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CMM Group offers hotels for sale in Montenegro

Montenegro has become a popular destination for travelers thanks to its stunning coastline along the Adriatic Sea, charming medieval towns, and magnificent natural landscapes. As a result, the hotel market in Montenegro is thriving, and hotels for sale in the region offer great investment opportunities. Whether you are looking for a boutique hotel nestled in a coastal town like Budva or Kotor, or a larger resort in the Bay of Kotor, CMM Investment Consulting Group hotel for sale offer has various options to suit different budgets and needs. The Montenegrin tourism industry has been growing steadily, and the government has made efforts to encourage foreign investment, including in the hospitality sector.

CMM Group Consulting: Why invest in hotels in Montenegro?

As said previously, Montenegro has experienced a significant increase in tourism in recent years, attracting more and more visitors. This has fueled demand for high-quality accommodations, so purchase a property such as hotel can be very lucrative investment.

For example, purchase a hotel in Kotor near by the sea can be a perfect long-term gain.

Also Montenegro's government has been supportive of foreign investments, including offering incentives for businesses in the hospitality industry.

It is essential to mention favorable tax and business environment: with low corporate taxes, a relatively easy and straightforward business registration process, and a growing real estate market, this coastal beauty is considered one of the most investment-friendly countries in the Balkan region.

Bear in mind the country’s diverse landscapes—mountains, rivers, lakes, and beaches— which attract tourists all year-round, making it ideal for various types of hotels, whether it's a luxurious resort for sale, a boutique hotel or a small hotel in the seafront.

What to do after purchase a hotel?

When considering hotels for sale in Montenegro, there are several strategies and paths you could take depending on your investment goals, resources, and expertise. Here are few options to consider:

Renovate and modernize

If you come across a hotel property in a prime location that needs upgrading, renovation can be a smart option. You can invest in refurbishing, furnishing and decorating the hotel to attract both tourists and locals. This could also increase the property's value significantly. Visit our services page and find out all that CMM Group can do for you if you decide to buy a hotel and to redesign it.

Upgrade to new hotel

In growing tourist hotspots like Tivat, Herceg Novi, and along the Budva Riviera, there may be opportunities to buy an existing property to develop new hotels or resorts. The increasing number of international tourists to Montenegro means there is a growing demand for accommodations. With careful planning and design, you could create a new, luxury destination that will attract lots of tourists.

Short-term rentals

If you’re interested in a more flexible business model, consider converting a hotel property into short-term rental apartments or other monthly rental property. This option allows you to cater to the growing demand for vacation homes, where tourists can rent out individual apartments or homes instead of staying in traditional hotel rooms.

CMM Group advices when buying hotel property for sale

Finding the best hotels for sale in Montenegro largely depends on your investment goals and budget, whether you are looking for a boutique hotel, a luxury resort, or something else. However, there are a few things that should be considered when you decide to purchase a hotel:

  • Location: This is a key point in determining the property's value and its potential for attracting guests. Coastal properties are generally more expensive but can offer high returns, especially in peak season. Our high experinced agents will do their best to find a perfect location for you.
  • Size: Consider whether you want a small hotel or a larger property with more units and greater potential for renting.
  • Condition: Some properties may need significant renovations. Make sure you factor in the costs and time needed to get the property up to modern standards.