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Global Properties

Hotel in Tivat, Montenegro No. 1278

$ 1 178 700
12.11.2025 $ 1 178 700
Tivat, Montenegro
Red Panda Properties
Red Panda Properties
Contact seller
Parameters
ID
1278
Type
Hotel
Land area, m²
750
Property description
Tivat, the area of the Island of Flowers. The current hotel has nine rooms
It is fully legalized, the construction permit and all documents are ready for sale
All rooms in the hotel are self–contained apartments, with kitchens, showers and toilets; all apartments have terraces and parking spaces
The distance to the sea is 250m.
View – the sea and the surrounding area
Number of floors – four floors: basement, first, second, third floors
The area is 750 sq.m
. The plot area is 598 sq.m.…

In the courtyard there is a place and an opportunity for the construction of an outdoor swimming pool

The structure of the hotel:
The courtyard is an open gazebo, free spaces used as a barbecue area, additional Parking. There is a place for the construction of an outdoor swimming pool.
The ground floor has a free layout: it is possible to set up a reception, a fitness room, a hotel kitchen and a laundry room; there is also a storage room for household equipment
Ground floor – studio apartment, two one-bedroom apartments, each with large panoramic terraces;
The second floor is a studio apartment, two one-bedroom apartments, each with large panoramic terraces;
The third floor is a studio apartment, two one-bedroom apartments, each with large panoramic terraces;
By area, the structure of the apartments is as follows:
Ground floor:
- one-bedroom apartment with an area of 39 sq.m. and a terrace of 32 sq.m.;
- studio apartment with an area of 30 sq.m. and a terrace of 4 sq.m.;
- one-bedroom apartment with an area of 37 sq.m. and a terrace of 57 sq.m.;
Second floor:
- one-bedroom apartment with an area of 39 sq.m. and a terrace of 32 sq.m.;
- studio apartment with an area of 30 sq.m. and a terrace of 4 sq.m.;
- one-bedroom apartment with an area of 37 sq.m. and a terrace of 57 sq.m.;
Third floor:
- one-bedroom apartment with an area of 39 sq.m. and a terrace of 32 sq.m.;
- studio apartment with an area of 30 sq.m. and a terrace of 4 sq.m.;
- one-bedroom apartment with an area of 37 sq.m. and a terrace of 57 sq.m.;
Ground floor:
- free layout of 156 sq.m.

The ground floor, at the request of the new Owner - except for use as a reception, fitness room, hotel kitchen and laundry room - is ideal for conversion into additional three self–contained apartments.
In addition, all large terraces in one–bedroom apartments can be converted into additional living space, thus obtaining one additional bedroom, an office, or other premises
The area of the hotel is a popular tourist destination. Tourists from all over Europe relax here, and the hotel works well during the tourist season. The hotel is six years old. During the work, the reputation of the hotel has been created, and its own base of regular customers.

There is a marina within walking distance where you can park your yacht.

Just 300 meters from the hotel, the construction of a new five-star hotel has begun, with a large tourist and wellness infrastructure. Commissioning is scheduled for 2025.
Also, in 2024, it is planned to complete the construction of a large landscaped beach with first-class tourist infrastructure, restaurants and cafes. This will greatly increase the rating of the location area, and increase demand, which will entail an increase in rental prices in this location.

This hotel is ideal from the point of view of investing in business in Montenegro – according to the rating "price-quality" - it exceeds all expectations, because, at the moment, its price is at the very beginning of growth – due to the active development of the infrastructure of the area.

We offer you a smart investment that will ensure your future and the future of your children in this amazing country.
Features
Features
  • Fully furnished
Outdoor features
  • Car park
Statistics Tivat
$ 6 193
Price per m²
N/A
Quality of Life Index
N/A
Cost of living Index
Parameters
[:second_city:]
Tivat
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 138
2-Room Apartment
$ 814
Apartment Purchase Price per m²
In the City Center
$ 6 193
Outside the City Center
$ 2 874
Crime Index
31
Cost of Living and Rent Index
N/A
Purchasing Power Index
N/A
Property Price to Income Ratio
20
Safety Index
69
Traffic CO₂ Index
0
Traffic Inefficiency Index
0
Rent Index
26
Health Care Index
48
Groceries Index
47
Pollution Index
30
Traffic Commute Time Index
5
Restaurant Price Index
58
Climate Index
89
Cost of Living Index
N/A
Quality of Life Index
N/A
Traffic Index
7
Restaurants
Meal, Inexpensive Restaurant
$ 11.77
Meal for 2 People, Mid-range Restaurant, Three-course
$ 47.10
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.42
Domestic Beer (0.5 liter draught)
$ 2.94
Imported Beer (0.33 liter bottle)
$ 3.53
Coke/Pepsi (0.33 liter bottle)
$ 2.62
Water (0.33 liter bottle)
$ 1.49
Cappuccino (regular)
$ 2.26
Markets
Milk (regular), (1 liter)
$ 1.36
Loaf of Fresh White Bread (500g)
$ 1.09
Eggs (regular) (12)
$ 3.30
Local Cheese (1kg)
$ 9.30
Water (1.5 liter bottle)
$ 1.20
Bottle of Wine (Mid-Range)
$ 5.89
Domestic Beer (0.5 liter bottle)
$ 1.19
Imported Beer (0.33 liter bottle)
$ 1.84
Cigarettes 20 Pack (Marlboro)
$ 4.47
Apples (1kg)
$ 1.54
Chicken Fillets (1kg)
$ 8.76
Oranges (1kg)
$ 1.68
Potato (1kg)
$ 1.01
Lettuce (1 head)
$ 1.86
Rice (white), (1kg)
$ 2.32
Tomato (1kg)
$ 3.17
Banana (1kg)
$ 1.79
Onion (1kg)
$ 1.18
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 12.63
Transportation
One-way Ticket (Local Transport)
$ 1.77
Monthly Pass (Regular Price)
$ 41.21
Gasoline (1 liter)
$ 1.74
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 30 614
Taxi Start (Normal Tariff)
$ 1.18
Taxi 1km (Normal Tariff)
$ 1.18
Taxi 1hour Waiting (Normal Tariff)
$ 11.77
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 29 424
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 155
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 34.41
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 17.61
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 1 144
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
6%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 50.04
Tennis Court Rent (1 Hour on Weekend)
$ 16.09
Cinema, International Release, 1 Seat
$ 5.89
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 87.03
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 41.21
1 Pair of Nike Running Shoes (Mid-Range)
$ 98.98
1 Pair of Men Leather Business Shoes
$ 111
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 422
International Primary School, Yearly for 1 Child
$ 8 133
Red Panda Properties
Red Panda Properties
Contact seller
Red Panda Properties
Red Panda Properties
Contact seller

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