Hotel 1100 м² in Markovici, Montenegro

696 069 $

632 $ /м²

4OctD

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #1

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #2

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #3

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #4

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #5

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #6

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #7

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #8

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #9

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #10

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #11

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #12

Hotel 1100m² in Montenegro, Markovici. Priced at 599000€ rent photo- #13

Area

1100 м²

Hotel with 80 beds

The hotel in a traditional Mediterranean style is located 15 minutes by car from Budva.

Land area 2250 m2

Building area 1100 m2

The hotel consists of one-story houses with 80 beds, a cafe, 2 summer and one winter kitchen, 8 parking spaces, an outdoor pool and a small workshop for making homemade food.

The business has been successfully operating for several years

Services and facilities

Pool

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

696 069 $

Land area

2250

Characteristics

Pool

Distance to key points, m

To sea 5000

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 (696 069 $) 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).