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Hotel 285 м² in Sutomore, Montenegro

ID 4Oe0h
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Area
285 m²
Bedrooms
9

Description

Hotel, accommodation in Bar. City - Sutomore

Sold operating mini hotel for 4 apartments with swimming pool, sauna, parking for 6 cars in a cozy, private location in Zagradje (Sutomore).overlooking the sea and mountains in the green belt. Mini hotel is located 400mt. from the nearest beach Maljevik, also in walking distance to 5 more beaches, among which the beach Shtrbina with healing blue clay and the central beach “Zlata Obala”.Beaches Sutomore belong to the top 20 best beaches in Montenegro.

Beaches of Sutomore are among the top 20 best beaches in Montenegro.

Hotel layout:

1 floor - studio 45m2 with a capacity of 3-4 people.

1 floor - studio 45m2 with a capacity of 3-4 people.

2 floor-apartment with 2 bedrooms, dining room and kitchen, large terrace and balcony, total area 90m2. Designed for (6 people)

.

3 floor-apartment with two bedrooms, dining room and kitchen with 2 balconies, 90m2. Designed for (6 people)

4.

4. Separate premises next to the pool : studio and sauna 45m2 and terrace 45m2 with sea view.

4.

The sauna functions as a separate facility for hourly rental. Also on the territory there is a separate room for household needs 15m2.

Business has its own client.

Business has its own client base for both renting out apartments and for renting out the sauna, which brings a stable income regardless of the season.

Business has its own client base for renting out apartments, and for renting out the sauna, which brings a stable income regardless of the season.

It is possible to complete the 4th floor with a panoramic view of the sea, which is currently used as a utility room.

The whole area is designerly landscaped (flowers, palm trees, lemons, oranges, fortunela, grapefruit grapes) and thought out to the smallest detail (utility rooms, irrigation, wrought iron gazebos, etc.)

The house is equipped with all the necessary equipment.

The house is equipped with

Characteristics

Property type
Commercial
Number of rooms
9
Object type
Hotel
Price
756 636 $

Window view

  • Sea View

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 Sutomore; 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 Sutomore 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 (756 636 $) 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 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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Hotel with sea view in Sutomore, Montenegro