Building 1 м² in Radanovici, Montenegro

131 031 $

131 031 $ /м²

4Ocrc

Building 1m² in Montenegro, Radanovici. Priced at 115000€ rent photo- #1

Building 1m² in Montenegro, Radanovici. Priced at 115000€ rent photo- #2

Building 1m² in Montenegro, Radanovici. Priced at 115000€ rent photo- #3

Building 1m² in Montenegro, Radanovici. Priced at 115000€ rent photo- #4

Building 1m² in Montenegro, Radanovici. Priced at 115000€ rent photo- #5

Area

1 м²

Year of construction

2020

Commercial premises in the HDL Lakovici shopping center

Commercial premises in the HDL Lakovici shopping center - Kotor, Radanovici.

The area of the room is 45 m2.

The premises are located on the first floor of HDL next to the LC Waikiki clothing store, on the ground floor there are OKOV stores and a large grocery store, which guarantees high traffic.

The premises are ideal for any type of activity

Located on the Budva-Tivat-Kotor highway, which provides a good flow of potential buyers

Additional details

Property type

Commercial

Object type

Building

Price

131 031 $

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Radanovici; 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 Radanovici 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 (131 031 $) 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 Radanovici: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).