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Hotels for Sale in Montenegro

From: 0 € - To: 5m+ €
From: 0 m² - To: 1000+ m²

Fully Equipped Hotel with Restaurant in Bečići – 200m from the Sea

Becici Hotel Bedrooms: 18 Size 589 m² 200 m to sea
Exclusive sale of a brand-new hotel in Budva
Exclusive sale of a brand-new hotel in Budva — photo 2
Exclusive sale of a brand-new hotel in Budva — photo 3
#6678
Hot offer

Exclusive sale of a brand-new hotel in Budva

Budva Hotel Bedrooms: 10 Size 460 m² 100 m to sea

# 6827 Hotel GALIA in Prcan 2.334 mln

Prcanj Hotel Bedrooms: 12 Size 568 m²
Eco-Luxury 4★ Tourist Complex for Sale – Kolašin
Eco-Luxury 4★ Tourist Complex for Sale – Kolašin — photo 2
Eco-Luxury 4★ Tourist Complex for Sale – Kolašin — photo 3
#6812
Hot offer

Eco-Luxury 4★ Tourist Complex for Sale – Kolašin

Kolasin Hotel Size 4881 m²
FOR SALE / PARTNERSHIP – HOTEL IN A PRIME LOCATION
FOR SALE / PARTNERSHIP – HOTEL IN A PRIME LOCATION — photo 2
FOR SALE / PARTNERSHIP – HOTEL IN A PRIME LOCATION — photo 3
#6707
Hot offer

FOR SALE / PARTNERSHIP – HOTEL IN A PRIME LOCATION

Dobre Vode Hotel Bedrooms: 20 Size 1186 m² 350 m to sea
Modern Boutique Hotel with Panoramic Views – Luxury Adriatic Investment
Modern Boutique Hotel with Panoramic Views – Luxury Adriatic Investment — photo 2
Modern Boutique Hotel with Panoramic Views – Luxury Adriatic Investment — photo 3
#6500
Hot offer

Modern Boutique Hotel with Panoramic Views – Luxury Adriatic Investment

Herceg Novi Hotel Bedrooms: 18 Size 1000 m² 40m m to sea

Mini-hotel in Budva

Budva Hotel Bedrooms: 12 Size 487 m² 750 m to sea

Hotel near the sea in Kotor

Dobrota Hotel Bedrooms: 7 Size 380 m² 95 m to sea

Mini hotel with swimming pool near Kotor

Risan Hotel Bedrooms: 11 Size 300 m² 150 m to sea

Mini-hotel in Budva

Budva Hotel Bedrooms: 13 Size 600 m² 800 m to sea

Hotel for sale in Budva

Budva Hotel Bedrooms: 25 Size 800 m²

Hotel in Igalo

Herceg Novi Hotel Bedrooms: 19 Size 705 m²

Tourist complex in Markovici

Budva Hotel Size 746 m²

Mini hotel in Sutomore

Bar Hotel Bedrooms: 4 Size 430 m²

Hotel in Becici

Becici Hotel Bedrooms: 23 Size 770 + 660 m²

Mini-hotel In Baosici

Herceg Novi Hotel Bedrooms: 12 Size 350 m²

Mini hotel in Herceg Novi

Meljine Hotel Bedrooms: 10 Size 342 m² 150 m to sea

Mini hotel in Becici

Becici Hotel Bedrooms: 21 Size 1173 m²

Mini hotel in Herceg Novi

Herceg Novi Hotel Bedrooms: 19+6 Size 790+433 m²

Hotel on the front line in Stoliv

Kotor Hotel Bedrooms: 28 Size 1630 m²

Apart hotel in Budva

Budva Hotel Bedrooms: 8 Size 1000 m²

Hotel in Buljarice

Budva Hotel Bedrooms: 11 Size 957 m² 100 m to sea

Hotel in Baosici

Herceg Novi Hotel Bedrooms: 22 Size 800 m²

Mini-hotel in Herceg Novi

Herceg Novi Hotel Bedrooms: 5 Size 300 m²

Commercial Hotel Opportunity Near Budva

Budva Hotel Bedrooms: 37 Size 1800 m²

Mini hotel in Igalo

Igalo Hotel Bedrooms: 16 Size 830 m² 3000 m to sea

Mini-hotel in Sutomore

Bar Hotel Bedrooms: 6 Size 480 m²

Bar Hotel Bedrooms: 24 Size 1200 m²

Mini hotel in Igalo

Herceg Novi Hotel Bedrooms: 11 апартаментов Size 650 m²

Fully Furnished ApartHotel Near Budva

Budva Hotel Bedrooms: 10 Size 920 m²
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CMM Group offers hotels for sale in Montenegro

Montenegro has become a popular destination for travellers thanks to its stunning Adriatic coastline, charming medieval towns and magnificent natural landscapes. As a result, Montenegro’s hotel market is thriving, and the hotels currently for sale offer excellent investment opportunities. Whether you are looking for a boutique hotel in a coastal town such as Budva or Kotor, or a larger resort in the Bay of Kotor, CMM Investment Consulting Group offers options for every taste and budget. Montenegro’s tourism industry is growing steadily, and the government actively encourages foreign investment, including in the hospitality sector.

Why invest in Montenegrin hotels?

As mentioned above, Montenegro has seen significant tourism growth in recent years, attracting more and more visitors. This has driven up demand for quality accommodation, which makes buying a property such as a hotel a potentially very profitable investment.

For example, buying a hotel in Kotor close to the sea can be an excellent long-term investment.

In addition, the Montenegrin authorities support foreign investment, including incentives for companies operating in the hospitality industry.

The favourable tax and business environment is worth highlighting: thanks to low corporate taxes, a relatively simple and transparent business registration process and a growing property market, this beautiful coastal country is considered one of the most attractive investment destinations in the Balkans.

And do not overlook the country’s diverse natural scenery: mountain peaks, powerful rivers, picturesque lakes and beautiful beaches. They attract travellers all year round, making Montenegro an ideal location for every type of hotel — a luxury resort for sale, a boutique hotel or a small seaside guest house.

What to do after buying a hotel?

When considering hotels for sale in Montenegro, there are several strategies to choose from, depending on your investment goals, resources and experience. Here are a few options to consider:

Renovation and modernisation

If a hotel property is in an excellent location but needs updating, renovation can be a smart move. You can invest in refurbishing, furnishing and redesigning the hotel to attract both tourists and locals, significantly increasing the property’s value. Visit our services page to see what CMM Group can do for you if you decide to buy a hotel and redevelop it.

Redevelopment

In rapidly developing tourist areas such as Tivat, Herceg Novi and the Budva Riviera, there are opportunities to acquire existing properties for building new hotels or resorts.

As the number of international visitors to Montenegro grows, so does the demand for accommodation. With smart planning and design, you can create a new luxury destination that will attract plenty of travellers.

Short-term rentals

If you are interested in a more flexible business model, consider converting a hotel property into short-term rental apartments or monthly-let accommodation. This option taps into the growing demand for holiday lettings, where tourists rent individual apartments or houses as an alternative to traditional hotel rooms.

CMM Group’s tips for buying a hotel property

Finding the best hotel for sale in Montenegro largely depends on your investment goals and budget — whether you are after a boutique hotel, a luxury resort or something else. Still, there are a few things to keep in mind when deciding to buy a hotel:

  • Location: the key factor in a property’s value and its potential to attract guests. Coastal properties are usually more expensive but can generate high returns, especially in peak season. Our experienced agents will do their best to find the perfect spot for you.
  • Size: think about whether you want a small hotel or a larger property with multiple units and broad rental potential.
  • Condition: some properties may require substantial renovation. Make sure you factor in the cost and time needed to bring the property up to modern standards.

When looking for hotel real estate in Montenegro, CMM will introduce you to the freshest offers from our catalogue, advise on prices and help you close the deal. Call now: +382 67 999 939.

Buying a hotel in Montenegro — FAQ

Can a foreigner own and run a hotel in Montenegro?

Yes. Hotels are typically bought through a Montenegrin company, which is quick to register; the company then holds the licences needed to operate accommodation.

Where do hotels perform best?

The coastal towns — Budva, Kotor, Tivat and Herceg Novi — capture the bulk of Montenegro's tourist flow; mountain locations like Kolasin and Zabljak work on the winter and hiking seasons.

What returns can a hotel deliver?

Returns depend on location, category and season length. Boutique properties in prime coastal spots with professional management have the strongest record; we can share occupancy benchmarks for specific listings.

What should I check before buying a hotel?

Title and permits, the technical condition of the building, existing staff and bookings, and any renovation the category requires. CMM's consultants run this due diligence with you.