Investment Opportunity in Kolasin: 4-Star Hotel for Sale
Discover the allure of Montenegro with this latest investment opportunity - a future 4* hotel nestled in the heart of Kolasin! Surrounded by the majestic mountains of Bjelasica, Sinjajevina, and Komovi, Kolasin is a haven for nature enthusiasts and offers a year-round continental climate. This location allows you to immerse yourself in the beauty of Northern Montenegro, where picturesque landscapes, charming architecture, and outdoor adventures await.
Hotel Details:
* Mixed-type hotel on an 8039 m2 plot
* Net area: 13,574 m2
* Projected floors: 2P0 + P + 3 + Pk + T
* 117 units for sale & 81 hotel units for rent
The project is ready to go! All paperwork, including completed utilities, water, and electricity connections, is in place. Construction application submitted and approved. Your investment journey starts here!
Kolasin is more than just a town; it's a gateway to outdoor bliss! Hiking, skiing, snowboarding, and mountain biking opportunities abound in the surrounding mountains. Your guests will have endless trails to explore.
Kolasin has become a major tourist center, conveniently located just half an hour from Podgorica's capital and less than an hour from the seaside. A strategic position for attracting visitors throughout the year!
Ready to seize this captivating investment opportunity? Contact us now for more information and take the first step towards a thriving venture in the heart of Montenegro!
Property features * Air-conditioning * Close to ski slopes * Concierge Services * Design concept * Elevator * Excellent location * Furnished * Mountain view * Parking * Peaceful area * Tourism
Characteristics
Property type
Commercial
Object type
Hotel
Price
3 900 000 $
Services and facilities
Air conditioner
Furniture
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kolasin; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Kolasin short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (3 900 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Kolasin: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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