Tourist complex for sale, Budva Riviera

Property Description

This unique tourist complex for sale is located in the village of Markovici, a picturesque, hillside suburb of Budva, only 7km away from Budva Old Town and some of the most mesmerizing beaches of Budva Riviera. The existing complex is 752 sqm

in size and it spreads across a plot of 1816 sqm. It was built in 2008 of natural materials – stone and wood, which add warmth and a touch of tradition to the property, and keep the complex pleasantly cool during the summer months. The complex includes a restaurant which opens onto a stone terrace with breathtaking views and offers a total of 150 seats; a vaulted wine cellar 50 sqm in size; a night club capacity 500 persons with a VIP section with 20 seats, and a parking lot 300 sqm in size. The property is surrounded by a lot of greenery, a mountain river, an old mill, fountains dating back to the early 20th century and 6 Austro-Hungarian waterfalls. Mountain and sea air merge here and make the stay in the complex not only pleasant, but healthy as well. The object is supplied with city water and electricity, it comes with a dedicated phone line, alarm and security system, and underfloor heating throughout. The property offers an excellent potential for expansion. Planning documents allow for construction of additional 3+1 levels on the existing object, in the amount of 2500 sqm of space dedicated to tourism and hospitality. The project envisions a luxury hotel capacity 30 large apartments and 100 beds, a sky bar with an outdoor pool capacity 150 persons, a children’s playroom, a beauty salon, a shop, a gym, an indoor and an outdoor terrace. For more information feel free to contact IM Property Group via email at contact@improperty.group or call +38233680912