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House 70 м² in Sutomore, Montenegro

87 950 $

1 256 $ /м²

4OcrL
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Area

70 м2

Bedrooms

4

Two-storey legal house with two apartments

Two-storey legal house with two apartments in Sutomore


House area 70m2 + terraces


Plot area 79m2


On the ground floor there is a kitchen with a storage room, three bedrooms, a bathroom. Needs minor cosmetic repairs.


On the 1st floor there is an apartment with a separate bedroom after a major renovation with new furniture and appliances.


The apartments are fully furnished and ready to move in or rent out.


Good rental potential.


City communications water, sewerage, electricity.


View of the mountains.


Distance to the sea 350 meters.

Services and facilities

Furniture

Additional details

Property type

Residential Properties

Floor

2

Object type

House

Price

87 950 $

Land area

79

Characteristics

Furniture

Distance to key points, m

To sea 350

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 (87 950 $) 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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