AI Summary

A ready-made hotel business is for sale in sunny Bar — an ideal investment just 600 meters from the Adriatic Sea! On an area of 744 sq. m, cozy rooms, common areas, and a kitchen have been thoughtfully arranged, ensuring a comfortable stay for guests and stable income for the owner.

Hotel in Bar No. 379

Bar · Bar Riviera, Bar, Montenegro
790 000 €
View: City view

Details

Area
744 м²
Land area
338 м²
Parking
Yes
To sea
600 m
Price per m²
1 062 €

Description

A magnificent hotel in the city of Bar, the hotel has four floors. On the first floor there is a large 100 m2 lobby and guest reception area, and also on the first floor there is a large 100 m2 three-bedroom apartment. On the second and third floors there are 24 rooms on each floor, each with a bathroom, TV, refrigerator, and access to a terrace. On the fourth floor there is a glazed restaurant with a superb view of the sea and the city of Bar. At the top of the hotel, on the open terrace, there are sun loungers and a mini pool for children, and there is the possibility to build a swimming pool. An excellent offer.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
790 000 €
Real estate transfer tax
39 400 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 17 400 € (6% × 290 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs40 689 €
Estimated costs to purchase the propertyTotal: 830 689 €

Location

What's nearby

  • SchoolAdriatic Open61 m
  • KindergartenPahulja211 m
  • GroceriesPekara140 m
  • PharmacyMeditas120 m
  • Restaurant501 Darts Bar39 m
  • Bus stop156 m
  • ATMPrva banka40 m
  • AirportPodgorica Airport31.9 km
  • PortLuka Bar349 m
  • Sea600 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 600 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
€790,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€3,930/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€4,058/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€4,123/мес
Monthly payment
€3,650
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€553,000
Total interest€322,893
Loan amount
€553,000
Total interest
€322,893
Total payment
€875,893

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.

790 000 €
1 062 €/m²379