AI Summary

A cozy hotel with an area of 342 sq. m is for sale in the picturesque Bay of Kotor, located just 500 meters from the azure sea. Guests have access to 10 bright bedrooms, a functional kitchen, 9 cozy relaxation rooms, and two spacious balconies with breathtaking views of the coast — an ideal choice for a ready-made tourism business.

Mini Hotel in Meljine No. 1158

Bay of Kotor, Meljine, Montenegro
750 000 €
View: City view

Details

Area
342 м²
Land area
476 м²
Bedrooms
10
Bathrooms
6
Parking
Yes
To sea
500 m
Price per m²
2 193 €

Description

A three-story mini-hotel is for sale in the settlement of Meline, near the city of Herceg Novi. The mini-hotel building, with a total area of 342 m2, is located on a plot of 476 m2. The distance to the sea is 150 meters. All utilities are connected to the building. There are parking spaces for nine cars near the mini-hotel building. Fruit-bearing citrus plants grow in the garden. All necessary infrastructure is in the immediate vicinity.
On the first floor there is a large living room, kitchen, office space, two bedrooms, a bathroom, and three terraces.
On the second and third floors there are four apartments each. Six of them have a studio apartment layout with a bathroom and a terrace. Two apartments have the same layout: a bedroom, living room, bathroom, terrace. There is also the possibility of adding another floor, which is a good prospect for selling by floor or by apartment. There is also a basement.
Tivat Airport is 20 km away, and Dubrovnik Airport is 29 km away.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
750 000 €
Real estate transfer tax
37 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 15 000 € (6% × 250 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs38 241 €
Estimated costs to purchase the propertyTotal: 788 241 €

Location

What's nearby

  • SchoolOsnovna škola “Milan Vuković”870 m
  • Kindergarten891 m
  • GroceriesPekara Meljine131 m
  • PharmacyTea Medica176 m
  • HospitalVojna bolnica502 m
  • Restaurant133 m
  • Bus stopMELJINE "IZNAD KRUŽNOG TOKA"108 m
  • ATM234 m
  • AirportTivat Airport14.9 km
  • PortMarina - Škver2.2 km
  • Sea500 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
This property is about 500 m from the sea.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€750,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€3,731/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,853/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,914/мес
Monthly payment
€3,465
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€525,000
Total interest€306,544
Loan amount
€525,000
Total interest
€306,544
Total payment
€831,544

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

750 000 €
2 193 €/m²1158