The building is located right on the main road Pavaresia in the Durres beach area near the Palace hotel or near the Vivas hotel. The property has 420m2 of land and 730 m2 of construction spread over 5 floors. The ground floor is a bar restaurant while the upper floors are divided into apartments and rooms suitable for daily rental. The initial project of the building consisted of a capacity of 16 hotel rooms with 4 rooms on each floor, but there have been changes in the organization and currently, we have 1 apartment 3+1, 2 apartments 1+1, and 7 studios. The land is fenced, and the front part is utilized by the tables of the bar and restaurant. The building could also have an external elevator added, which could increase the value of this property. The hotel needs renovations and additional investments to become more modern and meet high standards, but its location right on the main road makes it a strategic point and a great advertising opportunity due to the traffic that Pavaresia road provides, especially in the summer season. This property offers all the perfect opportunities to exploit its full capacity as a Mini-Hotel and could be a good investment opportunity for each investor in the field.
For more information or to schedule a visit to the property, contact us!
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