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AI Summary

An exclusive commercial property with an area of 350 sq. m in picturesque Bijela is located just 80 meters from the azure sea. The building, with 6 cozy bedrooms, 7 balconies, and two professional kitchens, is ideal for creating a successful guesthouse or hotel. This is a magnificent real estate investment with high income potential in one of the most beautiful corners of the coast.

No. 1635

Hotel in Bijela No. 1635

Bijela · Bay of Kotor, Bijela
€580,000
View: Sea view

Details

Area
350 m²
Land area
400 m²
Bedrooms
6
Bathrooms
5
Year built
2013
Parking
Yes
To sea
80 m
Price per m²
€1,657

Description

The hotel is located in the Bay of Kotor in the town of Bijela, just 3 minutes from the sea.

Tivat Airport is 10 km away, Dubrovnik Airport is 35 km away.

It is a 4-storey building of 350 sq.m, offering 6 apartments for guests.

The land plot area is 4 ares. All city utilities are connected: water, sewerage, electricity. There is video surveillance and an alarm system.

There are orange and lemon trees, kiwi, and grapes on the property.

The hotel is ready to accommodate 17 people in its apartments: 25 sq.m, 40 sq.m, 40 sq.m + 40 sq.m terrace, 55 sq.m + 40 sq.m terrace, 70 sq.m + 40 sq.m terrace. Everything necessary for comfortable living is available.

In the room: bathroom, air conditioning, plasma TVs (40 Russian channels), internet, Italian kitchen, iron, washing machine, clothes dryer, and everything necessary for comfortable living, terrace.

The rooms offer a wonderful sea view.

THERE IS A BASE OF REGULAR GUESTS!!!

The hotel has already gained popularity as a family vacation hotel. Almost all guests are families with children who come to stay with us for one to three months.

There are orange and lemon trees, kiwi, and grapes on the property. Not far from the hotel there is a promenade (beach area) 5 km long, with many shops, restaurants, and attractions for children.

​Beach​: located 80 m from the hotel.

This offer is an excellent option for both leisure and business.

Amenities

Sea ViewGrillAir 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

  • SchoolOŠ "Orjenski Bataljon"807 m
  • KindergartenVrtić "Naša Radost"917 m
  • GroceriesMix Markt868 m
  • PharmacyMilja776 m
  • Restaurant404 m
  • Bus stopBIJELA "KOD DJEČIJEG DOMA"109 m
  • ATM967 m
  • AirportTivat Airport8.4 km
  • PortPortonovi Marina3.3 km
  • Sea80 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 80 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
€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
€1,657/m²No. 1635