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House 160 м² in Sutomore, Montenegro

129 225 $

807 $ /м²

4Oclm
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Area

160 м2

Bedrooms

10

Two-storey house for a mini-hotel

Two-storey house for a mini-hotel or a family house in Sutomore, Bar


- two-storey house 160m2, actually more


- land area 315m2


The structure of the house:


- on the ground floor there is a terrace, a living room, a kitchen, four rooms, a bathroom


- on the 1st floor there are six rooms, a kitchen, a bathroom, terraces


The house needs cosmetic repairs.


Parking.


The fenced area.


City water, septic tank sewerage.


Distance to the sea 1700 meters, to the center of Sutomore, school, post office 1500 meters.


Developed infrastructure, supermarket, bus stop.


Very good location for living and renting out.


View of the mountains.

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Floor

2

Object type

House

Price

129 225 $

Land area

315

Characteristics

Garage/parking

Distance to key points, m

To sea 1700

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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