Mini-Hotel 288 m² in Budva on a 472 m² Plot — 800 m from the Sea, €550,000
This three-storey mini-hotel in Budva represents a ready-to-develop property for a tourism business in one of the most sought-after locations on the Montenegrin coast. The building offers 288 m² of total floor area, while the land plot measures 472 m². The sea is approximately 800 metres away.
The property combines commercial potential with the possibility of creating private living space for the owner. It is suitable for an investor looking to acquire a property with potential income from tourist accommodation, as well as for an entrepreneur planning to relocate to Budva and combine business activity with permanent residence.
Property Details
- Property type: three-storey mini-hotel
- Total floor area: 288 m²
- Land plot: 472 m²
- Number of rooms: 14
- Bedrooms: 8
- Bathrooms: 6
- Distance to the sea: approximately 800 m
- Price: €550,000
Commercial Potential
The layout with 14 rooms allows the property to operate as a small-scale hospitality business offering accommodation to tourists, particularly during the high season. Its proximity to the coast makes it possible to target guests who value easy access to beaches, restaurants, entertainment and urban infrastructure without the premium associated with direct first-line locations.
The 472 m² private land plot is an additional advantage. Having dedicated outdoor space provides greater flexibility in operating the property and creating a more attractive hospitality concept.
Budva as a Tourism Destination
Budva remains one of the principal tourism centres on the Adriatic coast. The town combines beach tourism with well-developed urban infrastructure and a wide range of hospitality and leisure facilities. Restaurants, cafés, shops, supermarkets, service providers and entertainment venues operate throughout the city, making Budva suitable not only for short-term holidays but also for long-term living.
The historic Old Town, enclosed by medieval fortification walls, contributes to Budva's distinctive tourism appeal. Popular coastal destinations include Mogren Beach and the island of Sveti Nikola. During the summer season, Budva becomes a major centre of tourist activity, while throughout the rest of the year it remains one of the principal urban and service centres on the coast.
For Investors
Acquiring this mini-hotel offers the opportunity to purchase not only real estate but also a foundation for an independent hospitality project. Potential operating models may include short-term accommodation, seasonal rentals or the development of a specialised hospitality concept.
When assessing the investment potential, the building and plot size, number of rooms, proximity to the sea, condition of