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House 195 м² in Utjeha, Montenegro

235 704 $

1 208 $ /м²

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Area

195 м2

Bedrooms

4

House in Ulcin. City - Utes

Description

For sale a legal three-storey house in Uteh (Bar)
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We offer a spacious three-storey house with beautiful views of the sea and mountains. The house is completely legal, suitable for comfortable living of a large family, and for obtaining a stable rental income.


Planning


First floor:
kitchen-dining room, living room, bathroom, garage and additional parking space.


Second floor:
two separate apartments, each with its own bedroom, bathroom and separate entrance.
Spacious common terrace with sea views.


Third floor:
large apartment with two bedrooms, dressing room, bathroom, private bathroom and terrace.


Plot and benefits
Plot 334 m2, garden with fruit and ornamental trees, automatic irrigation system.
Reservoir for water with a volume of 20 m3.
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The house is great for living, relaxing, renting out or mini-hotel.

Additional details

Property type

Residential Properties

Number of rooms

4

Object type

House

Price

235 704 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Utjeha; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Utjeha short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (235 704 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Utjeha: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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