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Hotel for Sale in Bar, Montenegro

For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.
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.
For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.
8.3   Bar
Run Rate Sales
USD 1 million
EBITDA Margin
24 %
Business for Sale
USD 15.7 Mn
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Hotel for Sale in Bar, Montenegro

For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.
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.
For Sale: Beach complex with 44 apartment hotels, restaurant, beauty parlour, mini market, conference hall.
8.3   Bar
Run Rate Sales
USD 1 million
EBITDA Margin
24 %
Business for Sale
USD 15.7 Mn
Contact Business
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