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AI Summary

A cozy hotel is for sale in picturesque Čanj, located just 800 meters from the azure coastline. The property, with an area of 330 sq. m, includes 5 comfortable rooms, two living rooms, and a private kitchen, making it an excellent choice for a turnkey business. This is an ideal real estate investment by the sea at an attractive price — 350,000 euros!

No. 341

Hotel in Čanj No. 341

Chan · Bar Riviera, Čanj, Montenegro
€350,000
View: City view

Details

Area
330 m²
Land area
321 m²
Parking
Yes
To sea
800 m
Price per m²
€1,061

Description

Mini-hotel in the resort village of Čanj.

The hotel has 10 studio apartments with terraces, each 25 m2

a two-bedroom apartment of 50 m2 (two bedrooms, two bathrooms, two terraces with sea view.

Good asphalt road to the house, sewerage, water, electricity, parking, video surveillance, satellite television. The sea is only

800 meters away. The property is fully furnished and ready to move in. Good occupancy during the season.

Amenities

City viewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€350,000
Property transfer tax
€14,500
€4,500 (3% × 150,000) + €10,000 (5% × 200,000)

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

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€15,351
Estimated costs to purchase the propertyTotal: €365,351

Location

What's nearby

  • GroceriesMarket Galeb270 m
  • RestaurantKorzo287 m
  • Bus stop337 m
  • AirportPodgorica Airport30.0 km
  • PortMarina Bar10.2 km
  • Sea800 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 800 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.

Calculate mortgage

Beta · still being polished
Property price
€350,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,741/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,798/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,827/mo
Monthly payment
€1,617
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€245,000
Total interest€143,054
Loan amount
€245,000
Total interest
€143,054
Total payment
€388,054

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

€350,000
€1,061/m²No. 341