1 bedroom Apartments in Ulcinj, Ulcinj Municipality, Montenegro – MRETT-10
Description
These new apartments in Ulcinj, Montenegro offer a rare entry point into one of the most undervalued coastal markets on the Adriatic โ brand new construction, fully furnished and equipped, ready to move in on day one. Five units are available across the ground floor and first floor, ranging from 41 mยฒ to 47 mยฒ, each delivered with a complete modern interior fit-out requiring zero additional investment from the buyer.
Ulcinj is Montenegro’s southernmost coastal city, home to Velika Plaลพa โ at 13 kilometres, the longest sandy beach in the Balkans โ as well as the island beach of Ada Bojana, Ulcinj’s historic Old Town, and some of the most affordable seafront property prices on the entire Adriatic coast. These new apartments in Ulcinj, Montenegro are positioned to benefit from two converging trends: the city’s rapid tourism growth and Montenegro’s accelerating EU accession process targeting 2028.
All five units are brand new, fully furnished with modern fittings, and equipped โ including kitchen appliances and all essential interior elements. No renovation, no procurement, no waiting: purchase and rent immediately, or move in directly. View all available properties in Ulcinj for full market context.
New Apartments in Ulcinj, Montenegro โ 5 Furnished Units, 41โ47 mยฒ
Ulcinj sits at the southern tip of Montenegro’s coastline, 80 km from Podgorica and approximately 30 km from the Albanian border. It is the most culturally diverse city in Montenegro, with a thriving summer tourism season driven by its unique natural assets. Key distances:
Velika Plaลพa (Long Beach, 13 km) โ 3 km
Ulcinj City Beach โ 1 km
Ada Bojana island beach โ 10 km
Ulcinj Old Town (Stari Grad) โ 1.5 km
Bojana River and Skadar Lake nature reserve โ 15 km
Podgorica International Airport โ 80 km (55 min drive)
Tivat Airport โ 100 km (75 min drive)
Shkodรซr, Albania โ 45 km
Property Overview โ New Apartments Ulcinj, Montenegro
Number of Units Available: 5
Unit Sizes: 41 mยฒ to 47 mยฒ
Floors: Ground floor and first floor
Condition: Brand new construction
Furnishing: Fully furnished and equipped โ move-in ready
Status: Ready for immediate occupancy or rental
Location: Ulcinj, Montenegro
Units are available individually or as a package. Purchasing multiple units in a single transaction is possible โ contact us for bulk pricing. Each unit is independently titled and can be rented or resold separately.
Investment Potential โ New Apartments in Ulcinj
Ulcinj represents the strongest value-to-location ratio on the Montenegrin coast. Entry prices per mยฒ are significantly below Budva, Tivat, and Herceg-Novi, while the city’s unique assets โ Velika Plaลพa, Ada Bojana, and proximity to Albania โ drive a distinct and growing tourist segment that the northern coast cannot replicate. Key investment case for these new apartments in Ulcinj, Montenegro:
Brand new and fully furnished โ zero refurbishment cost, immediate rental income from day one
Ulcinj’s summer tourist season runs May through October, one of the longest on the Montenegrin coast due to southern latitude
Velika Plaลพa attracts a distinct beach tourism market โ kitesurfers, naturists at Ada Bojana, and nature tourism โ with less competition from mass-market Budva developments
Lowest property prices per mยฒ of any Montenegrin coastal city โ highest upside potential from EU accession price alignment
Albanian market: proximity to Shkodรซr and Tirana drives cross-border buyer and tenant demand year-round
Five units allow a single investor to build a managed rental portfolio in one transaction
For broader context, read our Montenegro investment guide and our EU accession property analysis.
How to Buy โ Guide for Foreign Buyers
Foreign nationals buy property in Montenegro with full ownership rights and no restrictions โ including these new apartments in Ulcinj. Preliminary contract, notary due diligence, final purchase contract, Land Registry registration โ typically 4โ8 weeks per unit. Read our complete guide for foreign buyers or the step-by-step buying process. For certified notaries in Ulcinj municipality, see the Notary Chamber of Montenegro.
Frequently Asked Questions โ New Apartments in Ulcinj Montenegro
Can I buy more than one unit?
Yes. All five units are available individually or as a package. A single buyer can purchase 2, 3, or all 5 units in one transaction. Bulk purchasing is straightforward under Montenegrin law โ each unit receives a separate title, giving flexibility to rent and resell independently. Contact us for package pricing.
What does “fully furnished and equipped” include?
Each apartment is delivered with a complete modern interior: furniture, kitchen appliances, and all essential fittings installed and ready for immediate use. No additional procurement is required โ the unit can be listed on short-term rental platforms or occupied by a long-term tenant on the day of purchase completion.
What rental yield can new apartments in Ulcinj, Montenegro achieve?
Ulcinj’s rental market runs from May through October with peak demand in July and August. Furnished apartments in this size range achieve nightly rates of โฌ35โโฌ65 in peak season, with occupancy regularly exceeding 80% in JulyโAugust. Long-term monthly rental ranges from โฌ280โโฌ420. Annual gross yield for new furnished apartments in Ulcinj typically ranges from 6โ9%.
Why is Ulcinj a stronger investment than Budva right now?
Budva offers higher short-term rental rates but significantly higher entry prices per mยฒ. Ulcinj’s price-per-mยฒ is among the lowest on the Adriatic coast, meaning the yield-to-cost ratio is more attractive for new investors. With Montenegro’s EU accession targeting 2028, Ulcinj โ as the city furthest from current tourist infrastructure saturation โ has the most room for post-accession price appreciation. Read our Budva vs Bar vs Tivat comparison for data.
Can foreigners buy new apartments in Ulcinj?
Yes. Montenegro has no restrictions on foreign property ownership. Non-EU citizens purchase on the same terms as Montenegrin nationals โ full title in the buyer’s name, no local partner, no minimum purchase amount. The process takes 4โ8 weeks from signed preliminary contract to Land Registry registration.
What are the total purchase costs beyond the asking price?
Budget 3โ4% above the purchase price per unit: 3% property transfer tax, approximately 0.1% notary fee, and โฌ500โโฌ1,500 for legal due diligence. Montenegro Estates charges 0% buyer commission on all transactions, including multi-unit purchases.
Can I get residency by buying one of these apartments?
Yes. Any property purchase in Montenegro qualifies the buyer for a Temporary Residence Permit, renewable annually with no minimum purchase value. Full details in our Montenegro residency via real estate guide.
More Properties in Ulcinj and Montenegro
Explore all available properties for sale in Ulcinj, browse our Ulcinj real estate guide, or view the full apartments for sale across Montenegro.
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Contact
- Property ID MRETT-10
- Price โฌ86,100
- Property Type Apartment/Penthouse
- Property status For Sale
- Bedrooms 1
- Bathrooms 1
- Size 41 m2
Address
- Country: Montenegro
- Province / State: Montenegro
- City / Town: Ulcinj
