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House 144 м² in Sutomore, Montenegro

129 225 $

897 $ /м²

4OgTk
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Area

144 м2

Bedrooms

7

Year of construction

1987

Mini hotel in Sutomore

Two-storey house of 144 m2 with apartments

Plot 132 m2
The house is surrounded by greenery, which creates comfort and silence
On the first floor there are three rooms, two kitchens, two bathrooms.
On the second floor there are four rooms, two bathrooms.
The house is fully furnished.

Reservoir for water.
View of the sea and mountains.

Distance to the sea 600 meters.

Good layout for tourists - above the railway and bus station

Additional details

Property type

Residential Properties

Floor

2

Object type

House

Price

129 225 $

Land area

132

Distance to key points, m

To sea 600

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 (129 225 $) 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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