Area
146 м2
Bedrooms
4
House in Bar. City - Sutomore
Description
House area - 146 m2
Plot area - 221 m2
First floor - corridor, living room with kitchen, two bedrooms, bathroom, terrace;
Second floor - living room with kitchen, two bedrooms, bathroom, terrace.
Parking.
View of the mountains and the sea.
Distance to the beach - 800 meters.
There is a mini market within walking distance.
Parking space.
City water + additional tank.
City sewerage.
The house is insulated.
The house is furnished and equipped with necessary appliances.
If desired, you can purchase the adjacent plot.
Additional details
Property type
Residential Properties
Number of rooms
4
Object type
House
Price
192 982 $
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 Sutomore; 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 Sutomore 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 (192 982 $) 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 Sutomore: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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Liliya
International Real Estate Consultant