New mini-hotel with panoramic sea views – 20 rooms

New mini-hotel with panoramic sea views – Seoce, Budva. A turnkey rental business in Montenegro, nearing completion. The property is ideally designed for launching a profitable guesthouse business. Its main advantage is the ability to fully customize the furnishings, equipment, and design elements to suit your own concept and brand.

Legal Status and Transaction Terms (Due Diligence)

Area: 1,530 m²

Price per m²: €1,290

* Utility Fees (Komunalije): All utility fees for site development and connection to infrastructure (komunalije), required for obtaining a building permit, have been paid in full by the seller. The property has no outstanding debts to the Budva Municipality.

* Permitting Documentation: A complete set of approved design, technical, and executive documentation has been obtained. All construction permits have been officially issued.

* Commissioning: The property is in the final stages of obtaining a Permit for Use (Upotrebna dozvola). The final documentation and registration in the land registry are expected in the coming days.

* Transaction Format: The sale and final payment are made strictly upon commissioning of the property and the transfer of a clean Title Deed (List nepokretnosti) to the buyer, free of any restrictions or encumbrances.

Building Parameters and Room Capacity

* Total Area: 1,530 m² (including usable roof).

* Room Capacity: 20 hotel rooms (accommodating 60 people).

* Interior Finish: Fine finishing has been completed using high-quality materials from European manufacturers.

* Utilities: Electricity and water supply are fully connected. All internal utilities and a central air conditioning system are installed.

Indoor Facilities and Pool

* Restaurant Area: A 200 sq. m. dining room for catering/buffet service. Prepared for a professional kitchen, two guest bathrooms.

* Rooftop Lounge Area (380 sq. m.): Usable roof with panoramic sea views, space for a café-bar, and ready-made utilities for two jacuzzis.

* Outdoor Area: Outdoor pool and children’s playground. The pool deck has been intentionally left unfinished so the buyer can choose the interior color or have their logo inscribed on the bottom.

* Note: All final construction work to complete and install the pool deck will be entirely at the seller’s expense.

Plumbing

Plumbing fixtures are currently not installed, allowing the buyer to choose any model and brand to suit their taste. Purchase of the selected fixtures and their subsequent installation will be entirely at the seller’s expense.

Location and plot characteristics

* Location: Seoce (Budva), close to the town and Jaz Beach.

* Plot size: 1,100 m².

* View: All rooms offer unobstructed panoramic views of the Adriatic Sea.

Parking

* Closed garage: 12 parking spaces.

* Outdoor parking: 6 parking spaces.

Design project and turnkey furnishings

The hotel has a fully completed professional design project for all furnishings. A current contract has been signed with the design agency that developed this project and is ready to promptly furnish the property.

* Specification includes: Cabinet and upholstered furniture for all 20 rooms, curtains, linens (blankets, bed linen, towels, robes, slippers), outdoor furniture by the pool, sun loungers, furniture for the rooftop lounge area, and complete furnishings for the restaurant hall.

* Total cost of furnishing: €145,000.

* Completion time: Delivery, assembly, installation, and textile furnishings for the entire hotel will take exactly 45 days.