A unique investment opportunity in Bar, Čan
Bar, Canj
800.000 €
Area
575 m²
PROPERTY DESCRIPTION
Unique investment opportunity in Bar, Čan
Bar, Čan | Completed hotel + 5-story hotel under construction + land | Excellent investment
3 properties for the price of one – only 800,000 euros!
Hotel ready for use with 15 apartments
Total living area: 575 m² + 115 m² (roof)
Plot: 322 m², building foundation 132 m²
10 one-bedroom apartments and 5 studios
Fully furnished, air-conditioned
Balconies, bathrooms, and kitchens in each room
Five-story hotel under construction
Plot: 380 m², building foundation 360 m²
Construction of 5 floors is permitted (1 floor is already built)
Possibility to build a minimum of 30 units (studios and 1+1)
Two plots for building a five-story building
Total plot area: 595 m²
Permitted construction of 465 m² of living space and 5 floors
Possible to build a pool, covered parking, and restaurant.
All three locations have DUP (City Center Development Plan)
City water supply and sewage are connected
Profitable investment:
✔ Area with increasing value due to the new hotel complex
✔ Growing demand for real estate – prices rise every year
✔ Possibility of use as a hotel or selling apartments separately
Price: 800,000 euros
Contact us for details!
Details
- Property type
- restaurant
Location
Canj, Bar
The exact location is not provided — the property is in Canj, Bar. Contact the advertiser for details.
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Questions about this property
What is the price per square metre?
At 800.000 € for 575 m², this listing works out to 1.391 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.