Prcanj – Historical Complex of Stone Villas and Houses
Kotor · Prčanj · 800 m² · 10 beds · 10 baths
€3,600,000
Exclusive
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Property in Montenegro Team
Bijela 4* Waterfront Hotel
Herceg Novi · Bijela
€3,000,000
Buying with residence in mind? The permit threshold is €150,000 of tax-assessed value — the figure in the Tax Administration’s transfer tax decision, not the asking price. Citizens of the EU, EEA and Switzerland are exempt from it. How residence through property works →
- Asking price
- €3,000,000
- Transfer tax
- €172,000
- Notary & registration
- Scales with value
- Price plus transfer tax
- €3,172,000
We do not record which of the two applies to an individual listing, and it changes the tax entirely: on a first sale the seller accounts for VAT and the buyer owes no transfer tax at all.
Indicative, calculated on the asking price. The taxable value is set by the Tax Administration and may differ. Annual municipal property tax is charged separately and cannot exceed 1% of value.
- Bedrooms
- 12
- Bathrooms
- 12
- Size
- 784 m²
- Location
- Herceg Novi · Bijela
- Type
- Resort & building
- Transaction
- For sale
- Price per m²
- 3,826 €
- Listing ID
- 34815
Features & amenities
- Air Conditioning
- Cable TV
- Furniture
- Garden
- Laundry
- Lawn
- Private Parking
- Refrigerator
- Restaurant
- Sea view
- Security
- Washer
- Wi-Fi
All photos (25)
Details
About this property
Area: 784 m2
Total number of accommodation units: 12
Rooms: 10
Apartments: 2
Parking spaces: 9
Renovated 4-star mini-hotel, with 12 accommodation units with reception, breakfast restaurant, terrace, and parking area, in the first line to the sea.
All rooms and apartments are fully equipped, and refurbished and each unit has a terrace with a beautiful view of the sea and the beach.
The restaurant’s capacity is 40 people and the outdoor terrace is able to host up to 30 people. The kitchen attached to the restaurant is equipped with professional appliances and furniture, having its own storage area for food and storage for linen, cleaning supplies, etc.
Additional storage space planned for a massage room with its own bathroom and shower is set adjacent to the hotel, with 3 additional rooms for employees up to 8 people.
All the rooms have sophisticated Adria software for additional security as well as fire alarms, video surveillance, AC, and internet.
The hotel is for sale with all the furniture and appliances.
The market around it
At 3,826 € per m² this listing sits about 48% below the median for Herceg Novi, which stands at 7,377 € per m² across 28 listings there with both a price and a floor area.
We currently hold 29 priced listings in Herceg Novi, running from €173,000 to €3,375,000; by price this one ranks 2 of 29.
Within 5 km of this address we hold 57 other priced for sale listings, asking between €125,440 and €3,375,000, with a median of €633,200. At €3,000,000 for 784 m² this one ranks 2 of 58 inside that radius.
Location
Location
Herceg Novi · Bijela
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Bijela 4* Waterfront Hotel
€3,000,000 · 784 m² · 3,826 €/m²
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