Flat 28 м² in Sutomore, Montenegro

69 223 $

2 472 $ /м²

4OgPZ

Flat 28m² in Montenegro, Sutomore. Priced at 62000€ rent photo- #1

Flat 28m² in Montenegro, Sutomore. Priced at 62000€ rent photo- #2

Flat 28m² in Montenegro, Sutomore. Priced at 62000€ rent photo- #3

Flat 28m² in Montenegro, Sutomore. Priced at 62000€ rent photo- #4

Flat 28m² in Montenegro, Sutomore. Priced at 62000€ rent photo- #5

Area

28 м²

Bathrooms

Legal apartment studio in the center

Legal apartment studio in the heart of Sutomore.

Apartment area: 32 m2.

The apartment is on the second floor.
Structure: hallway, living room with kitchen, bathroom, terrace.

The apartment has all the necessary furniture

In the kitchen in the bathroom installed household appliances.

The apartment has air conditioning.
View of the mountains and partly the sea.
In walking distance is: bus stop, supermarket, post office, school, kindergarten, cafes, restaurants.

Distance to the sea 400 m on a straight road.

Excellent investment.

Suitable for year-round living and for renting.

Services and facilities

Furniture

Air conditioner

Additional details

Property type

Residential Properties

Object type

Flat

Price

69 223 $

Characteristics

Furniture

Air conditioner

Distance to key points, m

To sea 400

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 (69 223 $) 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).