AI Summary

A luxurious 1,100 sq. m hotel in picturesque Petrovac is located just 200 meters from the azure coast of the Adriatic Sea. Guests are offered stylish rooms, a well-maintained grounds area with two swimming pools, and magnificent panoramic terraces, creating the atmosphere of the perfect resort getaway. This is an exclusive offer for those looking for a turnkey business in one of the coziest locations in Montenegro.

SaleHotels#642

Hotel in Petrovac No. 642

Petrovac · Budva Riviera, Petrovac, Montenegro
2 200 000 €
View: City view

Details

Area
1100 м²
Land area
850 м²
Parking
Yes
To sea
200 m
Price per m²
2 000 €

Description

A beautiful hotel is located in the town of Petrovac, approximately 200 meters from the seashore. The hotel has 20 luxurious apartments, a reception, a restaurant, and a cocktail bar. All apartments are equipped with a bathroom, air conditioning, cable TV, a kitchenette with a refrigerator, a telephone, and each room has a balcony.Room inventory: the hotel has 66 beds.

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Amenities

Swimming poolCity viewParkingTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
2 200 000 €
Real estate transfer tax
124 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 102 000 € (6% × 1 700 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs126 767 €
Estimated costs to purchase the propertyTotal: 2 326 767 €

Location

What's nearby

  • SchoolОсновна школа Мирко Срзентић611 m
  • KindergartenДечији вртић Љубица Јовановић Маша558 m
  • GroceriesVoli325 m
  • PharmacyBenu359 m
  • RestaurantPod Lozom300 m
  • Bus stopPetrovac (centar)475 m
  • ATM363 m
  • AirportTivat Airport28.3 km
  • PortMarina Budva11.9 km
  • Sea200 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 200 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
€2,200,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€10,944/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€11,301/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€11,482/мес
Monthly payment
€10,163
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€1,540,000
Total interest€899,196
Loan amount
€1,540,000
Total interest
€899,196
Total payment
€2,439,196

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.

2 200 000 €
2 000 €/m²№ 642