Exclusive business center on the first line of the sea – Šetalište, Budva
A unique investment property located in one of the most attractive locations on the Montenegrin coast — directly on the promenade, in the first line to the sea — is up for sale. We are talking about a fully operational business center with stable, diversified incomes and a clearly defined return on investment, which makes this offer extremely rare on the market.
The total gross area of the property is 1,270 m² and is functionally organized to combine commercial contents and a boutique hotel, creating a strong and stable income throughout the year.
On the ground floor of the property there is a commercial space leased to a renowned international chain, which generates a monthly income of €20,000. Thanks to its prime position on the promenade and the high frequency of tourists and local residents, this purchase represents a stable and long-term source of income. In addition, there are additional commercial spaces on the ground floor — a massage parlor and a souvenir shop — with active buyers, which diversifies and secures the income.
The property also includes a boutique hotel with a separate entrance, which has 12 accommodation units. The hotel generates an average annual income of approximately €200,000, with excellent occupancy during the tourist season and exceptional demand due to the location on the sea coast. The operation is well-maintained and functional, without the need for additional investments.
Thanks to the combination of long-term commercial purchase and hotel business, the object provides a stable and predictable cash flow. Based on current incomes, the estimated period of return on investment is about 10 years, which represents a very attractive price-to-income ratio for a premium location like Budva.
Such properties on the first line of the sea almost do not appear on the market, which further emphasizes the investment potential and long-term security of capital.
