
Agency contact
Property in Montenegro Team
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
Pins are placed at neighbourhood level. Exact addresses are shared on viewing.
Viewing
Arrange a viewing of this property.
Enquiry
Your enquiry goes straight to our team.
Similar properties
Exclusive Designer Villa, Skocidjevojka, BudvaExclusive Designer Villa, Skocidjevojka, BudvaBudva · Skočiđevojka · 580 m² · 6 beds · 6 baths€5,000,000Exclusive
Three Bedroom Golf Villa, Lustica Bay, TivatThree Bedroom Golf Villa, Lustica Bay, TivatTivat · Luštica Bay · 339 m² · 4 beds · 3 baths€3,756,000Exclusive
Rezevici 5bdr Authentic VillaRezevici 5bdr Authentic VillaBudva · Reževići · 550 m² · 5 beds · 5 baths€3,500,000Exclusive
Portonovi 3bdr Penthouse with a Private Swimming PoolPortonovi 3bdr Penthouse with a Private Swimming PoolHerceg Novi · Portonovi · 382 m² · 3 beds · 3 baths€3,375,000Exclusive
Waterfront Penthouse in Tara Building, Porto MontenegroWaterfront Penthouse in Tara Building, Porto MontenegroTivat · Porto Montenegro · 357 m² · 4 beds · 3 baths€2,750,000Exclusive
Portonovi Village Residences 3bdr VillaPortonovi Village Residences 3bdr VillaHerceg Novi · Portonovi · 325 m² · 3 beds · 3 baths€2,750,000Exclusive

