650,000 €
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650,000 € (1,354 €/m²)
480 m²
5 Room
11 Bathroom

Sale, house, 480m², Petrovac, Budva

Petrovac, Budva Crna Gora

Property description

A spacious house in Petrovets, previously used as an apartment hotel, is for sale. The total area is about 480 m2, with the possibility of expansion to 739 m2, including garages. Eventually, the object can reach an area of about 1000 m2.

Main Features:

• 4 floors of 120 m2 each.
• Ground floor: 2 bedrooms, bathroom, living room and kitchen.
• Second and third floors: 2 bedrooms and 2 apartments on each floor.
• Fourth floor (attic): 2 bedrooms, a small kitchen and a spacious roof terrace.
• The house has 11 bathrooms.
• All rooms and apartments have a magnificent view of the sea.
• In front of the house there is a large lawn, and behind the house there is a spacious terrace and a vineyard.
• The plot is surrounded by forest and greenery.
• Parking for 10 cars, available only to the owners of the house.
• The distance to the sea is about 550 meters in a straight line.
• The possibility of expanding the house and creating a separate access road from the highway.

The house needs renovation and can be used as an apartment hotel or a spacious family home.

Real estate details

Ad ID
544899
Published
09.04.2026
Updated
30.05.2026
Property Type

House

Agency

Cherry Estate

CherryEstate

Loan calculator

Property parameters

Price per m²: 1354.17 €

Down payment 130,000 €

10%50%
1%8%
5 yr35 yr

Calculation result

Monthly installment
3,151 €

240 total installments

Loan amount
520,000 €
Down payment
130,000 €
Total interest
236,263 €
Total payment
756,263 €

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Note: This calculation is for informational purposes only. Actual loan terms may vary depending on the bank, credit rating, and other factors. Please consult your bank for exact conditions.

Average prices of five+ bedroom houses - Budva

Petrovac
Budva

This property's price is 42.78% lower than the average price of a in Petrovac

Average price: 2366.67 €/m²

This property is 18.12% larger then the average size of a in Petrovac

Average size: 406 m²

2,526 €
Average annual price
+11%
Price trend (annually)
99
Days on the market

Regulatory information

Agency (intermediary)

CherryEstate

Registration number

-

CherryEstate

Location

Budva , Petrovac

Area

480m²

Structure

5 rooms

Property Type

House

This information is mandatory under the Law on Mediation in the Sale and Lease of Real Estate of Montenegro. All intermediaries must be registered in the Register of Intermediaries maintained by the competent ministry.

Cherry Estate

CherryEstate

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