Location:
Situated in the quiet area of Lazi in Budva
Bungalow Price:
€182,700+
Annual Yield:
5–8%
Specifications:
- Total Area: 58 m².
- Bedrooms: 1 Bedroom.
- Bathrooms: 1 Spacious Bathroom with a shower.
- Parking: 1 on-site parking space included, with the option to buy an additional garage space.
- Furniture: Fully furnished with all necessary equipment.
- Views: Panoramic views of the Sea, Mountains, City, and Garden.
Premier Amenities:
- Property Cost: €182,700+
- Annual Yield: 5–8% Projected (Original 3–6% plus 2% markup).
- Management: Full professional property management is available.
- Condition: Secondary market property in a “Ready” stage with all permits in place.
- Ownership: Full ownership rights.
This spacious one-bedroom apartment offers a harmonious living space with classic architecture and light-colored interiors. The home is designed for functionality, featuring floor-to-ceiling glass panels in the living room that fill the area with natural light. Residents can enjoy panoramic views of the sea, nearby islands, and the city landscape from every room, with the living room and bedroom opening directly onto a private terrace.
The Potential:
- Location: Situated in the quiet area of Lazi in Budva.
- Sea: Located just 1 km from the coastline.
- Infrastructure: Shops, cafes, restaurants, pharmacies, and beauty salons are within 100 m.
- Airport: Conveniently reached within 20 km.
- Surroundings: A peaceful neighborhood that offers a mix of city convenience and natural greenery.
Why This Deal Stands Out:
This property stands out due to its rare combination of a quiet residential setting and instant access to Budva’s vibrant infrastructure. With a boosted projected yield of up to 8% and a “Ready” status, it offers an immediate return on investment. The inclusion of premium features like floor-to-ceiling glass walls, panoramic sea views from every room, and professional management makes this a high-value asset in a top Mediterranean tourist destination.
Considerations:
While the property includes one parking space on the territory, serious investors may want to consider purchasing an additional underground garage space for added value. The building is well-equipped with modern amenities, including an elevator and a barbecue area, ensuring a high standard of living for tenants or owners. This is a straightforward secondary market purchase, perfect for those seeking a fully furnished, functional home in a proven rental market.
Expert Guidance on Your
Investment
I will provide a tailored strategy based on your specific financial goals and family requirements.