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Hotel in Petrovac no. 642

Budva, Petrovac na Moru

2.200.000 €

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  • Area

    1100 m²

  • Parking

    Yes

PROPERTY DESCRIPTION

A beautiful hotel is located in the town of Petrovac, about 200 meters from the sea coast. The hotel features 20 luxury apartments, a reception, a restaurant, and a cocktail bar. All apartments are equipped with a bathroom, air conditioning, cable television, a kitchenette with a refrigerator, a telephone, and each room has a balcony. Number of accommodation units: the total capacity of the hotel is 66 beds.

Details

Property type
restaurant

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 2.200.000 € for 1100 m², this listing works out to 2.000 € 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.