Property Abroad

Montenegro

Bar

Sutomore

Hotel

Hotel 1069 м² in Sutomore, Montenegro

1 011 060 $

945 $ /м²

4Odzb

Hotel 1069m² in Montenegro, Sutomore. Priced at 900000€ rent photo- #1

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Area

1069 м²

Bedrooms

Hotel, accommodation in Bar. City - Sutomore

For sale: a mini-hotel in Sutomore, below the road.
1. Plot size - 1300 m2;
2. Main building - 1069 m2. 23 rooms with 55 (59) sleeping places
3. Utility building - 66 m2
4. Large swimming pool - 10.9x4.8 m
5. Small swimming pool - 3.0x3.5 m
6. Parking spaces - 13
7. Good landscaping
8. Good, reliable fence around the perimeter

Additional details

Property type

Commercial

Number of rooms

Object type

Hotel

Price

1 011 060 $

Infrastructure

Open pool

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 (1 011 060 $) 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).