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Hotel 235 м² in Budva, Montenegro

1 461 104 $

6 217 $ /м²

4Odwa
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Area

235 м2

Bedrooms

16

Hotel, accommodation in Budva. City - Budva

Hotel with swimming pool in Markovici, Budva. The hotel consists of 8 one-bedroom apartments and 8 studios, each apartment has its own bathroom, terrace, and kitchen. All apartments are furnished, with internet and air conditioning. All documents are in order 1/1. There is a garage for 15 cars. On each floor, there are 2 one-bedroom apartments and 2 studios. The area of each apartment is 50 m2 and the studio is 37 m2. Total area is 235 m2. The plot is 903 m2.

Additional details

Property type

Commercial

Number of rooms

16

Object type

Hotel

Price

1 461 104 $

Characteristics

Sea View

Infrastructure

Open pool

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Budva; 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 Budva 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 (1 461 104 $) 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 Budva: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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