Hotel 600 м² in Igalo, Montenegro

1 141 861 $

1 903 $ /м²

4OckK

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #1

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #2

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #3

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #4

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #5

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #6

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #7

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #8

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #9

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #10

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #11

Hotel 600m² in Montenegro, Igalo. Priced at 995000€ rent photo- #12

Area

600 м²

Mini-hotel with 21 apartments

The mini-hotel is located in Sutorina, 3 km from the sea

Area of the house: 600 m2

Plot area: 611 m2

There are 21 rooms in the building

Each room has its own bathroom and heated floor, as well as air conditioning, access to the balcony, telephone, internet, TV.

Completely renovated and expanded in 2017.

From the 3rd floor overlooking the sea and

Has 5 parking spaces

The building has a large basement and a technical room.

It is possible to install a swimming pool on the plot

Services and facilities

Air conditioner

Pool

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

1 141 861 $

Land area

611

Characteristics

Air conditioner

Pool

Distance to key points, m

To sea 3000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Igalo; 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 Igalo 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 (1 141 861 $) 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 Igalo: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).