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Buy to let apartment in Budva

  • 2 bedroom apartment
  • Close to sea front and old town
  • buy to let property
  • Amazing offer
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Property Description

Fully furnished 2-bedroom apartment in a new 4-star hotel in the very center of Budva, located only a few steps from the promenade and the beach, Old town Budva and yacht marina. Apartment is sold with ready rental business – registered

as a commercial property unit, with rental permit and 4-star categorization by the tourism ministry, available through booking.com (booking score of 9.5) and other booking systems, as well as its own web page. Due to its great location and high quality interior it is highly popular with tourists and has occupancy of over 90% during the high season, with return on investment of 5% per annum. Apartment internal area is 78 sqm, plus a large terrace of 17 sqm accessible from both bedrooms, total surface of 95 sqm. The apartment comprises two bedrooms, comfortable living room, and dining room with kitchen, large bathroom. Apartment is fully furnished and equipped with high quality home appliances. Flat screen TVs are available in the living room and in master bedroom; the kitchen is equipped with electric stove, baking oven and dishwashing machine. The bathroom has a walk-in shower, a lavabo, WC, and bidet, washing machine. Master bedroom is equipped with a king-size French bed, a wardrobe and TV. Another bedroom has two single beds and a wardrobe. The property further benefits from a centralized cooling and heating system; high-speed wireless Internet, video interphone and a cable TV. The complex is guarded by security, has video surveillance and fire alarm. It is managed by professional property management company.

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Rental potential

  • Central Location in Budva
  • 5% expected yield
  • excellent rental potential

Location Information

Budva is the poster child of Montenegrin tourism. Easily the country’s most-visited destination, it attracts hordes of holidaymakers intent on exploring its atmospheric Stari Grad (Old Town), sunning themselves on the bonny beaches of the Budva Riviera and partying until dawn; with scores of buzzy bars and clanging clubs, it’s not nicknamed ‘the Montenegrin Miami’ for nothing.

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About IM Property Group

IM Property Group is  Property Adviser and an Investment Specialist operating in Montenegro.

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Contact Us

IM Group Limited

Ulica XVI Zgrada CFSSI
Rozino
85310 Budva
Montenegro





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