Type: House For Sale District: Herceg Novi Location: Igalo Address: Herceg Novi, Crna Gora Price: €2.625.000
Description: This exceptional investment property for sale in Montenegro is located in the sought-after coastal town of Igalo, just steps away from the sea. Positioned only 100 meters from the renowned Blatna Beach, 300 meters from Tito’s Villa, and 400 meters from the Dr. Simo Milošević Institute, the property enjoys a highly attractive and accessible location on Dubrovačka Street, offering panoramic views of the Bay of Kotor.
Originally envisioned as a family hotel, the main building of approximately 800m² was constructed with a multifunctional design. Today, it features four fully furnished apartments, twelve studio units, a 100m² commercial space currently operating as a market, a tourist agency, and a spacious family residence occupying the entire second floor. The structure is fully owned, with clear title, and no mortgages or encumbrances, making it ready for immediate sale. The property also offers the legal potential for further expansion or redevelopment, subject to municipal planning.
Adding to this already rare opportunity, the current owner has recently acquired an adjoining building with eleven additional apartments and a garage....
Add Listing (Free!)
Login
