Hotel 383 м² in Radovici, Montenegro

629 507 $

1 643 $ /м²

4Ofek

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #1

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #2

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #3

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #4

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #5

Hotel 383m² in Montenegro, Radovici. Priced at 535000€ rent photo- #6

Area

383 м²

Bedrooms

Hotel, accommodation in Tivat. City - Radovići

Description

Ancient reconstructed complex of houses - cost 535' 000 euros

The complex of houses built in 1701 is located in Radovici, near the luxury complex Lustica Bay
The very center of the village, which is under the protection of UNESCO, with ancient temples and houses with a rich historical heritage
The reconstruction was carried out using old photographs and accurately replicates the architecture of the complex
The total area of the three buildings is 383. 67 m2
Plot area 328 m2
The property has been reconstructed using antique stone and reinforced with a concrete structure (with all necessary permits).
The future owner will be able to choose the interior decoration at will
The complex consists of 4 residential units with shared internal and external courtyards and a barbecue area.
It is possible to increase the number of residential units by dividing the premises into apartments
You can purchase additional land to install a swimming pool
Large public parking nearby
Picturesque views of mountains, temples, Mount Lovcen
City water, electricity and sewerage
An excellent investment project for both renting and living

Additional details

Property type

Commercial

Object type

Hotel

Price

629 507 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Radovici; 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 Radovici 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 (629 507 $) 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 Radovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).