Best for investments! Hotel with a large plot. 1st row from the sea!
Kotor, Prcanj
2.200.000 €
Area
670 m²
Rooms
9
Bathrooms
9
Floor
4
PROPERTY DESCRIPTION
The best investment offer in the Bay of Kotor!
Mini hotel on the 1st line with a plot of 2,620 m2. The property is located in the beautiful settlement of Prcanj, 5 kilometers from the Old Town of Kotor.
The area of the villa is 670 m2.
Structure:
On the ground floor, there is a hall with a restaurant and a kitchen. On the other 3 floors, there are double, triple, and five-bed apartments. Each consists of a living room with a kitchenette, bedrooms, a terrace with a view of the sea and mountains, a bathroom (hydromassage shower or jacuzzi).
In total, the hotel has 15 rooms, including 9 bedrooms. Central heating (diesel boiler).
All rooms offer a magnificent view of the Bay of Kotor and the picturesque mountain range. There is a 300 m2 garden with access to the beach.
The villa was built in the 1970s, completely renovated in 2007.
30 meters to the sea. Access to a small pebble beach. In the bay, you can make a private dock for yachts and boats.
* On the plot area 2,620 it is possible to build 3 more houses on three floors, each for 6 apartments (there is a building permit).
Amenities
- Terrace
- Furnished
- Sea view
Location
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Questions about this property
What is the price per square metre?
At 2.200.000 € for 670 m², this listing works out to 3.284 € per square metre. Compare it with the city average in the market card on this page.
Which floor is it on, and is there a lift?
The property is on floor 4. No information about a lift was provided.
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.