Property Abroad

Montenegro

Bar

Sutomore

Flat

Flat 52 м² in Sutomore, Montenegro

90 202 $

1 734 $ /м²

4OgWR

Flat 52m² in Montenegro, Sutomore. Priced at 79000€ rent photo- #1

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Area

52 м²

Bedrooms

Apartment in Bar. City - Sutomore

description

Apartment with two bedrooms and three terraces below the highway in Sutomore

Price: 79.000 €
Location: Sutomore, quiet residential area below the main road
Square: 52 m2
Floor: attic (3rd in Montenegrin numbering, 4th in fact)
Elevator: absent

About the apartment

Bright and spacious apartment in a cozy area of Sutomore, just 800 meters from the sea. Perfect for both a comfortable life and for renting. The terraces offer views of the sea, mountains and the fortress of Hai Nehai.

Structure of the apartment
• Corridor
• Kitchen
• Bathroom with showerroom
• Two separate bedrooms
• Three terraces

About house and infrastructure
• House without elevator
• Fenced, well-kept area
• Parking in front of the building
Within walking distance: shops, cafes, bus stop
To the sea - about 800 meters
Nearby there are four beaches: urban, semi-wild and wild

Advantages
• Fully furnished
• Equipped with all necessary household appliances
• Ready for immediate occupancy
• Excellent potential for renting

Additional details

Property type

Residential Properties

Number of rooms

Floor

Object type

Flat

Price

90 202 $

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 (90 202 $) 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).