Featuring an outdoor swimming pool, a spa center and a restaurant, Iberostar Waves Slavija is 450 meters from the nearest beach and 1.7 kilometers from the Budva Old Town. It offers a lobby bar, a rooftop snack bar, and a hotel garage available for the guests depending on availability, and supplements applicable during peak season.

The 5-star hotel has air-conditioned rooms with free WiFi, each with a private bathroom. All the rooms come with a flat-screen TV with satellite channels, while some comprise a balcony. Guests at Iberostar Waves Slavija can enjoy a buffet breakfast. The hotel spa center features a sauna and a steam room. Various massage treatments can also be arranged. Speaking English, Spanish, Russian and Serbian, staff will be happy to provide guests with practical information on the area at the 24-hour front desk. Popular points of interest near Iberostar Waves Slavija include Omnia Night Club, TQ Plaza and Podmaine Monastery. The property is situated 2.2 kilometers from Mogren Beach, 3.1 kilometers from Aqua Park Budva and 9 kilometers from Sveti Stefan. The nearest airport is Tivat Airport, 24 kilometers from the hotel.