Flat 360 м² in Sutomore, Montenegro

619 882 $

1 721 $ /м²

4Oeyf

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #1

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #2

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #3

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #4

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #5

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #6

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #7

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #8

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #9

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #10

Flat 360m² in Montenegro, Sutomore. Priced at 530000€ rent photo- #11

Area

360 м²

Bedrooms

Apartment in Bar. The city is Sutomore.

Description

A house with a restaurant and apartments, located in Spichansko Polje, Zagrade, Sutomore, in a quiet area with a view of Spichansko Polje and the sea, approximately a five-minute walk from the bay and the Maljevik beach, as well as other beaches in the area. The building is constructed on a plot of 448m2 (14x32m) and consists of a basement and two floors, with a total usable area of 360m2. There are five apartments and nine rooms in total. The first floor features a restaurant hall and a summer terrace, as well as three bedrooms. The first floor also has three apartments, each with a private bathroom, kitchen, and terrace, along with three bedrooms. The second floor contains two apartments, each with a separate kitchen, bathroom, and terrace, as well as three bedrooms. Additionally, there are two auxiliary buildings measuring 28m2 and 43m2, as well as parking for six cars. The property is registered and owned 1/1.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

619 882 $

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 (619 882 $) 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).