Operating Aparthotel with 15 Apartments in Budva, Montenegro
100% operational business | Direct sale by the owner (partial business acquisition possible)
The current special price reflects a discount for the floor area still under construction. Once all procedures are completed in May 2027, the property's market value is expected to increase. By acquiring the property now, the buyer stands to benefit from potential capital appreciation.
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15 fully equipped apartments, ideally suited for both short-term and year-round rentals. The price includes parking spaces in a Class A underground garage and outdoor parking — 11 parking spaces in total. Guest rating: 9.6. Year-round occupancy: 80–90%.
The property has been operated by the same owner for over 11 years. The asset is debt-free and ready to generate income from day one.
Assets included in the price
Building: 690 m² — 15 apartments, supporting facilities, and a 135 m² panoramic rooftop terrace with mountain and sea views. Expansion potential: a lounge area or an additional floor.
Land plot: 237 m², featuring 5 secured outdoor parking spaces, professional landscaping, fruit trees, and a green recreational area within a gated, CCTV-monitored property.
6 Class A parking spaces covering 70 m² in the underground garage of a newly constructed building.
Facilities: laundry room, workshop, CCTV surveillance.
Digital assets: established Booking.com and Airbnb accounts with booking history and ratings, website, CRM, and social media accounts — all ready to be transferred to the new owner.
Key advantages
Clean legal title
Sole ownership — 1/1
All permits in place + 3-star classification
Over 11 years of successful operation
Debt-free
Exceptional parking advantage: 11 parking spaces in total — a unique and extremely rare asset in Budva
Easy administration: self-check-in and self-check-out
In-house laundry and workshop, reducing operating costs by 15–20%
Three months of support during the business handover
Montenegro's EU accession prospects offer potential for real estate value appreciation
Detailed information, a financial model, and a due diligence document package are available upon request.
Various payment options are possible, including instalments. Terms can be discussed.
Hospitality venue
Private individual
Marko Matek
Price per m²: 2486.84 €
Down payment 378,000 €
Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.
Private individual