AI Summary

A luxurious hotel is for sale in picturesque Shushan, located just 200 meters from the azure coastline. On an area of 520 sq. m, there are 11 comfortable bedrooms, three cozy living rooms, and two functional kitchens, while two panoramic balconies with breathtaking views complete the space. This property is an ideal turnkey business for those who value a combination of high comfort and proximity to the sea.

Mini-hotel in Shushan No. 779

Shushan · Bar Riviera, Shushan, Montenegro
1 100 000 €
View: Sea view

Details

Area
520 м²
Land area
600 м²
Bedrooms
11
Bathrooms
12
Parking
Yes
To sea
200 m
Price per m²
2 115 €

Description

A mini-hotel is for sale in the city of Bar, in the Green Belt. The distance to the sea is only 200 meters.
The building can be sold as separate one-bedroom and two-bedroom apartments, or as an income property, or as a mini-hotel.
The house is divided into 7 separate apartments, with 2 apartments on each floor. The house has central sewage, a 23 m3 water tank, high ceilings, and large rooms.
On a 600 m2 plot, the ground floor of a restaurant has been built. All developed infrastructure is nearby. From all windows there is a magnificent sea view.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
1 100 000 €
Real estate transfer tax
58 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 36 000 € (6% × 600 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs59 619 €
Estimated costs to purchase the propertyTotal: 1 159 619 €

Location

What's nearby

  • AirportSjenica Air Base8190.1 km
  • PortLedena Pecina Sjenica8191.1 km
  • Sea200 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 200 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
€1,100,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€5,472/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€5,651/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€5,741/мес
Monthly payment
€5,082
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€770,000
Total interest€449,598
Loan amount
€770,000
Total interest
€449,598
Total payment
€1,219,598

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.

1 100 000 €
2 115 €/m²779