Crown Plaza Hotel Apartments

Rooms: 29 – 37 m2

Studio: 40 – 62 m2

Hotel Crown Plaza is located in the center of Kolasin and will have 105 accommodation units. The owners and guests of the hotel will have at their disposal an indoor swimming pool, SPA, gym, boutiques, and a restaurant with a lounge bar that will cover 270 m2 in the lobby of the building.

Room prices start at 129,570 euros and up, while a studio apartment can be purchased at a starting price of 221,210 euros.

Buyers are granted a phased payment in 4 installments (30-30-20-20) or a 10% discount on the price in case of payment of the entire price according to the contract.

Our recommendation is an apartment of 42 m2 at a price of 228,690 eur.

The hotel also offers private transfers (airport-hotel-ski track), exclusive programs of excursions and tours, and rental of ATVs, bicycles, buggies, as well as ski equipment.

The hotel is located 11 km from the ski slope Kolasin 1450 and 13 km from the slope Kolasin 1600. Only 100 m away is the city square and the pedestrian zone with numerous restaurants, boutiques, and all the necessary urban infrastructure. The nearest airport is in Podgorica, 60 km away.

At 5,445 € per m² this listing sits about 45% above the median for Kolašin, which stands at 3,750 € per m² across the 8 properties we hold there. A premium usually buys position: the first line, a higher floor, or a completed build rather than one still under way.

We currently hold 8 properties in Kolašin, running from €168,289 to €550,000; by price this one ranks 5 of 8. Where a property falls in that order tells you more than the asking price on its own.

On this asking price of €228,690 for 42 m², transfer tax comes to €8,435 — an effective 3.7%. Since 2024 the rate is progressive rather than a flat 3%, so it is worth calculating on the actual figure rather than assuming.

Within 5 km of this address we hold 3 other for sale listings, asking between €225,000 and €550,000, with a median of €320,000. At €228,690 for 42 m² this one ranks 3 of 4 inside that radius. Comparing against immediate neighbours is a shorter route to a fair price than comparing against a whole town.