Hotel 188 м² in Utjeha, Montenegro

247 096 $

1 314 $ /м²

4Off3

Hotel 188m² in Montenegro, Utjeha. Priced at 210000€ rent photo- #1

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Area

188 м²

Bedrooms

Hotel, inn in Ulcinj. City - Uteha

Mini-hotel with 4 apartments in Utekha, not far from the beach. House area - 167 m2 + 21 m2 garage. Plot area - 350 m2. 1st floor - on the ground floor there is one spacious apartment, which consists of a corridor, a living room combined with a kitchen, three bedrooms, a bathroom, and a terrace. 2nd floor - has three apartments. One apartment with a separate entrance consists of a living room, kitchen, bathroom, and terrace. Two apartments have a separate entrance and a common corridor. Each of them consists of a kitchen, living room-bedroom, bathroom, and common terrace. The apartments are equipped with furniture and appliances, and are ready to move in and receive guests. All apartments have air conditioning. Parking for several cars, as well as a garage with automatic gates. The distance to the beach is only 10 minutes on foot. A quiet and peaceful place for complete relaxation. An excellent investment offer at a good price.

Additional details

Property type

Commercial

Number of rooms

Object type

Hotel

Price

247 096 $

Characteristics

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 (247 096 $) 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).