Mountain Soul boutique apart-hotel
Žabljak
Žabljak
Žabljak is Montenegro’s largest mountain resort, located in Durmitor National Park, a UNESCO World Heritage site.
Recently it has become one of the most distinctivetourist destinations in Europe.
Žabljak
Learn more about the region
Construction
43.15 455 19.12 362
Location
Mountain soul
Monte Soul is looking for investors for the next stage.
Collaboration
Prestigious location on the main street of Žabljak
Neighbouring with historic church and a green children’s playground
Asset under professional management with the option of partial equity sale in the development, including the restaurant.
Construction has reached the final stage; the main development risks have been removed.
Advantages
Purpose: exclusive apart hotel
Landscape: urban environment
Key Parameters
Building
16 apartments, underground parking for 19 cars, and a restaurant for more than 80 guests.
Mountain soul
6−8% + value growth
(IRR 12−15%)
€ 500−600k
year
€ 150
night
YIELD
NOI
ADR
Key indicators
Mountain soul
Wellness, gastronomy, digital nomads
Skiing and other winter sports
There is currently a shortage of high‑quality accommodation in the region, especially in the upper‑midscale and boutique segments.
Eco‑touism, trekking, adventure activities
Shoulder seasons
Winter
Summer
Market and demand
Žabljak is the key centre of mountain tourism in Montenegro.
Mountain soul
Entry at € 6M → potential capitalisation up to € 7−7.5M after launch and stabilisation of operations. (+15−20%)
€ 6.5−7 million (cap rate 8%)
€ 500−600k/year
€ 1−1.5 million, NOI € 200−400k
€ 150−200k/year
50%
€ 150/night²
Investor benefit
Asset valuation
Total development NOI
Restaurant (revenue/NOI)
boutique hotel’s NOI
OPEX
Occupancy
ADR
Financial indicators
Request information about the development
Phone: +382 67 109 770
ZABLJAK ECO ESTATE
ANKARSKI BULEVAR 12, Podgorica PIB: 3 355 233 PDV: 30/31−23 097−6
Monte Soul is open to strategic partnerships, investment, and joint initiatives.
