For sale: mini hotel in Boka Kotorska - Risan
Kotor, Risan
1.100.000 €
Area
350 m²
Rooms
11
Bathrooms
9
Floor
1
PROPERTY DESCRIPTION
A mini hotel is for sale in Boka Kotorska – Risan
The old stone building is located less than 100 meters from the sea on Gabela Street – one of the oldest streets in Europe with a rich history, under UNESCO protection. The hotel was completely renovated and opened in 2021. It has a high rating on booking.
Description:
The main building with 4 floors has an area of 320 m2 (each floor is 80 m2) and consists of eight apartments – two on each level:
2 apartments on the ground floor have outdoor terraces, 4 apartments on the first and second floors have balconies. The apartments in the attic have a part of the roof slope and are in an open-space variant.
Next to the main building, there is another building of 30 m2 which is connected to the main one. On the ground floor of the auxiliary building, there is a stone wine room. In the other room – a summer kitchen and a toilet.
Above these rooms is a spacious covered terrace with a sea view.
In the hotel courtyard, there is a pool with accompanying equipment. The courtyard is enclosed with a stone fence and wooden gates with security protection.
The property is equipped with an alarm and video surveillance, television, and internet. In front of the hotel building, there is parking for 5-8 cars (the parking is not owned, a request for long-term lease has been submitted).
The hotel is sold as a turnkey business: real estate, equipment, furniture, client base, well-promoted booking
Location
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Questions about this property
What is the price per square metre?
At 1.100.000 € for 350 m², this listing works out to 3.143 € 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 1. 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 property has been sold; the listing stays visible for price history. Contact the advertiser to confirm the latest status.