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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.

No. 379

Hotel in Bar No. 379

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

Details

Area
744 m²
Land area
338 m²
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.

Amenities

Swimming poolCity viewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

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

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€40,707
Estimated costs to purchase the propertyTotal: €830,707

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%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,930/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€4,058/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€4,123/mo
Monthly payment
€3,650
Over 240 months · at 5.0% p.a.
63%principal
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/m²No. 379