h7021 Hotel for sale 30m from coast, Herceg Novi, Montenegro

Description:

- Living area: 1439 m2

- Land area: 1370m2

- 30 m distant from the shore

The hotel contains:

- 16 rooms (suites) with 37 regular beds plus 11 extra beds

- 5 personal room with 2-4 beds

- apartment of 210 m2

- reception

- laundry room

- coffee bar with 40 seats

- outdoor swimming pool and a terrace, total area: 203 m2

Above the coffee bar is a terrace "Vidikovac" of 160 m2.

- large terrace with a garden

- restaurant with 180 seats plus terrace with 120 seats

- pizza and spaghetti house (restaurant and street sale)

- terrace on the promenade with indoor and outdoor restaurant, total area: 359 m2.

Below the hotel is a beautiful sandy beach

- cooling/ heating and solar system

There is a preliminary design for the reconstruction and expansion of the hotel provided by Detail Urbanist Plan, which is still in process of adoption. Reconstruction and upgrade includes: - apartment of 210 m2 can be transformed into 4 luxury suites

- reception extension

- elevator installation

- laundry room extension

This changes opens up a new space for sauna, solarium, gym, etc. Tranformation of the existing pool and coffee bar into the apartments leeds to:

- new facilities - 10 new apartments

- large terrace of 250 m2 above the apartment suites can be extended to approx 510 m2- this terrace can be connected with the terrace “Vidikovac” of 160 m2. On that terrace can be built a swimming pool - open and closed, (pool technology already exists and there is no need for building permit considering this activity).

After the reconstruction, capacity of the hotel will include 100 beds plus 25 extra beds.

The total reconstruction and extension work would cost 600.000,00 – 700.000,00 € (this is an architect evaluation). Final result would be the hotel with 4 stars.