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Hotel with 5 apartments in Herceg Novi. 1st row from the sea!

Herceg Novi, Igalo

680.000 €

SOLD
1 / 7
  • Area

    133 m²

  • Rooms

    5

  • Bathrooms

    5

  • Floor

    3

PROPERTY DESCRIPTION

Apart-hotel on the first line of the sea – a unique offer in Montenegro. The hotel has been operating since June 2014. Rating on booking.com – 8.9 points.

Area - 133 m2. Land – 267 m2. The hotel has 5 fully equipped apartments, each consisting of a living room with a kitchen, a bedroom, and a bathroom. Each apartment has a large balcony and an open sea view. Rooms are equipped with everything necessary for a comfortable stay: air conditioning, flat-screen TV, washing machine, microwave. Internet. 

The hotel has a garden with a shared terrace and barbecue equipment. Open pool. Boat dock. Free parking. It is an attractive investment property in Montenegro with a successful and well-developed business.

Njivice is a small and beautiful tourist place in Herceg Novi, on the border with Croatia. It is a very quiet, clean, and pleasant place on the Adriatic coast. The settlement has several small shops and cafes, a couple of good restaurants. The wonderful beach consists of sandy and fine pebble parts, and the water is clean and clear, due to Njivice's proximity to the open sea. This beach is called "royal". The entrance to the sea is gentle, and the shallow depth allows the water to warm up well. Therefore, this place is ideal for a family vacation with children.

Dubrovnik Airport is 25 km away, and Tivat Airport is 31 km away.

Amenities

  • Terrace
  • Furnished
  • Sea view

Location

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FREQUENTLY ASKED

Questions about this property

What is the price per square metre?

At 680.000 € for 133 m², this listing works out to 5.113 € 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 3. 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.