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Two Villas with Nine Apartments in Sutomore, Montenegro

€1,200,000€1,967/m²

Sutomore, Bar, Montenegro

  • 12

    bedrooms

  • 11

    bathrooms

  • 610 m²

    interior

  • 950 m²

    plot

  • Apartment

    property type

  • 2 weeks ago

    listed

The Habio take

AI summary

This unique property features two villas and nine apartments, perfectly positioned for rental income in Sutomore. Located just steps from the Adriatic Sea, it combines luxurious living with a thriving business opportunity.

  • beach
  • investment
  • rental income
  • luxury
  • walkable
  • coastal

Highlights

  • Prime location near the beach
  • Established short-term rental business
  • Move-in ready with all furnishings
  • Nine fully equipped apartments
  • On-site mini-market for guest convenience
  • Outdoor entertainment facilities including barbecues

Worth knowing

  • Property may require ongoing management
  • Potential competition from nearby rentals

Good fit for: Ideal for investors seeking a profitable venture in a popular tourist destination.

Lifestyle scores

Beach
90
Walkable
80
Remote work
60
Family
70
Retirement
75
Airport access
70
Investment
85
Luxury
80
Value
75

About this place

Discover this exceptional investment opportunity comprising two villas with a total of nine apartments in the scenic town of Sutomore, Montenegro. The property is fully operational since 2005 and is strategically located close to the sandy beaches that attract tourists each year. With its unique mix of luxury living spaces and income-generating rentals, this property is ideal for those looking to invest in a thriving vacation spot.

The main house features a spacious 450 square meter residence, providing a comfortable private living space with three bedrooms and two bathrooms, suited for the owner or property manager. On the upper floor, five well-equipped apartments offer each guest a kitchenette and bathroom, catering to their holiday needs. Additionally, a modern guest house, constructed in 2020, includes four furnished apartments, enhancing the rental potential.

The property comes complete with twelve bathrooms, eleven kitchens, and numerous amenities tailored for a memorable guest experience. Guests can enjoy seven terraces for relaxation, while outdoor barbecues provide an excellent venue for social gatherings. The on-site mini-market operates year-round, ensuring convenient access to essentials. This property is move-in ready, including all furniture and appliances, making it an attractive venture for new owners looking to capitalise on Sutomore's growing tourist industry.

What this place offers

  • swimming pool
  • parking
  • terrace
  • garden
  • furnished
  • solar panels

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