Hotel business for sale in Montenegro
Tivat, Donja Lastva
1.600.000 €
Area
566 m²
Rooms
18
Bathrooms
9
Floor
4
PROPERTY DESCRIPTION
A ready-made business for sale in Montenegro. A 4* hotel in Tivat. Booking.com score – 9.2
The hotel's area is 566 m2. Plot 348 m2.
On the ground floor: one-bedroom apartment, studio apartment, laundry room, reception, gym, technical rooms, central heating equipment.
The next 3 floors are identical in layout: each has 3 one-bedroom apartments. Total area of the apartments: 35, 38, 29, 33, 37, 31, 34, 35, 31 m2
All apartments and auxiliary spaces are fully equipped.
First owner. Documents are clear.
The hotel is located on the Adriatic Highway in one of the best parts of the city – Donja Lastva. It has its own parking. To the sea – 150 meters.
This property in Montenegro has a high yield.
Annual income:
in season (June-September) 35,000 – 45,000 €
off-season: 15,000 – 20,000 €
Amenities
- Furnished
- Sea view
Location
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Questions about this property
What is the price per square metre?
At 1.600.000 € for 566 m², this listing works out to 2.827 € 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.