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Mercury Group
Excellent investment property in Kotor.
- Montenegro, Boko-Kotor Bay, Kotor
- Montenegro, Boko-Kotor Bay, Kotor
Object type:
Hotel
Land area:
400 m2
Apartment/building area:
500 m2
Category:
For sale
Price per m2 :
€ 2 700
Price:
€ 1 350 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!
Property description
ID: ME-11-60099
Excellent investment offer! For sale mini hotel with a restaurant, near the Old Town of Kotor. One of the best places in the city, you can perfectly rent apartments all year round. The facility consists of 10 apartments, a spacious terrace behind the building and a restaurant that can be converted into a commercial space for any purpose. Each apartment is well furnished, has its own bathroom, many have a mini kitchen. The apartments are spacious and bright.
Basic parameters:
Number of rooms:
10
Terrace
Outdoor parking
View characteristics:
City view
Location on Map
- Montenegro, Boko-Kotor Bay, Kotor
Object type:
Hotel
Land area:
400 m2
Apartment/building area:
500 m2
Category:
For sale
Price per m2 :
€ 2 700
Price:
€ 1 350 000
Price in EUR is approximate, taking into account currency conversion. Not all properties from our portfolio are presented on our website. If you did not find an object upon your request, leave us a request. We will send you a selection from an open database, as well as offer off market objects. We work for you!
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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Total property cost:
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