Property Abroad

Montenegro

Ulcinj

Utjeha

Flat

Flat 94 м² in Utjeha, Montenegro

169 590 $

1 804 $ /м²

4Odtv

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #1

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #2

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #3

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #4

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #5

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #6

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #7

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #8

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #9

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #10

Flat 94m² in Montenegro, Utjeha. Priced at 145000€ rent photo- #11

Area

94 м²

Bedrooms

Apartment in Ulcinj. City - Utes

Apartment for sale in a quiet and cozy place p.Uteha Bar Riviera.

The apartment consists of a living room, a terrace, two bedrooms and a bathroom with a shower cabin.

Space 94 m2, 2nd floor, sea view.

The distance to the beach is 300 meters.

It is possible to settle in rubles

Calculation of profitability

Liquidity calculation:

Lease 80 euros/day. Maximum workload of 60 days per season. Yields in season 4800. Booking expenses 15%

Yield after minus Booking 4080 euros.

Costs to buy and maintain 120,000+400(annual tax+tax)=120400.

Lease monthly 350 euros/month 350*8 = 2800 euros

Total for the year 6880 euros.

Payback period 120400 euros/6880 = 17.5 years. Profitability 6880*100/120400 = 5.7%

Calculations are given for 2021-2022.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

169 590 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Utjeha; 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 Utjeha 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 (169 590 $) 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 Utjeha: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).