Other Properties 595 м² in Prcanj, Montenegro

2 411 849 $

4 053 $ /м²

4OdEw

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #1

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #2

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #3

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #4

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #5

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #6

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #7

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #8

Other Properties 595m² in Montenegro, Prcanj. Priced at 2100000€ rent photo- #9

Area

595 м²

Bedrooms

Bathrooms

Other sites in Kotor. The city - Prčanj

We offer a small family hotel 3 km away from the old town of Kotor at the beginning of the village of Prcanj. The building has an area of 595 m2 on a plot of 502 m2. The hotel has 3 single rooms and 10 double rooms, all rooms have bathrooms, air conditioning, and balconies with sea view. There is also a reception, a restaurant with a capacity of 6 tables inside and 9 tables on the terrace overlooking the sea. On the first floor there is a separate apartment with 3 bedrooms and a terrace overlooking the sea and the old town of Kotor. There is also a laundry room and 1 storage room.The facility is open from mid-February to the end of November and at full capacity from mid-April to mid-October.The object has alarm system and video surveillance.There are 7 parking spaces.The building was built in 2009.Sold with furniture and appliances.Location: PrcanjHotel area: 595 m2Plot: 502 m2Number of rooms: 11

Services and facilities

Air conditioner

Furniture

Additional details

Property type

Residential Properties

Object type

Other Properties

Price

2 411 849 $

Land area

502

Characteristics

Air conditioner

Furniture

FAQ

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

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.

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.

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.

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

Yes. An inspection costs about 0.5–1% of the price (2 411 849 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

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