House 410 м² in Sutomore, Montenegro

407 236 $

993 $ /м²

4Oh3j

House 410m² in Montenegro, Sutomore. Priced at 350000€ rent photo- #1

House 410m² in Montenegro, Sutomore. Priced at 350000€ rent photo- #2

House 410m² in Montenegro, Sutomore. Priced at 350000€ rent photo- #3

House 410m² in Montenegro, Sutomore. Priced at 350000€ rent photo- #4

House 410m² in Montenegro, Sutomore. Priced at 350000€ rent photo- #5

Area

410 м²

Bedrooms

Year of construction

2011

House with separate 8 apartments in Sutomore

It is offered to buy a house in the village of Sutomore, obshtin. Bar.
Ready-made rental business. All apartments have their own sanitary node and a separate entrance to each floor. Repeat tenant base.
Optimal location: near 2 bus stops, school, supermarkets. Access to 3 beaches in 800 meters.
Plot: 486 meters with parking spaces, ennobled, trees grow perimeter.
House: 3 floors, there is permission to build 4. A basement is provided.
The area of the house is 320 sq.m. + 90 sq.m. terrace. Total 410 sq.m.
Floor 1 - living room, kitchen-dining room, storage room, 2 bedrooms, one with its sanitary node, guest sanitary node. It can be used for personal residence.
Floor 2 - 4 apartments (3 apartments - studios with their own bathrooms and mini kitchen + 1 apartment with a separate bedroom)
The 3rd floor in rough planning works corresponds to the second floor (4 apartments).
The house is sold with furniture and appliances. High-quality construction, the site is ennobled, planted with fertile and decorative trees
Communications: central water supply and sewerage. Air conditioning in every room, shower and toilet in every room.
The object is suitable both for renting and for personal residence.

Services and facilities

Furniture

Air conditioner

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

407 236 $

Land area

486

Characteristics

Furniture

Air conditioner

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 (407 236 $) 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).