Hotel 400 м² in Utjeha, Montenegro

1 054 688 $

2 636 $ /м²

4Oclg

Hotel 400m² in Montenegro, Utjeha. Priced at 890000€ rent photo- #1

Hotel 400m² in Montenegro, Utjeha. Priced at 890000€ rent photo- #2

Hotel 400m² in Montenegro, Utjeha. Priced at 890000€ rent photo- #3

Hotel 400m² in Montenegro, Utjeha. Priced at 890000€ rent photo- #4

Hotel 400m² in Montenegro, Utjeha. Priced at 890000€ rent photo- #5

Area

400 м²

Mini hotel with 10 apartments near the sea

The mini-hotel is located 150 m from the sea in Kunje, Utjeha

The building was built in 2018.

Plot area 400 m2

Building area 400 m2 +100 m2 roof terrace

It has been active for 5 years already, it has a rating of 9.5 on booking.com.

9 apartments are fully furnished and for rent, and the tenth is in an unfinished state.

4 apartments with 1 bedroom and 6 studios, each with kitchenette and bathroom.

On the roof there is a common terrace, which is used by all guests.

Water is heated by solar batteries.

Parking for 10 cars

Services and facilities

Garage/parking

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

1 054 688 $

Land area

400

Characteristics

Garage/parking

Distance to key points, m

To sea 150

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 (1 054 688 $) 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).