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Aparthotel in Igalo, near the Simo Milošević Institute.

Herceg Novi, Igalo

1.182.700 €

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PROPERTY DESCRIPTION

Apart-hotel in Igalo, near the Simo Milošević Institute.

Apart-hotel for sale in Igalo, 11 apartments, underground parking, and one of the best sea views in Herceg Novi.

The building has 3 floors, with 4 apartments on the first and second floors and 3 more in the attic.

Currently, the hotel is no longer operational, and the apartments are being sold separately. However, there is only one owner, and the apartments can be purchased all at once.

Nine apartments are legalized, and two more have been submitted for legalization. The building has a shared garden. The ground floor apartments have their own small courtyard terraces. Also, cosmetic repairs are currently being carried out inside, and the prices in the price list are indicated based on the work done.

Details

Property type
office

Location

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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.

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The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.