Hotel 500 м² in Petrovac, Montenegro

1 181 565 $

2 363 $ /м²

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Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #1

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #2

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #3

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #4

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #5

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #6

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #7

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #8

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #9

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #10

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #11

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #12

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #13

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #14

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #15

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #16

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Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #18

Hotel 500m² in Montenegro, Petrovac. Priced at 1050000€ rent photo- #19

Area

500 м²

Mini-hotel with 12 apartments

The hotel is located next to the bus station, 800 meters from the sea.

The 500 m2 hotel consists of 12 apartments.

Each apartment is furnished, has a kitchen area and toilet.

All apartments have their own bathroom with shower and kitchen with refrigerator and stove. Free parking is provided on the territory.

There is a shop 200 metres from the hotel.

The hotel is leased until 2029, can be purchased together with the lease agreement

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

1 181 565 $

Land area

300

Distance to key points, m

To sea 450

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 (1 181 565 $) 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).