€15,000,000€960,000/EBITDA

- The hotel is located on the first line of the Adriatic Sea. - There are 44 apartments in the hotel, designed as De Luxe apartments with areas ranging from 48m2 to 100m2 with high ceilings and balconies overlooking the sea. ...

€15,000,000€960,000/EBITDA
€960,000

Businesses for sale in Montenegro

Montenegro, nestled in the heart of the Balkans, is a hidden gem of Adriatic allure and mountainous grandeur. The coastal jewel of Kotor, winds through medieval streets beneath towering cliffs. Budva's ancient city walls blend with lively beaches along the Adriatic. The rugged beauty of Durmitor National Park unveils pristine lakes and dramatic canyons. The Bay of Boka Kotorska, Europe's southernmost fjord, beckons with serene waters and charming villages. Montenegro's rich history, from ancient Illyrians to Venetian influences, echoes in its cultural tapestry. With warm hospitality and diverse landscapes, Montenegro invites exploration into a realm where history meets coastal splendor.
 

– The hotel is located on the first line of the Adriatic Sea.

– There are 44 apartments in the hotel, designed as De Luxe apartments with areas ranging from 48m2 to 100m2 with high ceilings and balconies overlooking the sea.

– The luxurious a-la-carte restaurant has its own terrace with panoramic glazing and automatically-shifting roofing. It can accommodate as much as 365 people.

– The hotel’s occupancy rate is 100% in high season and 30-50% in low season, making it highly competitive.

– We also organize weddings, birthdays, business lunches, seminars, cocktail parties.

– Hotel receives guest from all over the world.

– The apartment-hotel with the restaurant is one of the few complexes of this level that is working in Montenegro all year around.

– As a consequence of the pandemic, sales have fallen due to fewer visitors.

– Business is located in Montenegro and is listed on the platform by a management member based in Kazakhstan.

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