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VILA KORAL 21. street no. 17, 85300 Petrovac, Montenegro +381 63 221830

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VILA KORAL 21. street no. 17, 85300 Petrovac, Montenegro +381 63 221830

Unique opportunity

Buy a modern villa in Petrovac, Montenegro.

  • 13 apartments

    50 beds
  • 1 luxury apartment

    50 m²
  • Fully developed business

    19 years, 100% occupancy
  • Possibility of expansion

    On two additional parcels
  • Possibility of partnership

    Villa can be divided with separate entrances

Villa of 600 m², with 13 apartments and a swimming pool for sale

The villa has 13 modernly equipped apartments with 50 beds and one luxurious apartment of 50m². All apartments have air conditioning, cable TV, personal safe, kitchen, bathroom, and wireless internet.

The spacious yard has a swimming pool, two summer houses, a brick barbecue for guests, and two beautifully designed fountains.

Location, the number of floors, and additional parcels

Villa Koral is located in Petrovac, Montenegro. The villa has 600 square meters, three floors, and lies on a parcel of 555 m2. Since the regulations changed in the meantime, you can build only one additional floor to the villa. To expand the estate you may purchase two additional parcels of roughly 250-300 m². You may use these parcels to construct a new facility near the villa with over 800 m².

Petrovac, Montenegro

The villa is located in a quiet part of the city and is only 300 meters away from the sea and city beaches.

Look at the map

Additional 2 plots

You can expand the property on two additional urban plots and build.

Apartments

The villa has 13 apartments with 50 beds for tourist accommodation. The business is fully developed, and occupancy is 100%.

Virtual tour

The apartment rental business is very profitable and has a 19-year tradition. Occupancy is 100% every season. During the tourist season, all capacities are 100% booked, because the villa is highly positioned on Google and Yandex search engines, thanks to excellent reviews from satisfied guests. It has a rating of 9.9.

look at the apartments

The villa has contemporary and modern equipment, Spanish and Italian ceramics, sanitary ware, and furniture. Vila Koral includes central boilers, which supply all apartments with hot water. It has a tank of 5000 liters filled from the spring, and you can use it for technical water. Also it has a central cleaner.

look at the apartments