the apartment PROJECT complex
ROYAL BAY
resort&spa 5*
resort&spa 5*
A unique project located in one of the cleanest and most picturesque places in Europe, which has no analogues on the whole coast of the Barska Riviera
THE PROJECT OF THE GENERAL COMPLEX
TOTAL AREA 14500 SQ.M.
TOTAL AREA 14500 SQ.M.
5 BUILDINGS
underground parking and restaurant with panoramic view included
105 ROOMS
from 63 up to 156 sq.m.
500 GUESTS
2-6 guests per room
SALE PRICE
€ 20 000 000
- 4 buildings with a total area of 2 481 sq.m,
- Land plot area - 7 700 sq.m.
- Complete project of the 5 star hotel complex with an area of 10 855 sq.m. with the possibility of obtaining a construction permit promptly 300 kW diesel engine
- Technical conditions for the construction of a private electrical substation
- Building equipment (furniture, appliances)
- Website with proprietary online booking system and corporate identity
ТОТАL INVESTMENT REQIRED
€ 14 500 000
YEARLY PROFITABILITY
€ 3 709 000
Margin – 40%
€ 3 709 000
Margin – 40%
Apartments Revenue - € 2 306 000
Revenue forecast based on the following occupancy rates — 80−180 days per year
Restaurant and bars - € 853 000
Entertainment - € 277 000
Water activities, rental inventory
Extra services - € 273 000
Spa, laundry, etc
Revenue forecast based on the following occupancy rates — 80−180 days per year
Restaurant and bars - € 853 000
Entertainment - € 277 000
Water activities, rental inventory
Extra services - € 273 000
Spa, laundry, etc
location
MONTENEGRO
Incredible picturesque country in the Balkan peninsula, which attracts tourists and investors with its stunning nature and favorable economic conditions.
DOBRA-VODA
Dobra Voda is recognized as one of the ecologically cleanest locations in Europe. Southern nature with beautiful landscapes, fresh air saturated with olive and oak oils, and crystal clear turquoise water.
Dobra Voda Resort is perfect for family holidays or romantic vacation. Complete privacy, unity with nature and cleanest turguoise sea water attract hundreds of thousands tourists on an annual basis from all over the world
amount to 10.5%
Dobra Voda Resort is perfect for family holidays or romantic vacation. Complete privacy, unity with nature and cleanest turguoise sea water attract hundreds of thousands tourists on an annual basis from all over the world
- Two international airports: Tivat and Podgorica at a distance of 63 km;
- Two major seaports: Tivat and Portonovi;
- Montenegro has a direct maritime route with Italy;
- There are cruise ships routs to Adriatic sea starting in Montenegro ports;
- Only 10 km away from the city of Bar
amount to 10.5%
INFRASTRUCTURE
- SPASpa complex with heated outdoor pool works all year round
- Pool with sea waterheated, the largest on the coast
- 2 Restaurants and 5 barsExquisite menu for the most demanding gourmets
- Parking for up to 90 carsUnderground Duplex
- Multifunctional Event Hallwith an area of 200 sq.m.
- Private beacheswith cumulative area of over
1000 sq.m
EXISTING COMPLEX WITH
CUMULATIVE AREA 4282 SQ.M.
CUMULATIVE AREA 4282 SQ.M.
3 buildigs
total area 2 481 sq.m.
13 rooms
from 63 up to 156 sq.m.
50 guests
2-6 guests per room
- ROYAL BAYThe hotel complex is located in a unique bay on the first coastline in a secluded place, closed from prying eyes, with private comfortable way to the beach.
On the upper floors there are spacious penthouses with large terraces. - INFRASTRUCTUREOn the territory there is a restaurant, three pools, jacuzzi, and barbecue areas, as well as a sauna with a largehot tub.
The hotel is equipped with its own backup diesel power substation, which ensures uninterrupted supply of electricity. - APARTMENTS13 apartments with floor area ranging from 63 up to 156 square meters with one, two and three bedrooms are located in 2 buildings.
The apartments are equipped with high quality Italian furniture and textiles, have big balconies or a terrace with a panoramic view of the sea. The kitchen is equipped with the necessary European appliances and premium class dishes.
Tourist flow and development
- Annual increase in investment flow
- New branches of world banks are opening
- State Development Support luxury hotel cluster: 5 star hotels do not pay utility bills during the construction stage which provides significant budget savings for the project
- Moderate tax burden
Substantial growth in government investment in infrastructure:
- The construction of the second terminal at Tivat Airport is completed
- Direct flights to major cities Europe and England during the high season
- Construction of new highways
- Reconstruction and construction of new and water supply and utilization system
ROYAL BAY
MONTENEGRO
Dobra Voda, Dubrava ul. 90A bb
info@royalbay.me
royalgroup.me
+382-68-126-126 (WhatsApp, Viber, Telegram)
MONTENEGRO
Dobra Voda, Dubrava ul. 90A bb
info@royalbay.me
royalgroup.me
+382-68-126-126 (WhatsApp, Viber, Telegram)