Description

The “THE LAP” complex has been designed for investors and hospitality professionals seeking a sustainable long-term business model on the Montenegrin coast while maintaining complete autonomy and flexibility in managing the property.
This multifunctional development offers a rare combination of a luxury aparthotel, business center, and a location that successfully overcomes the challenges of coastal seasonality.
Situated in the village of Lapčići, above Budva, at one of the most spectacular viewpoints on the Budva Riviera, the property enjoys uninterrupted panoramic views of Budva, the Adriatic Sea, and the surrounding landscape, making it an exceptional investment opportunity with strong profit potential.
Key Legal and Sales Advantage
One of the property’s greatest advantages is that the entire building has been fully subdivided into individual condominium units. Every residential and commercial unit has its own separate title deed registered in the Land Registry.
This ownership structure provides maximum flexibility for the future owner or investor. The complex may be operated as a single hospitality or commercial business, while each apartment or commercial unit can also be sold individually on the real estate market.
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LOCATION & ENVIRONMENTAL ADVANTAGES
• The complex is located at approximately 600 meters above sea level, offering the perfect combination of fresh mountain air and permanent panoramic sea views.
• Panoramic Views: Positioned on the hillside, the property boasts one of the finest unobstructed views over the entire Budva Riviera and the Adriatic Sea.
• Excellent Accessibility: The property is situated directly alongside the main Budva–Cetinje–Podgorica highway, ensuring outstanding visibility, convenient access, and continuous traffic from private vehicles and tourist buses.
• Distances to Key Destinations:
o Budva town center: 8 km (approximately 15 minutes)
o Bečići Beach: 9 km
o Cetinje: 22 km
o Podgorica: 56 km
o Tivat International Airport: 30 km
o Podgorica International Airport: 57 km
• Natural Surroundings: The location offers complete peace, privacy, and clean mountain air while remaining within easy reach of Montenegro’s major urban and tourist centers.
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TECHNICAL SPECIFICATIONS & PROPERTY STRUCTURE
The architectural concept follows contemporary construction standards with maximum functionality and the use of natural materials that blend harmoniously with both the coastal and mountain landscape.
General Information
• Gross Built Area (GBA): 2,200 m²
• Total Net Usable Area: 1,800 m²
• Land Plot: 1,252 m²
Residential Section (16 Apartments)
The complex comprises 16 fully furnished, modern apartments featuring practical layouts, abundant natural light, and open sea views.
The apartments are distributed across multiple levels (mezzanine, first, second, and third floors), with sizes ranging from:
• Studio apartments: approximately 31–38 m²
• One- and two-bedroom apartments: 47–66 m²
Commercial Section
In addition to the residential accommodation, the property includes:
• 3 independent office spaces
o Total net area: 54.50 m²
o Suitable for agencies, administrative offices, or other professional activities.
• THE LAP Café
o Net area: 69.85 m²
o Includes kitchen facilities and restroom.
• Restaurant
o Indoor area: 150 m²
o Outdoor terrace: 100 m²
Service Facilities
The complex also offers:
• Dedicated laundry facility for owners and guests
• Private on-site parking
• Planned construction of an additional event hall
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PREMIUM AMENITIES
A standout feature of the development is its spectacular 520 m² rooftop terrace, divided into two exclusive zones.
Event Area (325 m²)
An impressive open-air venue designed for:
• Weddings
• Corporate events
• Business presentations
• Private celebrations
• Boutique gatherings
The breathtaking panoramic views of the Budva Riviera create a truly exclusive setting.
Open-Air Wellness Area (195 m²)
The rooftop wellness zone includes:
• Jacuzzi installations
• Relaxation area
• Premium outdoor wellness space overlooking the Adriatic Sea
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BUSINESS OPPORTUNITIES & INVESTMENT POTENTIAL
THE LAP offers a diversified business model with multiple independent revenue streams.
Co-Living & Remote Work Concept
The property is ideally suited for modern lifestyles, long-term accommodation, and digital nomads by combining:
• Luxury accommodation
• Office facilities
• Hospitality services
• Wellness amenities
all within one destination.
Year-Round Business Potential
Unlike many coastal properties that rely almost exclusively on the summer season, this location benefits from:
• Direct highway access
• Proximity to Budva, Cetinje, and Podgorica
• Continuous business travel
• Year-round accommodation demand
High Revenue Potential from the Rooftop Terrace
The rooftop event venue has significant commercial potential for:
• Weddings
• Corporate receptions
• Agency events
• Private celebrations
with the capacity to host more than 45 premium events annually.
Restaurant & Café Business Potential
Located directly alongside a busy main road, the café and restaurant benefit from constant exposure to:
• Passing motorists
• Tourist coaches
• Organized excursions
• Local visitors
ensuring steady daily customer traffic throughout the year.
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Price
Apartment & Commercial Complex: €3,250,000
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Optional Acquisition of Adjacent Commercial Property
Additional Investment Opportunity
As an extension of this business model, there is also the possibility to purchase a completely independent commercial complex located immediately next to the property.
The asset includes:
• Modern fuel station (448 m²) with annual sales of approximately 3 million liters of fuel
• Retail supermarket (127 m²)
• Adjacent land plot of 2,675 m²
This complementary investment provides immediate liquidity and stable recurring income, perfectly complementing the hospitality and tourism business.
Price of the Commercial Complex (Fuel Station & Retail Store): €3,300,000