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House 792 м² in Krasici, Montenegro

1 066 538 $

1 346 $ /м²

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Area

792 м2

Bedrooms

10

Bathrooms

10

Other locations in Tivat. The town is Krašici.

Purpose of construction: mini-hotel or villaMaximum construction area:Mini-hotel: 792 m2 gross (718 m2 net)Villa: 656 m2 gross (541 m2 net)A plot of land of 509 m2 on the first line of the sea in Krasici, Lustica, with started construction of a building, which according to the town planning specifications can be built as a 3-storey hotel of 792 m2, consisting of 10 apartments, or as a villa of 656 m2 total area.In front of the building there is a pier with an area of 160 m2.Location: KrasiciPlot area: 509 sq.m.Distance from the sea: 0Cost: 900,000

Additional details

Property type

Residential Properties

Object type

House

Price

1 066 538 $

Land area

0

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Krasici; 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 Krasici 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 (1 066 538 $) 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 Krasici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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