AI Summary

A luxurious hotel is for sale in picturesque Orahovac, located just 50 meters from the azure sea. On an area of 400 m², there are 7 cozy bedrooms, spacious living rooms, and stylish bathrooms, making this property an ideal choice for a successful hospitality business in the very heart of Montenegro.

Mini-hotel in Orahovac No. 659

Orahovac · Bay of Kotor, Orahovac, Montenegro
950 000 €

Details

Area
400 м²
Land area
1060 м²
Bedrooms
7
Bathrooms
7
Parking
Yes
To sea
50 m
Price per m²
2 375 €

Description

Mini-hotel in the Bay - Orahovac, Kotor
A mini-hotel is for sale in the village of Orahovac, in the Bay of Kotor. The property, with an area of 400 m2, is located on a 680 m2 plot + 380 m2 parking, just 50 m from the sea. The property has 6 luxury apartments: 4 one-bedroom apartments (70 sq.m each), one three-bedroom apartment (160 sq.m), and one two-bedroom apartment (82 sq.m), as well as one auxiliary (38 sq.m) apartment with a sea view.
Each apartment has a bathroom, kitchen, balcony with sea view, LCD TV, DVD, cable television, internet, air conditioning, 24-hour water supply, swimming pool, yard, parking.
The property is located near the Old Town of Kotor, one of the most famous cities of the Mediterranean, listed by UNESCO as a World Natural and Cultural Heritage site. The village of Orahovac is distinguished by a large number of sunny days per year, clean water, and a four-hundred-year-old oak tree. Local transport connects the village well with the cities of Kotor and Herceg Novi. Orahovac is 7 km from Kotor, 20 km from Tivat Airport, 70 km from the Port of Bar, 50 km from Čilipi Airport, and 100 km from Podgorica. There are no luxurious beaches in the Bay of Kotor, but the bays still offer complete enjoyment. There is peace and quiet here. Away from prying eyes, you can enjoy nature.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
950 000 €
Real estate transfer tax
49 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 27 000 € (6% × 450 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs50 462 €
Estimated costs to purchase the propertyTotal: 1 000 462 €

Location

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 50 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
€950,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€4,726/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€4,880/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€4,958/мес
Monthly payment
€4,389
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€665,000
Total interest€388,289
Loan amount
€665,000
Total interest
€388,289
Total payment
€1,053,289

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.

950 000 €
2 375 €/m²659