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.

SaleHotels#1712

Mini-hotel in Zelenika No. 1712

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

Details

Area
550 м²
Land area
330 м²
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.

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Amenities

GrillAir conditioningFully furnishedParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

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

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs27 868 €
Estimated costs to purchase the propertyTotal: 607 868 €

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%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€2,885/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€2,979/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,027/мес
Monthly payment
€2,679
Over 240 months · at 5.0% p.a.
63%тело
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 €/m²№ 1712