The property is located on Topovi- cliff above Herceg Novi city, in a typical Mediterranean village near old Orthodox church from XIV century. The property encompasses a total of approximately 800 m2, with terraces on three floors. Built on 2002, latest North-American construction technologies is used, lined with domestic stone. Property features independent 150 000 liter water reservoir with newest system for gray water treatment. There is a project possibility of reconstruction of the existing building and conversion to small but luxurious hotel with 12 twin-bed rooms / each with own bathroom /,a large entrance hall, an exclusive restaurant, exercise room,a small apartment for the hotel manager,and all additional services as well. Beside two existing double garages, the project predict additional 4 exterior parking places. The large garden could be converted into a sport center with 6x 12 m swimming pool, a large sunbathing terrace, beach volleyball courts, table tennis area etc. Very attractive business investment. Discounted price: 450 00 euros....very attractive. Contact : Real estate agency CENTURY 21 Rivijera doo Herceg Novi, street: X hercegovacke brigade no. 4. Email: info@century21hn.com