AI Summary

A luxurious 276 sq. m residence in a prestigious area of Podgorica impresses with its scale and well-thought-out layout. This exclusive property with spacious, bright rooms will be the perfect space for those who value comfort, privacy, and life in the very heart of Montenegro's capital.

Restaurant in Virpazar No. 650

Podgorica · Central districts, Virpazar, Montenegro
1 000 000 €
View: Mountain view

Details

Area
276 м²
Bathrooms
3
To sea
30000 m
Price per m²
3 623 €

Description

Restaurant on Lake Skadar in the village of Virpazar On the first line of the Skadar Lake National Park, in the settlement of Virpazar, a house with a total area of 276m2 is for sale, which has 3 floors and a basement. In the basement (57m2) there is a fully developed restaurant, made in a traditional style (stone and wood) with a wine cellar, where you can taste and buy the finest Montenegrin wines. On the first floor (64m2) there is a kitchen, bar, toilet and storage room. The second floor (80m2) has a terrace, and there is also a dining room there (7 tables for 50 people), a bar and a toilet. On the third floor there are apartments of 75m2, which have a living room, a bathroom and three bedrooms. The price includes a fully established family business (all restaurant inventory, as well as 4 boats (3 small ones (for 15 people) and one large one (for 60 people). This mini-town consists of twenty or thirty houses, one hotel, several catering establishments of different levels, as well as several tourist companies. The historical part of this settlement is small; it includes monuments to partisans and heroes of the Great Patriotic War. However, a notable historical tradition is the opening of a market-fair on Fridays, where local residents sell fresh produce grown on their own plots of land. Not far from Virpazar is the business center and the main city of Montenegro - Podgorica

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
1 000 000 €
Real estate transfer tax
52 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 30 000 € (6% × 500 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs53 509 €
Estimated costs to purchase the propertyTotal: 1 053 509 €

Location

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 30000 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
€1,000,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€4,975/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€5,137/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€5,219/мес
Monthly payment
€4,620
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€700,000
Total interest€408,726
Loan amount
€700,000
Total interest
€408,726
Total payment
€1,108,726

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.

1 000 000 €
3 623 €/m²650