This exceptional property for sale in Crna Gora is located in the attractive coastal settlement of Igalo, just a few steps from the sea. Only 100 meters from the famous Blatna plaža, 300 meters from Titova vila, and 400 meters from Institut Dr. Simo Milošević, the property has an outstanding position right by Dubrovačka ulica, with an open view of Bokokotorski zaliv.
Originally planned as a family hotel, the main building, approximately 800m² in area, was designed as a multifunctional property. Today it consists of four fully equipped apartments, twelve studio units, a commercial space of 100m² currently operating as a market, a tourist agency, and a large family apartment that occupies the entire second floor. The property is fully registered, free of encumbrances and mortgages, and ready for sale. There is also a legal possibility to expand and upgrade the property in accordance with the urban plan.
In addition to this property, the owner recently purchased an adjacent property with eleven additional apartments and a garage. Both properties can be sold together as a whole, resulting in a total of 27 residential units. This configuration is ideal for managing a boutique hotel, renting apartments, or a combination of private living and commercial activity.
For all who wish to buy property in Crna Gora, this offer represents an outstanding opportunity, especially for those looking for luxury properties for sale near the sea. Thanks to its proximity to the beach, health tourism, and cultural sights, this is an ideal destination for investment or personal use.
Baza Properties is your reliable partner for real estate in Crna Gora. We specialize in the sale of land plots, houses, apartments, and luxury projects nationwide. Contact us for more information or to schedule a viewing.
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.
Average prices of houses - Herceg Novi
Herceg Novi
Montenegro
This property's price is 14.38% higher than the average price of a in Herceg Novi
Average price: 2868.76 €/m²
This property is 280.59% larger then the average size of a in Herceg Novi
Average size: 210 m²
2,869 €
Average annual price
+18%
Price trend (annually)
397
Days on the market
Regulatory information
Agency (intermediary)
Baza Properties
Registration number
-
Location
Crna Gora , Herceg Novi
Area
800m²
Structure
Unknown
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.