Commercial property in Budva, Montenegro

A modern building designed and constructed as an apart-hotel is offered for sale in the Babilonija area of Budva. The property has approximately 600 m² of total building area and includes 14 accommodation units: studio apartments and one one-bedroom apartment of approximately 45 m². Each unit has its own bathroom and a separate entrance. The ground floor includes a reception area and three studio apartments. The first floor has four studios, the second floor has two studios and one one-bedroom apartment, while the upper floor contains four additional studio apartments. The building is equipped with an elevator, air conditioning and eight parking spaces. The basement, measuring approximately 110 m², has been prepared for restaurant use. Utility connections are already in place, there are two bathrooms, and the elevator reaches the basement level. This part of the property is not yet fully finished. According to the owner, the building has legal potential for an additional roof structure or penthouse level. The property was built in 2023 to a high construction standard and was specifically designed for hospitality use. The sea is approximately 700 m away. The Grđevica stream runs next to the property, with a promenade planned along the stream toward the coast. The property represents an attractive investment opportunity for an apart-hotel, boutique hotel or other tourism accommodation concept in Budva. For more information and to arrange a viewing, please contact us.