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Hotel 3306 м² in Markovici, Montenegro

6 132 319 $

1 854 $ /м²

4Ocrq
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Area

3306 м2

Complex in Markovici

The complex is located in the Markovici area - 4 km from Budva, at an altitude of 300 meters above sea level, which provides panoramic views of the sea and mountains

The complex is located in close proximity to the main highway Budva-Podgorica

Clean mountain air mixes with sea air, saturated with salts, iodine and ions.

The apart-hotel is 80% ready and has great potential for profitable investment.


Total territory of the complex 4,360 m2

On the site there are:

Three buildings A, B, C with an area of ​​1201, 1204 and 1202 m2 (total area 3*308 m2)

It is necessary to complete the project

Swimming pool 50x8 m.

Tennis court.

Gyms and saunas.

Recreational areas with furniture throughout the complex.

Children's playground.

Open and closed parking area for 30 cars.

Green area with Mediterranean plants.

Barbecue areas on the roof terraces and in the courtyard.

Restaurant-Bar



All apartments are already registered in the cadastral register, the property is not under liens or other encumbrances, all documents are clean, the current condition of the property is SHELL&CORE.

All apartments provide breathtaking views of the sea and majestic mountains.

Privacy, the property has virtually no neighboring houses.

High rental potential, payback period 7-8 years.


Each of the three buildings consists of 10 apartments with an area of ​​116-128 m2, located on five floors (there are elevators).

The arrangement of the rooms is thought out so that the living room and terrace face south.

The layout of the apartments is identical - living room, kitchen-dining room, guest bathroom, two bedrooms - each with a separate bathroom, two large hydromassage bathtubs (one installed on the terrace, the other in the bathroom), a spacious terrace with sea views, the islands of St. Nikola, Sveti Stefan and Budva.

The apartments are equipped with a fireplace with a chimney independent from other residents, split systems


On the site there is a well 300 meters deep, a city water pipeline and 2 reservoirs of 300 m3 - clean drinking water will always be available on the territory.

Energy-saving technologies were used in the construction of the residence

Construction of two more identical buildings is possible

The property is for sale as a whole, it is necessary to build a swimming pool, landscaping work is required

Services and facilities

Pool
Furniture
Lift

Additional details

Property type

Commercial

Floor

5

Object type

Hotel

Price

6 132 319 $

Land area

4360

Characteristics

Pool
Furniture
Lift

Distance to key points, m

To sea 4000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Markovici; 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 Markovici 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 (6 132 319 $) 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 Markovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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