Budva, Montenegro
- PROPERTY TYPE
Commercial Property
- BEDROOMS
16
- BATHROOMS
16
- SIZE
19,375 sq ft
1,800 sq m
Key features
- Unique dual-income commercial and tourism investment project in Lap i i, Budva
- Residential complex with 16 fully equipped apartments and 4 office spaces
- Panoramic views of the Budva Riviera from 600 meters above sea level
- Includes a dedicated event space, cozy café-bar, and a rooftop jacuzzi
- Strategic roadside petrol station located along the heavy-traffic Budva-Podgorica highway
- Flexible purchase options to buy the full project or the residential complex alone
- Excellent location combining coastal proximity with a peaceful mountain retreat
- Clear building permit for the core property with clean underlying title deeds
Description
This project offers a stable return on investment through tourist accommodation and constant income from the petrol station and is particularly attractive to investors who wish to combine various sources of income in one location.
Residential complex (net building area: 1,800 m²)
This is the heart of a thoughtful community in the hills above Budva. The complex comprises 16 comfortable, well-designed apartments, a secluded event space and a café-bar. Situated approximately 600 metres above sea level and only 8 km from Budva, the project offers a rare combination of a sense of calm and space, while still being close to the coast, the city and key attractions. The project is designed for those who seek simplicity, balance and a place to slow down - whether for a few days or for a longer period.
With its use of natural materials, panoramic views and practical design, the event space (520 sqm) is ideal for small gatherings, creative workshops or work sessions. The café-bar (70 sqm) - is a cozy place to chat, read or simply contemplate the beautiful views. All these elements together create a place that supports a variety of lifestyles: from remote work and short weekend trips to a quiet family holiday or a creative reboot. The complex also has a professional laundry.
The complex offers 16 fully equipped modern apartments and 4 office spaces designed for seasonal and long-term accommodation, as well as for remote work.
The hotel building (2P+S+P) with an area of 522 sq.m was built in 2017. Additional commercial premises have areas of 147 sq.m, 114 sq.m, 322 sq.m and 349 sq.m. There are no encumbrances or restrictions on the area of 932 sq.m, which is confirmed by the building permit. For the possible legalization process of other areas, it is necessary to submit an application in accordance with the current legislation of Montenegro.
Unique investment potential
Strategic location on the Adriatic coast.
Developing tourism industry.
Attractiveness for foreign investors.
Stable political climate and stable currency (euro).
Natural diversity and beauty: coastline, mountains, lakes and 5 national parks.
Growing real estate market: high demand for luxury, tourist and residential properties.
More than just real estate, - is a concept that changes the way people live, work and relax in the heart of Montenegro.
Strategic location with easy access from the main highway makes this place ideal for both short stops and overnight business trips. The complex offers one of the most breathtaking panoramic views of the Budva Riviera, clean air, peace and untouched nature, being only a few minutes away from the dynamic Budva. The exclusive rooftop with a Jacuzzi offers high-class wellness services.
Gas station
The petrol station is located along the main Budva - Podgorica road. Its strategic location near Budva (the capital of tourism) and Cetinje (the cultural centre), high visibility, and heavy traffic, including tourist transport, ensure a constant flow of customers.
The petrol station infrastructure includes:
* gas station (448 sq. m);
* commercial premises (127 sq. m);
* extension (35 sq. m);
* the area of the site adjacent to the gas station buildings is 2675 sq. m.
Price
* Complex including gas station - 6,550,000 euros.
* Complex without a gas station - 3,250,000 euros.
Budva, Montenegro
NEAREST AIRPORTS
Distances are straight line measurements- Tivat(International)10.9 miles
- Podgorica(International)23.6 miles
Notes
This is a property advertisement provided and maintained by Monteonline, Tivat (reference 82139) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.




