Commercial Property with Premium Tenant – Dukley Residences Budva

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.