Land for Sale with Hotel / SPA Project in Grahovo, 1500000 euro

Land for Sale with Hotel / SPA Project in Grahovo

Land area: 4,000 m²
The property previously operated as a hotel.

All documentation is in order. Utility obligations are fully paid. Permits for reconstruction have been obtained.

Project & Development Potential

• Residential area after reconstruction: approx. 3,000 m²
• Possible total area including terraces and top level: 4,700–5,000 m²
• Basement: 300 m²
• Ground floor: 1,600 m²
• First floor: 1,000 m²
• Terraces: 600 m²
• Top floor: high attic level

All concrete works are completed, and the building structure is fully finished.
Next stage: interior finishing and engineering systems.

Possible Development Formats

Hotel

SPA hotel

Conference hotel

Large SPA complex without accommodation (bath areas, massage rooms, suites, recreational zones)

Key Feature

A SPA complex of this scale (approx. 5,000 m²) is unique within a 500 km radius.
Estimated payback period for similar projects: 2–3 years.

Territory & Surroundings

• Swimming pool and relaxation area
• Parking
• Recreational zones
• Athletic route with convenient access to the site

Location Advantages

• 30 minutes to the sea
• 1 hour 10–20 minutes to Podgorica
• Nikšić nearby
• Good transport accessibility to Dubrovnik and Trebinje
• Elevation: 800 m above sea level
• Clean mountain air, stable snow cover in winter
• Lake and forest with walking trails

This is an ideal site for creating a year-round wellness, health, and recovery center.

Price: €1.5 million

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