Hotel Breza - Boutique hotel in Kolašin, Montenegro
    4★ BOUTIQUE HOTELINVESTMENT

    Hotel Breza

    Breza, Kolašin — Montenegro

    €2,800,000€121,700 per room
    23
    Units
    932
    m² hotel
    1,350
    m² plot
    20
    Parking spaces
    Completed 2025Never usedDocumentation completeReady to operate

    About the project

    Hotel Breza is a brand new 4-star boutique hotel, located in the peaceful Breza settlement, just 1 km from the center of Kolašin. The property features 23 accommodation units (rooms and apartments ranging from 24-55 m²), a restaurant, spa & wellness zone, children's playroom, and parking for 20 vehicles including bus parking.

    The project was developed by Epopeja LLC, construction began in 2019, and the hotel was fully completed in early 2025. The interior is predominantly solid wood, giving the property an authentic mountain character. The hotel has never been in use — it is completely new and ready to operate from day one.

    Why invest in Hotel Breza?

    Turn-key investment

    The hotel is 100% completed and furnished. No additional construction or renovation costs.

    Clean documentation

    Complete legal documentation: ownership certificate, occupancy permit, technical inspection, 4★ categorization.

    Gondola planned

    Planned government investment — Breza → Kolašin 1450 ski center gondola will significantly increase location value.

    Competitive price

    €121,700 per room/key — significantly below average for 4★ hotels in the region.

    EU integration

    Montenegro is an EU candidate. EU accession brings growth in property values and increased tourism.

    Strong return on investment

    ROI of 11.87% in the base scenario. Potential capital growth of +40% after stabilization.

    Amenities & facilities

    ReceptionRestaurantSpa & wellness zoneSaunaJacuzziChildren's playroomSki storageLaundryParking (20 spaces)Landscaped yard

    Location

    Ideal position between mountain and town

    Kolašin center
    1 km
    Kolašin 1450 ski center
    11 km
    Nature and rivers
    Immediate vicinity

    A planned government investment in the Breza → Kolašin 1450 ski center gondola will further increase the attractiveness of this location.

    Financial model

    Two return scenarios for your investment

    Base scenario

    Conservative estimate

    Occupancy55%
    Average daily rate (ADR)€120
    Annual revenue€554,070
    Operating costs (40%)€221,628
    Net operating income (NOI)€332,442
    ROI11.87%
    Payback period8.42 years
    ★ RECOMMENDED

    Optimized scenario

    With professional management

    Occupancy65%
    Average daily rate (ADR)€165
    Annual revenue~€900,000
    EBITDA margin35%
    EBITDA€420,000 - €450,000
    Yield15-16%
    ~8 yrs
    Payback period
    €3.2-4.0M
    Potential exit value
    +40%
    Capital growth

    Legal documentation

    Complete and orderly documentation — ready for ownership transfer

    Ownership certificate
    Technical inspection
    Occupancy permit
    4★ categorization
    Architectural project
    As-built documentation

    Epopeja LLC is the registered owner. All documentation available for review after signing an NDA.

    Who is the ideal investor?

    Hotel Breza is an opportunity for various investment profiles

    Business owner

    Portfolio diversification with stable income from real estate in a growing tourist destination.

    Real estate investor

    Attractive yield of 12%+ annually with potential capital growth of 40%.

    Family investment

    Long-term hold with stable income and the possibility of personal use.

    Hotel operator

    Develop your own brand at a turn-key location with complete infrastructure.

    Next steps

    Simple process in 4 steps

    1

    Sign NDA

    Protection of confidential information for both parties

    2

    Review documentation

    Complete legal and technical documentation

    3

    Financial model

    Operating and financial model in Excel format

    4

    Visit the hotel

    Organized tour of the hotel in Kolašin

    Interested?

    Contact us for detailed investment documentation, financial analysis, or to schedule a hotel visit.