- Area
- 1 m²
- To sea
- 1500000 m
Description
Hotel in Kolasin 4*
The entire project is complete, utilities are paid, there is water and electricity on the plot.
The building application has been submitted, the protocol has been received, which means the documents are all done.
A mixed-type hotel on 5 floors with a total area of 15,684 m2, plot area of 8039 m2.
117 apartments for sale - 3 studios, 98 1-bedroom apartments and 16 2-bedroom apartments
81 apartments for rent
84 garage spaces and 4 parking spaces on the territory of the hotel
Household and administrative premises on the ground floor
Characteristics
- Property type
- Commercial
- Object type
- Building
- Price
- 4 617 706 $
Services and facilities
- Garage/parking
Distance to key points (meters)
- To sea
- 1500000 m
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Kolasin; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Kolasin short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (4 617 706 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Kolasin: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
