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House 1256 м² in Budva, Montenegro

2 922 208 $

2 326 $ /м²

4OdIj
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Area

1256 м2

Bedrooms

33

Bathrooms

33

Other attractions in Budva. City - Budva

Exclusive lot from our company: ready, working business - hotel consisting of 3 buildings in a quiet area of Budva, 5 minutes from the sea.The hotel accepts large groups and has all necessary permits and licenses. It has a 3 star license. The hotel has a cafe where breakfasts are served.At the moment the hotel functions only in the summer season, and for the winter season is canned; if desired, you can make it year-round.There are 18 apartments in 1 building (4 floors, 666 m2).In the 2nd building (3 floors, 307 m2) there are 9 apartments.In the 3rd building (3 floors, 283 m2) there are 6 apartments.Location: BudvaHotel area: 1256 m2Plot area: 799 m2Number of rooms: 33Cost: 2,500,000

Additional details

Property type

Residential Properties

Object type

House

Price

2 922 208 $

Land area

799

FAQ

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.
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 Budva 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 (2 922 208 $) 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 Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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