Area
183 м2
Bedrooms
4
House in Bar. City - Sutomore
description
House for repair with a view of the sea, Sutomore, 183 m2
Key parameters
- Location: Sutomore
- Type of real estate: house: secondary, for repair House area: 183 m2LiPli>LiPrequity of the sea For sale a house for repair in the picturesque area of Sutomore with panoramic sea views. The total area of the house is 183 m2, which gives room for decorating to your taste. The plot of 56 m2 is ideal for creating a cozy outdoor recreation area. The house has two entrances from different streets, which provides additional convenience and privacy.
This property will be an excellent choice for those who want to bring their ideas to life and create their dream home off the Adriatic coast.
Price 130,000 euros
Additional details
Property type
Residential Properties
Object type
House
Price
152 262 $
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 (152 262 $) 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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Liliya
International Real Estate Consultant