€500,000
Monténégro, Municipalité de Žabljak, Žabljak
€500,000
Development land with Condo Hotel project (4*) for sale in Zabljak, Montenegro
This 988 m² development plot is located in Žabljak, at the heart of Durmitor National Park, one of Montenegro’s most sought-after year-round tourist destinations. The property comes with a conceptual design and complete documentation, allowing construction to begin immediately.
The planned project is a 4-star Condo Apart Hotel, designed for flexible investment strategies depending on the investor’s business model.
According to the official project, the building includes 14 apartment units. The design also foresees 7 large apartments of 100 m², already divided on site, which allows for further subdivision and results in a total of 21 apartment units.
For investors aiming to maximize the number of saleable units, a reorganization of floor layouts allows for up to 36 apartment units with 4-star categorization.
If the objective is to operate a classic 4-star hotel, the layout can be adjusted to accommodate up to 42 accommodation units.
An alternative option includes developing smaller units with 3-star categorization, which would significantly increase the total number of units; however, this scenario requires immediate full payment of communal fees.
In summary, the number, size, and categorization of units can be fully adapted to the investor’s vision, making this project suitable for condo sales, hotel operations, or a hybrid business model.
Žabljak is a well-established mountain resort with strong demand during both winter (ski season) and summer (nature and adventure tourism), ensuring stable year-round occupancy and excellent investment potential.
Key Highlights (for readability & conversion)
Land area: 988 m²
Location: Žabljak, Durmitor – Montenegro
Project type: 4★ Condo Apart Hotel
Documentation: Complete and ready for construction
Base project: 14 units
Flexible unit structure depending on investor strategy
Strong year-round tourism demand
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