For sale is a house of 155 m2 with a land plot of 322 m2 in the suburbs of Ulcinj (Donji Štoj). The house was built and purchased in 2008. It has not been rented out; the owners lived there for 1-1.5 months during the season. The house is located in the summer cottage suburb of Ulcinj (Donji Štoj). The distance to the sandy beach (Velika plaža) and the sea in a straight line is about 900 meters, by road - 2.3 km. It is an ideal place for families with children, as the water near the shore is shallow and the sea warms up quickly. The house has split systems and electric radiators in all rooms. It is connected to electricity, has water from its own well, boilers, and a septic tank. There is a fiber optic connector for the Internet on a pole near the house. The house is equipped with household appliances and furniture. On the first floor, there is a studio of about 50 sq.m (kitchen, dining room, living room), a wood-burning stove-fireplace, and a bathroom with a shower and washing machine. On the second floor, there are 3 bedrooms and 3 bathrooms. In the yard, there is a concrete area for 2-3 cars, along with various plantings. Shops and restaurants in the center of Shtoya are 400 m from the house. At a distance of 7-8 km on the riverbank next to the island of Ada-Bojana, there is a restaurant center (about 10-12 restaurants) with excellent seafood cuisine. The house is guarded and maintained by local neighbors for a reasonable fee. The neighbors are quiet; on one side, there are two houses occupied by Russians, and on the other side, there are German citizens.
Characteristics
Property type
Residential Properties
Number of rooms
4
Object type
House
Price
204 998 $
FAQ
How can I get a residence permit by buying property in Montenegro?
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Ulcinj; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Montenegro?
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.
What taxes and fees apply when buying in Montenegro?
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.
How is the title checked in Montenegro?
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.
Can I rent out property after purchase in Montenegro?
Yes. Rental income tax is 5–25% depending on the regime. In Ulcinj short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (204 998 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Montenegro?
A typical transaction runs 30–90 days, averaging 45 in Ulcinj: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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