Commercial property in Budva, Montenegro, 735 m²

Commercial Property with Premium Tenant – Dukley Residences, Budva

A commercial space with a long-term tenant is offered for sale in the prestigious residential complex Dukley Residences, located in the heart of Budva, near the Old Town and the seafront promenade.

Key Information:
- Location: Budva, Dukley Residence
- Area: 735.52 m²
- Price: €7,000,000
- Annual Rental Yield: 4.27% per annum
- Projected Total Investment Return (IRR): approximately 8.7% per annum
- Tenant: Voli Premium — the premium segment of Montenegro’s largest retail chain

Property Highlights:
- Fully renovated premises, completely leased
- Located on the ground floor of a high-end residential complex
- Convenient access and parking for customers
- High pedestrian and tourist traffic area
- Surrounded by hotels, restaurants, and luxury residences
- Potential for rental growth and capital appreciation

Ideal for:
- Investors seeking a turnkey rental business
- Buyers looking for a reliable asset in Montenegro’s top tourist destination