Beautiful Hotel In A Unique Place

Property Description

HOTEL PELLEGRINO
PRICE: 4.015.000 €
Total area: 1672 m²
30 bedrooms | 30 bathrooms
3 apartments

Located in the heart of Medjugorje (Bosnia—Hercegovina), the 3-star HOTEL PELLEGRINO is a well-equipped hotel with a sophisticated décor that unites aesthetics and functionality. Its unique features captivate tourists, giving them a feeling of comfort, warmth, and relaxation.

The hotel of 1.154,00 m2, built in 2006 and restored in 2019, has three floors and it offers:
- 30 beautiful and bright double rooms (can accommodate up to 3 adults), each with a private bathroom (with shower) and balcony.
- 3 spacious apartments with a total area of 353 m², ideal for families, each with a large and fantastic balcony.
- on-site fully equipped restaurant
- fully equipped modern kitchen
- elevator for 6 people
- a lounge with TV exiting to an outdoor terrace from where you can enjoy the stunning views of the mountains around.
- a bus parking
Total area: 1672 m² - including the hotel building (hotel + 3 apartments) to which it is added the land surrounding the hotel.

Total capacity of the hotel: 60-75 people.
Total capacity of the restaurant: 80-90 people

The basement of the hotel includes 5 large storage and laundry rooms and a fitness room.
The ground floor includes: entrance room, office, reception, elevator, toilet, restaurant, kitchen, lounge, and terrace.

Property amenities:
- air-conditioning, heating,
- Free Wi-Fi access provided throughout the property
- Gym
- free private and secured parking
- wheelchair accessibility
- terrace.

Hotel Pellegrino has facilities that can be adapted for banquets, conferences, and meetings.

The city of Medjugorje, being known as one of the most peaceful places, is now visited by tourists from all over the world as one of the most important Catholic shrines in the world, comparable to Lourdes and Fatima, with more than 1 million visitors every year, and given the advantage of Hotel Pellegrino's ideal location, this makes it a great investment opportunity:
- 130 m away from the center of the city, extremely close to the Queen of Peace Catholic Shrine
- situated just 15 minutes walk away to Apparition Hill and 20 minutes walk away to Križevac Hill
- conveniently located restaurants and shops
- bus station and mail office lie 0.6 km away
- Mostar International Airport, the closest, is at 25 km away from the hotel.
- Kravice Falls, perfect for hiking, picnic and swimming, is about 14 km away.

The hotel is in operation and has a high guest rating; everything in the hotel is of top quality, it is very well maintained. No work required.

There is also an opportunity to purchase the neighbouring building and expand the hotel. Taking into account this possibility, this proposal acquires a significant investment attractiveness.