Hotel 600 м² in Herceg Novi, Montenegro

1 119 674 $

1 866 $ /м²

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Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #1

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #2

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #3

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #4

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #5

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #6

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #7

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #8

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #9

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #10

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #11

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #12

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #13

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #14

Hotel 600m² in Montenegro, Herceg Novi. Priced at 995000€ rent photo- #15

Area

600 м²

Bedrooms

Hotel, accommodation in Herceg Novi. City - Herceg Novi

Herceg Novi. Sutorina. House for Sale

A house is for sale in Montenegro in very good condition.
House area: 600 m2
Land area: 611 m2
The house has 21 rooms.
Each room has its own bathroom and heated floors, as well as air conditioning, a balcony, telephone, internet, and TV.
Previously, it was a family house with 6 rental apartments; now it has 3 floors and was completely renovated and expanded in 2017.
The 3rd floor offers a sea view and
There are 5 parking spaces right by the house.
The house has been rented out in recent years.
The building has a large basement and a technical room.
Distance to the beaches of the Igalo area: 3000 meters.

Additional details

Property type

Commercial

Number of rooms

Object type

Hotel

Price

1 119 674 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (1 119 674 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).