House 317 м² in Budva, Montenegro

ID 4OdIi

Area: 317 m²
Bedrooms: 9
Bathrooms: 9

Description

Other attractions in Budva. City - Budva

For sale is an elegant boutique hotel in the heart of the Montenegrin resort of Budva, which is the center of tourism and attracts travelers from all over the world all year round. This exquisite hotel is a unique combination of style, comfort and high quality service, living up to its 4-star status.With a total area of 317 m² and located just 300 meters from the sea, the hotel has 9 rooms, including 6 standard rooms and 3 suites, providing exceptional comfort and convenience for guests. On the first floor there is a restaurant for hotel guests and reception, making the stay even more pleasant and convenient.The interior design of the hotel was developed by a renowned Serbian designer, who with refined taste and attention to detail turned each space into a work of art, creating a unique atmosphere of luxury and coziness.Amenities also include 5 parking spaces for guests, in-house laundry facilities and a separate apartment for staff accommodation, adding convenience for guests and owners alike.This boutique hotel is an ideal business for those wishing to do business in Montenegro, combining a lucrative investment opportunity with accommodation in one of the most picturesque parts of Europe.

Characteristics

Property type: Residential Properties
Object type: House
Price: 1 507 275 $
Land area: 0 m²

FAQ

How can I get a residence permit by buying property in Montenegro?

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Budva; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in Montenegro?

Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in Montenegro?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in Montenegro?

A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in Montenegro?

Yes. Rental income tax is 5–25% depending on the regime. In Budva short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (1 507 275 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

A typical transaction runs 30–90 days, averaging 45 in Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).