We present for sale a spacious house with a total area of 220 square meters, located on a fully fenced land plot of 309 square meters in Budva. This property is an ideal choice both for a large family and for investors looking to buy a ready-made and successfully operating rental business.
The house was completely renovated in 2021 and possesses all necessary construction permits and licenses without any encumbrances or restrictions, which guarantees the legal clarity of the transaction.
Layout:
On the ground floor, there is a large three-bedroom apartment with an area of 108 square meters, which includes three comfortable bedrooms, a spacious living room (30 square meters), a dining room (17 square meters), a functional kitchen (6 square meters), two bathrooms, and two storage rooms. A large covered terrace adjoins this floor, which is not included in the total area. On the 1st floor, the house has six double rooms, a shared living room with a kitchen (24 square meters), three bathrooms, and another large covered terrace, which is also not part of the main house area. The first floor is connected to the ground floor by internal and external stairs, which provides convenience and flexibility of use. The house also has an attic with a regular roof. According to the valid DUP (Detailed Urban Plan), construction is permitted with a floor count of P+P+2+Pk (basement + ground floor + 2 additional floors + attic), which opens up the possibility for further expansion.
The villa is successfully rented throughout the year via the Booking.com platform under the name "Sobe Nedović" and shows very high rates of return, which confirms its attractiveness as an investment property.
This is an excellent opportunity to purchase a ready-made commercial space and comfortable accommodation in one of the most popular cities in Montenegro.
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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.
Regulatory information
Agency (intermediary)
Monteonline
Registration number
-
Location
Crna Gora
Budva
Area
220m²
Structure
9 Room
Property Type
House
This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.