Property Abroad

Montenegro

Ulcinj

Utjeha

Hotel

Hotel 274 м² in Utjeha, Montenegro

647 156 $

2 361 $ /м²

4OcsI

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #1

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #2

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #3

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #4

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #5

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #6

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #7

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #8

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #9

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #10

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #11

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #12

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #13

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #14

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #15

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #16

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #17

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #18

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #19

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #20

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #21

Hotel 274m² in Montenegro, Utjeha. Priced at 550000€ rent photo- #22

Area

274 м²

Mini-hotel with possibility of new construction

The mini-hotel is located in the village of Utjeha, 500 meters from the sea

Plot area 2,409 m22

House area 274 m2

The house was previously used as a hostel, has not been used for about 10 years

The house has 10 rooms, 7 bathrooms, garage.

There are 2 water tanks and a septic tank (the regional water supply is 30 meters from the plot, possible to connect)

Fruit trees grow on the plot.

The plot is located in the urban plan zone, which allows the construction of a facility with a total area of 3,300 m2 and 4 floors.

Distance to the nearest beach 500 m. There is a minimarket, cafes and restaurants nearby. Also, during the season, a first-aid post office is open

Services and facilities

Garage/parking

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

647 156 $

Land area

2409

Characteristics

Garage/parking

Distance to key points, m

To sea 500

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 (647 156 $) 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).