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Turnkey Mini-Hotel 358m², Sea View, 10 Apartments – Pržno, Budva

$2,349,380

Pržno, Opština Budva, Crna Gora, Budva, Montenegro

Active
Last Updated: 06/04/2026

65

Cap Rate

45,000

NOI

Details:
Cap Rate:    65%
NOI:    $45,000
Cash-on-Cash:    55%
Pro Forma Cap Rate :    8%
Building Size:    358 sqm
Lot Area:    386 sqm
Keys:    10
Star Rating:    3
ADR:    $90
Average Room Size:    35 sqm
Year Built:    2026
Floors:    3
Highlights:
  • Estimated gross rental yield of 5–7%, based on Budva Riviera seasonal demand — making this a compelling investment on the Adriatic coast.
  • Property video https://www.youtube.com/watch?v=CGKRwwKEYnc
Description:

Mini-hotel on the second line from the sea in Pržno, Budva. Ground, first, and second floors each contain three apartments of 28–42 m². All three ground-floor units have direct access to a 236 m² yard landscaped with olive groves and Mediterranean greenery. The third floor features a penthouse of 89 m² with a panoramic sea-view terrace. Every unit is fully air-conditioned and equipped with a kitchen, private bathroom, and terrace exit.


Reception / front desk
Video surveillance
Penthouse with sea panorama
236 m² landscaped yard
All units fully furnished
Air conditioning in every unit
Private bathroom per apartment
Ready for rental operation
Beach · walking distance – Budva Old Town · 8 km – Tivat Airport · 25 km

Map:
Location
Gallery