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AI Summary

Spacious commercial premises of 173 m² on the first line from the sea in the very heart of lively Petrovac — just 50 meters from the water. A thoughtful layout with two large halls, a bar counter, and a kitchen area opens up wide opportunities for a restaurant, café, or boutique. The terrace offers breathtaking views of the sea, city, and mountains — an ideal location for a successful business.

No. 2954

Premises in Petrovac No. 2954

Current as of November 4, 2026

Petrovac · Budva Riviera

€519,000

View: Sea view

Details

Area

173 m²

To sea

50 m

Description

We offer for sale a commercial space of 173 m² on the first line from the sea, in one of the busiest locations in Petrovac.

Main features:

Area: 173 m²
Price: €519,000 (€3,000/m²)
Location: first line from the sea, Petrovac
Condition: sold empty

About the property:

Spacious commercial space with a thoughtful layout: two large halls that can be combined into a single space, a bar counter, a kitchen area, a corridor, two toilets, and two staff restrooms. There is an open terrace in front of the entrance. The property is sold without finishing or equipment, allowing you to realize any concept from scratch.

Location:

Petrovac is a resort town with high summer foot traffic and a growing number of tourists during the off-season. The property is located on the first line from the sea, on one of the central and most frequented streets in the city.

Petrovac Beach – within immediate proximity
Seafront promenade – walking distance
VOLI supermarket – ~700 m

Investment potential:

First line from the sea in Petrovac with a terrace and layout suitable for a restaurant or café – a format that operates at maximum capacity during the season. The price of €3,000/m² for such a location reflects the actual market level for commercial real estate on the Montenegrin coast's first line.

Amenities

Air conditioning Sea View Mountain view City view Terrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price: €519,000
Property transfer tax: €23,140
Notary fees: €1,023.66

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€24,164

Estimated costs to purchase the propertyTotal: €543,164

Location

What's nearby

SchoolOsnovna škola Mirko Srzentić846 m
KindergartenDečiji vrtić Ljubica Jovanović Maša774 m
Groceries26 m
Pharmacy263 m
RestaurantKatič0 m
Bus stopPetrovac (centar)196 m
ATM92 m
AirportTivat Airport28.1 km
PortMarina Budva11.6 km
Sea50 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 50 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.