House for sale Igalo 800m2

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. Together, both buildings present a unified investment package comprising a total of twenty-seven apartments. This unique configuration is ideally suited for a boutique hotel, apartment rental business, or private residence with commercial potential. For those looking to buy property in Montenegro, this offering is a standout option—particularly for anyone seeking luxury properties for sale along the Adriatic coast. Its proximity to beaches, wellness centers, and key cultural landmarks positions it perfectly for tourism or lifestyle development in one of Montenegro’s most established destinations. Baza Properties is your trusted real estate partner in Montenegro. We specialize in helping clients find the right land, homes, apartments, and premium developments for sale across the region. Contact us today for more information or to schedule a private viewing of this unique estate.