Area
375 м2
Bedrooms
12
Hotel, accommodation in Bar. City - Sutomore
Description
Hotel in Sutomore with 12 apartments, swimming pool, 200 meters to the sea
Key parameters:- Location: Type of real estate
- The beach area: 61 m2 floor, apartment with access to the first floor,Limage to the sea,Limage room: This mini hotel in Sutomore is a great investment for business. The hotel includes 12 apartments, a swimming pool and two houses located on a plot of 573 m2. Only 200 meters on a flat road to the sea and 20 meters to Voli store. The apartments with terraces, kitchenettes and bathrooms will provide a comfortable preb
Additional details
Property type
Commercial
Number of rooms
12
Object type
Hotel
Price
935 671 $
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 (935 671 $) 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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International Real Estate Consultant