Mini-hotel for 1,200,000 euros, Shushan, green belt
For sale a 4-storey mini-hotel in Shushan, green belt, with a total area of 862 m2. The hotel is ideal for investment, due to its convenient location just 5-10 minutes walk from the beach, beautiful views of the mountains and the sea, as well as opportunities for further development. This property includes two combined plots and offers guests comfort and high-quality service.
Characteristics of the property
Price: 1,200,000 euros
Land area: 862 m2
The area of the house: 709 m2
Number of floors: 4 floors + attic (storage room)
Apartments: 11 two-room, 4 one-room, all with kitchens, amenities, furniture, air conditioning and TV
Facility infrastructure
1st floor: relaxation area with mini pool and hydromassage, sauna, shower room, 3 apartments, laundry room and storage room
2nd floor: garage for one car space, 3 apartments
3rd and 4th floors: 3 two-room apartments on each floor
All apartments are equipped with modern furniture and appliances, including air conditioning and heating systems, satellite TV, Internet, filtration and heating system in the pool.
Additional features
Plot 2 (414 m2) has a building permit, which opens up an opportunity for business expansion. A spacious parking lot can be arranged in the immediate vicinity, which will make the stay of guests even more convenient.
Sights and attractions of the region
Shushan is a quiet area surrounded by natural beauty, with unique views of the sea and mountains. The town of Bar, located nearby, is famous for historical attractions such as the Old Bar and St. John's Church. The weather in the Bar is favorable for year-round living and recreation: in summer the temperature reaches 25-30 °C, and mild winters make the region attractive for long-term investments. There are often famous personalities in the area who choose a Bar for a quiet and secluded holiday.
Economic attractiveness
Investing in the hotel business in Shushan opens up great prospects due to stable rental demand and proximity to the sea. The mini-hotel can be rented both seasonally and year-round, receiving a stable rental income. The projected increase in real estate prices in the region supports the attractiveness of investments in this facility, which will ensure a high return on invested funds.