Mini Hotel in Rafailovići No. 1087, 200 m²

Description

In the small resort town of Rafailovići, a stone house - a mini hotel from 1813 - is for sale.
The house has a total area of 200 m2, is located on a 300 m2 plot, and is only 80 m from the sea.
Inside, the house was completely renovated in 2016.
The mini-hotel has 4 floors, with the following layout: four apartments and six studios.
There is a private courtyard with lemon, mandarin, pomegranate, grapevine, palm, and many flowers. All rooms are furnished and ready for rent. Within walking distance are a supermarket, restaurants, and a clinic.
Studios No. 1, No. 2, and No. 3 are located on the fourth floor, with sea views.
Studios No. 4 (courtyard view), No. 5, and No. 6 (sea view) are located on the third floor. Each studio has: a bathroom, two sofa beds with orthopedic mattresses, a refrigerator, internet TV, WI-FI, air conditioning, a table, a wardrobe with shelves and hangers, and an electric kettle. Each studio is about 17 m2.
Apartments No. 7 and No. 8 are located on the second floor. A large bed, equipped kitchen, sofa bed, internet TV, air conditioning, bathroom, WI-FI. Each apartment is approximately 30 m2.
On the second floor there is also an apartment for the owners. Apartment No. 9 is located on the first floor and has its own small piece of the courtyard.

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 80 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.