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Hotel 300 м² in Utjeha, Montenegro

235 329 $

784 $ /м²

4Ocjl
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Area

300 м2

An unfinished hotel with a sea view

Unfinished hotel with a sea view in Utjeha, Bar


- a three-storey hotel of 5 apartments with a total area of ​​300m2 + 300m2 terraces overlooking the sea


- land plot with an orchard with an area of ​​570m2


Hotel structure:


- on the ground floor garage for one car, can be converted into an apartment ready to move in


- on the 1st floor there are two finished spacious one-bedroom apartments and terraces


- on the 2nd floor unfinished two apartments with separate bedrooms + terraces


- on the 3rd floor possible to make two apartments with separate bedrooms + terraces


- external staircase


The fenced area. Orchard. Parking for several cars.


Water tank for 100m3.


All documents submitted for legalization!

Services and facilities

Garage/parking

Additional details

Property type

Commercial

Floor

4

Object type

Hotel

Price

235 329 $

Land area

570

Characteristics

Garage/parking

Distance to key points, m

To sea 1000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Utjeha; 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 Utjeha 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 (235 329 $) 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 Utjeha: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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