Property Abroad

Montenegro

Bar

Sutomore

House

House 116 м² in Sutomore, Montenegro

168 859 $

1 455 $ /м²

4OdwF

House 116m² in Montenegro, Sutomore. Priced at 145000€ rent photo- #1

House 116m² in Montenegro, Sutomore. Priced at 145000€ rent photo- #2

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House 116m² in Montenegro, Sutomore. Priced at 145000€ rent photo- #6

House 116m² in Montenegro, Sutomore. Priced at 145000€ rent photo- #7

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House 116m² in Montenegro, Sutomore. Priced at 145000€ rent photo- #23

Area

116 м²

Bedrooms

House in Bar. City - Sutomore

A house with a sea view in Sutomore, Brca, in need of renovation. The area of the house is 91 sq.m. + 25 sq.m. summer kitchen. The area of the plot is 342 sq.m. The house consists of 4 apartments. Two apartments are on the first floor and two on the second. There is a possibility to add a third floor. City water supply. The house has one parking space. (You can purchase the neighboring plot for additional parking.) The plot and the house's terraces offer a beautiful view of the sea and the city beach. The territory is home to oak trees, cypress trees, laurel, mandarins, figs, and rosemary. The house requires major repairs. The distance to the city beach is a 5-minute drive. The nearest store is a 3-minute drive away.

Additional details

Property type

Residential Properties

Object type

House

Price

168 859 $

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 (168 859 $) 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).