Property Abroad

Montenegro

Bar

Sutomore

House

House 247 м² in Sutomore, Montenegro

298 918 $

1 210 $ /м²

4OgM7

House 247m² in Montenegro, Sutomore. Priced at 255000€ rent photo- #1

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Area

247 м²

Bedrooms

Two-storey house with four apartments

Two-storey house with four apartments in a cozy place in Sutomore.
The area of the house is 247 m2 + terraces of 71 m2.

The area of the plot is 381 m2.
The house is divided into 4 apartments.
Each apartment consists of: 2 bedrooms, kitchen, spacious living room, bathroom, terrace.
The house is sold with furniture and appliances.

Exit to the terrace from each apartment.
The house is equipped with air conditioning.

There is satellite TV.
Lots of parking in front of the house.

Convenient access road.
A dead end street with no transit flow.
The distance to the highway is 100 m, not on the mountain.
The distance to the sea is 800 m, 10 minutes walk.
The house is well adapted both for renting and for permanent residence.

Services and facilities

Furniture

Air conditioner

Garage/parking

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

298 918 $

Land area

381

Characteristics

Furniture

Air conditioner

Garage/parking

Distance to key points, m

To sea 800

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 (298 918 $) 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).