Skip to content

AI Summary

A luxurious 550 sq. m business villa in picturesque Herceg Novi is the perfect solution for investment or for creating an upscale hotel. The property features 9 spacious bedrooms, 6 bright living rooms, and 5 cozy balconies offering stunning views of the seashore. This turnkey solution with a well-thought-out layout combines premium comfort and high commercial potential.

No. 1712

Mini-hotel in Zelenika No. 1712

Herceg Novi · Bay of Kotor, Zelenika, Municipality of Herceg Novi, 85346, Montenegro
€580,000

Details

Area
550 m²
Land area
330 m²
Bedrooms
9
Parking
Yes
Price per m²
€1,055

Description

Ready-made tourist business in Zelenika, in a quiet, secluded area, near the city of Herceg Novi. The house consists of several apartments, has two huge terraces and a garage for 8 cars. The house is sold fully furnished and is a ready-made tourist business with a high level of profitability. Next to the house there is a green plot of 330 m2.

Amenities

GrillAir conditioningFully furnishedParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€580,000
Property transfer tax
€26,800
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €4,800 (6% × 80,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€27,887
Estimated costs to purchase the propertyTotal: €607,887

Location

What's nearby

  • SchoolAdriatic School1.7 km
  • Kindergarten2.1 km
  • GroceriesIDEA55 m
  • Pharmacy187 m
  • HospitalVojna bolnica1.4 km
  • RestaurantEkspres restoran71 m
  • Bus stopZelenika centar166 m
  • ATM1.2 km
  • AirportTivat Airport13.4 km
  • PortPortonovi Marina3.0 km
  • Sea148 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.
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
€580,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,885/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,979/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,027/mo
Monthly payment
€2,679
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€406,000
Total interest€237,061
Loan amount
€406,000
Total interest
€237,061
Total payment
€643,061

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.

€580,000
€1,055/m²No. 1712