Sale, office space, 483m², Bar, Crna Gora

This exceptional commercial property is now available for sale in the heart of Sutomora, ideally positioned at the crossroads of the busiest streets leading to the sea, making it a prime location for acquisition. Officially registered as a commercial space, the building has a registered area of 483 square meters. However, the actual area is 100 square meters larger, and this additional space can be easily registered through a mini-project and payment of utilities, a process estimated to cost a maximum of 20,000 euros. This enhancement is in accordance with the Detailed Urban Plan (DUP) for the property, ensuring smooth registration.

The property is currently leased to the leading and largest trading company in Montenegro, "FRANCA", for a period of 10 years. With two years of the lease already completed, eight years remain. The lease terms are structured such that for the first five years, the rent amounts to 2,420 euros per month with VAT, on the condition that "FRANCA" invests 250,000 euros in renovating the building and returns it in an adapted condition after the lease expires, which has been fulfilled. For the subsequent five years, the monthly rent increases to 4,840 euros with VAT.

This property offers a unique investment opportunity with an already established tenant and guaranteed income. Contact us today to explore this exceptional property and secure your place in one of the most sought-after locations in Sutomora.