Investment offer in Petrovac — 670,000 euros
A great opportunity for investors! A house with apartments is for sale in Petrovac, one of the most popular resort towns in Montenegro. This is a unique chance to purchase a property with high income potential, located just 500 meters from Lucice beach, surrounded by a picturesque olive grove.
The main characteristics of the property
Price: 670,000 euros
Total area of the building: 833 m2
Land area: 587 m2
Number of floors: 3 floors
Number of apartments: 19 apartments
Communications: Electricity 64 kW, centralized water supply, septic sewerage
Parking space: Have
The building is divided into eight blocks, each of which is registered in the cadastre separately, which allows them to be sold separately. Each unit can be independently fenced off by a door, which makes it convenient for renting. The ground floor of the building includes one large apartment, an auxiliary apartment and two small apartments.
Advantages of real estate
Each apartment is fully renovated, furnished and equipped with household appliances. The apartments offer magnificent sea views, and each apartment has a spacious terrace where you can enjoy the fresh air and Montenegrin sunsets. The property is ideal for short-term rentals to tourists, providing high income during the holiday season.
Lucice Beach, located just 500 meters away, is famous for its cleanliness and picturesque nature, which makes this offer especially attractive for tourists. Petrovac is a popular destination among travelers from all over the world, which guarantees high occupancy of apartments in high season.
Opportunities for investment and use
This apartment building provides excellent opportunities for both renting and reselling individual blocks. Investors can consider the option of selling each block or apartment separately, which significantly increases the profitability of the project.
Based on current market trends and the high demand for tourist real estate in Petrovac, one can expect rental income in the season up to 800-1200 euros per month for one apartment. This is a great opportunity for those who are looking for promising investments in real estate on the Montenegrin coast.
Obtaining a residence permit in Montenegro
When buying real estate in Montenegro, foreign citizens have the opportunity to obtain a residence permit (residence permit). This simplifies long-term residence in the country and provides access to the local social and medical system.
Real estate market in Montenegro: price growth over the last 5 years
Montenegro is attracting more and more foreign investors due to the steady growth of the real estate market. Over the past 5 years, real estate prices in coastal areas such as Petrovac have increased by 6-10% per year. The main growth factors are the attractiveness of the region for tourists, favorable conditions for investors and a stable economic situation in the country.
Buying this property in Petrovac is not only a contribution to quality housing on the coast, but also a long—term investment with high income potential.
Do not miss the chance to become the owner of a unique property on the coast of Montenegro!
