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Panoramic Sea View Hotel Przno

Budva · Pržno

€2,200,000

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
€2,200,000
Transfer tax
€124,000
Notary & registration
Scales with value
Price plus transfer tax
€2,324,000

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
10
Bathrooms
10
Size
358 m²
Plot
386 m²
Location
Budva · Pržno
Type
Property
Transaction
For sale
Price per m²
6,145 €
Listing ID
38654

Features & amenities

  • Air Conditioning
  • Sea view

All photos (36)

Details

About this property

Mini-hotel with 10 apartments of 358 m2 on the second line from the sea in Pržno, Budva.

Ground floor, first and second floor – 9 apartments (three per floor) with an area of ​​28-42 m2. All three apartments on the ground floor have direct access to the yard of 236 m2, which is cultivated with olive groves and other Mediterranean greenery.

On the third floor, there is a penthouse apartment of 89 m2, with a terrace offering a panoramic view of the sea.

All units are fully equipped and air-conditioned, and have a kitchen, private bathroom and exit to the terrace.

The building also has a reception, which makes it suitable for renting out. The facility is under video surveillance.

The beach is within walking distance. The old town of Budva is located at a distance of 8 km.

The market around it

At 6,145 € per m² this listing sits about 51% above the median for Pržno, which stands at 4,065 € per m² across 5 listings there with both a price and a floor area.

We currently hold 6 priced listings in Pržno, running from €430,000 to €2,200,000, and this is the most expensive of them.

Within 5 km of this address we hold 28 other priced for sale listings, asking between €185,000 and €1,800,000, with a median of €557,500. At €2,200,000 for 358 m² this one ranks 1 of 29 inside that radius.

Location

Location
Budva · Pržno
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Panoramic Sea View Hotel Przno
€2,200,000 · 358 m² · 6,145 €/m²
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