from all over the world.
Investment opportunities
Buying this motel is an excellent opportunity to run a successful business in the tourism sector. Given the growing interest in Montenegro as a tourist destination, the possible rental income can reach 60-70 euros per room per night in high seasons. There is also the possibility of expanding the business: the construction of a swimming pool, SPA or even a casino, which will attract even more tourists from Europe and neighboring countries.
Obtaining a residence permit in Montenegro
When buying a property in Montenegro, you can get a temporary residence permit (residence permit), which will allow you to live and work in the country. This process is quite simple if you are the owner of a property worth 100,000 euros or more.
Analysis of real estate price growth
Over the past 5 years, real estate prices in Montenegro have shown steady growth, on average by 5-7% annually. Igalo and Herceg Novi, due to their tourism potential, are in particularly high demand, which makes investments in these regions profitable and promising.
Contact us to learn more about this unique offer and arrange a viewing of the motel!
