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Petrovac
Hotel

Hotel 500 м² in Petrovac, Montenegro

898 861 $

1 797 $ /м²

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Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-1 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-2 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-3 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-4 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-5 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-6 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-7 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-8 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-9 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-10 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-11 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-12 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-13 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-14 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-15 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-16 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-17 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-18 Hotel 500m² in Montenegro, Petrovac. Priced at 790000€ rent photo-19

Area

500 м2

Bedrooms

12

Hotel, accommodation in Budva. The city is Petrovac.

A wonderful investment!
Hotel with an area of 500 m2, consisting of 12 apartments.
Each apartment is furnished, has a kitchen area and a toilet.
All apartments have their own bathroom with a shower and a kitchen with a refrigerator and stove. There is free parking on the premises.
Within 200 meters of the VLSB apartments, you can buy groceries at a store and visit a restaurant.
The nearest bar and the historic Lazaret fortress are less than 400 meters away.

Additional details

Property type

Commercial

Number of rooms

12

Object type

Hotel

Price

898 861 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Petrovac; 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 Petrovac 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 (898 861 $) 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 Petrovac: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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