Hotel 500 м² in Bar, Montenegro

489 856 $

979 $ /м²

4Ocib

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #1

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #2

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #3

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #4

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #5

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #6

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #7

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #8

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #9

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #10

Hotel 500m² in Montenegro, Bar. Priced at 430000€ rent photo- #11

Area

500 м²

Mini hotel with 10 apartments in Sutomore, Bar

Mini hotel 500m2 for 10 apartments in Sutomore, Bar. The hotel is located on a plot of 600m2 with parking for 9 cars. Built in 2015. On the first floor is a 50m2 apartment with a separate bedroom. On the second floor apartment of 120m2 with a separate bedroom, two bathrooms, kitchen, storage room, terraces. On the third and fourth floors of 4 apartments. The hotel successfully surrenders through booking. Mountain view. The distance to the sea is 1100 meters.

Services and facilities

Garage/parking

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

489 856 $

Land area

600

Characteristics

Garage/parking

Distance to key points, m

To sea 1100

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bar; 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 Bar 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 (489 856 $) 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 Bar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).