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House 121 м² in Herceg Novi, Montenegro

83 894 $

693 $ /м²

4OiwK
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Area

121 м2

Bedrooms

4

Year of construction

1958

House under restoration on a spacious plot in Sutorin

House under reconstruction with two buildings and mountain views in Sutorin, Herceg Novi
A rare opportunity to purchase a plot of 807 m2 with two houses for reconstruction in Sutorin, in the municipality of Herceg Novi, Montenegro.
The total area of the two existing buildings is 121 m2: according to the documents, a residential building of 63 m2, the second 58 m2 is an auxiliary structure. The houses were built about 70 years ago and require complete restoration and reconstruction.
The plot is located in the calm green area of Sutorina, about 10 km from the coast and the beaches of Nivice and Igalo. From the windows and from the territory offers a pleasant view of the surrounding mountains.


Place and location
The land plot of 807 m2 has a convenient access on a good paved road directly to the house.

The electricity is connected. In the vicinity there are mountain springs with drinking water.
The presence of natural sources of clean water allows you to equip the pool
Sutorina is a green and peaceful part of the municipality of Herceg Novi, while remaining relatively close to the sea, beaches and infrastructure of Igalo and Herceg Novi.


House under restoration
Existing buildings are about 70 years old and are in a state requiring large-scale reconstruction - restoration of roofs and ceilings, engineering communications, windows and doors, interiors, plaster and finishing.
At the same time, preserving the existing architecture can be an interesting option for those looking for an old stone or traditional house in Montenegro for restoration, rather than a standard modern facility.

Project potential
The main value of this proposal is the combination of a large plot, two legal buildings, natural surroundings and proximity to the coast.


After reconstruction, the facility may be suitable for:

Private country house in Montenegro;

family residence with a guest house;

Two separate houses;
houses for permanent residence away from tourist density;
a small project for short-term or long-term lease;
Reconstruction of traditional real estate while preserving the existing character of the place.
The object is especially interesting for buyers who are looking for real estate in Montenegro for reconstruction, a large plot near Herceg Novi and the opportunity to create an individual project from scratch.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Floor

1

Object type

House

Price

83 894 $

Land area

807

Characteristics

Pool

Distance to key points, m

To sea 10000

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Herceg Novi; 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 Herceg Novi 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 (83 894 $) 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 Herceg Novi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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