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Hotel 1440 м² in Savnik, Montenegro

245 465 $

170 $ /м²

4Odsn
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Area

1440 м2

Hotel for renovation with great potential in the north

Hotel for renovation with great potential in the north of Montenegro.


Hotel area 1440 m2

Plot area 5500 m2

The hotel consists of 14 rooms, there is a possibility of increasing the number of rooms.

The hotel has 2 restaurants, a large cinema, a large kitchen, a basement, and several auxiliary facilities on the territory.

It is possible to build a spa center, a gym, and other projects.

There is still a lot of unused space.

The roof has been replaced, 14 bathrooms have been renovated.

Renovation and furniture are needed.

The hotel has its own transformer booth.

A large plot allows for various leisure options for guests in the open air.

Mountain view.

An area with developed infrastructure.

In the future, a motorway will be located nearby, which will further increase the potential of the hotel.

To the town of Šavnik 15 km.

To the town of Kolasin 39 km.

Services and facilities

Furniture

Additional details

Property type

Commercial

Floor

3

Object type

Hotel

Price

245 465 $

Land area

5500

Characteristics

Furniture

Distance to key points, m

To sea 120000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Savnik; 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 Savnik 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 (245 465 $) 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 Savnik: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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