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Flat 55 м² in Sutomore, Montenegro

168 982 $

3 072 $ /м²

4Ocpy
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Area

55 м2

Bedrooms

1

Bathrooms

1

Year of construction

2026

Apartments in new complex under construction

The modern building is located in the resort town of Sutomore, 1.5 km from the beach

The building is being built on a plot of 1170 m2, consists of an underground garage and 4 residential floors.

The building is being built in a classic Mediterranean style with stone and wood finishing

All apartments have a smart home system.

On the ground floor of the building there is a SPA & Wellness center, where residents and guests of the complex can use the sauna, Turkish bath and swimming pool.

Payment by installments until completion of construction - initial payment 30%, 30% after completion of the gray phase, 30% after completion of finishing works and 10% upon receipt of keys

Completion of construction is scheduled for March 2025

Price of a garage space - 20,000 euros

For sale are apartments with 1 bedroom 55 m2 and 62 m2 and with 2 bedrooms 60 and 62 m2 with large terraces of 34 m2

Services and facilities

Garage/parking
Pool

Additional details

Property type

Residential Properties

Object type

Flat

Price

168 982 $

Characteristics

Garage/parking
Pool

Distance to key points, m

To sea 1500

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 (168 982 $) 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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