House for sale in Ulcinj

Hotel / Apartment Complex for Sale – Prime Coastal Investment ? Location: Utjeha ? Distance to Sea: Approx. 150m ? Building Size: 400m² ? Plot Size: 401m² ? Constructed in: 2018 Property Overview: This turnkey hospitality investment features a well-maintained apartment complex in a peaceful coastal setting, ideal for seasonal rentals. With a strong rental history and 9.0 Booking.com rating, this is a ready-made opportunity for investors in Montenegro’s growing tourism market. Apartment Breakdown: ? 4 One-Bedroom Apartments (35-37m² each) ? 6 Studio Apartments (28m² each) ? All units fully equipped with mini kitchens, private bathrooms, and small balconies (~3m²) offering partial sea views. Key Features & Amenities: ✅ Rooftop Terrace (130m²) – Half for guest use with a BBQ & seating area, half with 6 solar panels for energy-efficient water heating. ✅ Self-Sufficient Water Supply – 50m³ private water tank, refilled as needed. ✅ Low Operating Costs – Average electricity expenses ~€500/month in season, solar-powered water heating. ✅ Quiet Coastal Location – 2-minute drive to amenities and restaurants within 5 minutes walking. ✅ Excellent Rental History – Successfully rented out for the last 5 years with consistent high ratings. Investment Potential: ? Minor Renovations Required – Estimated €7,000 - €10,000 investment for basement finishing and minor roof maintenance (rainwater management improvements). ? Legalization Process Initiated – Ongoing but not yet finalized. ? Fully Functional & Ready for the Season – Can start generating rental income immediately with minimal preparations. A perfect opportunity for investors looking for a profitable, low-maintenance coastal rental property with high occupancy potential. ? For more details or to schedule a viewing, contact us today!

House for sale in Ulcinj

Apartment complex 400 m<sup>2</sup> for sale

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