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Hotel 190 м² in Utjeha, Montenegro

185 322 $

975 $ /м²

4OdzB
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Area

190 м2

Bedrooms

5

Hotel, inn in Ulcinj. City - Uteha

<h2>Description</h2><p>&nbsp;Three-storey mini-hotel with five apartments in Utech.</p><p>Characteristics of the house:</p><p>Total area of the house - 190 m².<br>&nbsp;Plot area - 241 m². </p><p>Structure of the house:<br>&nbsp;On the first floor there are two studio apartments, a technical room - storage.<br>&nbsp;External staircase.</p><p>On the second floor there is an entrance hall, a bathroom, two bedrooms, a spacious kitchen with dining area and a terrace. Internal staircase.</p><p>On the third floor there are two studio apartments.</p><p>The house is fully furnished and equipped with all necessary appliances.</p><p>Fenced area. There are palm trees, flowers and figs on the plot.</p><p>Water tank 10 m³ (rainwater collection).</p><p>Parking for several cars. </p><p>Mountain and sea view.</p><p>Quiet, picturesque area.</p><p>Distance to the sea - 250 meters.</p><p>Documents submitted for legalization.</p>

Additional details

Property type

Commercial

Number of rooms

5

Object type

Hotel

Price

185 322 $

Characteristics

Sea View
Mountain View

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 (185 322 $) 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).

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