Property Abroad

Montenegro

Budva

Przno

Hotel

Hotel 358 м² in Przno, Montenegro

2 323 000 $

6 488 $ /м²

4OiKv

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #1

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #2

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #3

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #4

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #5

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #6

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #7

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #8

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #9

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #10

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #11

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #12

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #13

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #14

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #15

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #16

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #17

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #18

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Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #20

Hotel 358m² in Montenegro, Przno. Priced at 2000000€ rent photo- #21

Area

358 м²

Bedrooms

Bathrooms

Boutique Aparthotel - Villa Lustro

Located in the heart of Pržno, one of the most charming and exclusive areas of the Budva Riviera, this elegant boutique aparthotel offers a perfect blend of Mediterranean lifestyle, comfort, and investment potential. Just moments from the Adriatic Sea, the property enjoys a prime position surrounded by natural beauty, prestigious resorts, and some of Montenegro's most famous beaches.

Villa Lustro Pržno is designed in a modern Mediterranean style, featuring a clean, airy aesthetic and a welcoming atmosphere with:

* 10 fully furnished accommodation units

* Some units with private balconies or terraces

* Bright interiors with modern design and warm tones

* Beautiful white stone facade

* Landscaped garden ideal for relaxation

* Wi-Fi and essential hospitality amenities

The property is fully operational and suitable for immediate continuation of a hospitality business.

Pržno is known for its refined coastal charm, peaceful ambiance, and proximity to iconic destinations, including Milocer Beach (1.3 km) and Kamenovo Beach 1.3 km; Sveti Stefan Beach, nearby; Praskvica Monastery, a short drive; Budva Old Town, approximately 10-15 minutes; Jaz Beach, 10.5 km; and Kotor Bay, 28 km.

The property is also close to restaurants, beach clubs, and the well-known Queen of Montenegro beach area, offering a vibrant yet relaxed lifestyle.

Thanks to its prime location, proximity to top beaches, and boutique capacity, this aparthotel represents a strong investment opportunity: Established rental potential in a high-demand tourist area; ideal for boutique hospitality or family-run business, and attractive for both short-term and seasonal rentals. Pržno remains one of the most desirable destinations on the Budva Riviera, especially for guests seeking a quieter, more exclusive atmosphere.

A Mediterranean Retreat with Business Potential: combining location, charm, and functionality, this villa offers an excellent opportunity to own a boutique aparthotel in one of Montenegro's most beautiful coastal settings.

Contact us for more information or to arrange a viewing.

Property features
* Air-conditioning
* Close to Tivat airport
* Excellent location
* Mountain view
* Parking
* Peaceful area
* Tourism

Services and facilities

Air conditioner

Additional details

Property type

Commercial

Object type

Hotel

Price

2 323 000 $

Characteristics

Air conditioner

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Przno; 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 Przno 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 (2 323 000 $) 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 Przno: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).