Flat 25 м² in Sutomore, Montenegro

88 878 $

3 555 $ /м²

4Oco1

Flat 25m² in Montenegro, Sutomore. Priced at 75000€ rent photo- #1

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Area

25 м²

Bathrooms

Studio apartment in the very center

Studio apartment in a new multi-storey building in the very center of Sutomore.

Apartment area 25 m2 plus terrace 11 m2.

Structure: entrance hall, bathroom, living room, kitchen area, terrace.

electricity, city water, city sewerage.

The apartment is located on the high ground floor.

The apartment is fully furnished and equipped with the necessary equipment.

From the terrace there is a beautiful view of the sea.

Within walking distance there is a supermarket and a bus stop.

Distance to Sutomore beach 1 km.

The apartment has excellent seasonal rental potential.

Also suitable for year-round use.

Additional details

Property type

Residential Properties

Object type

Flat

Price

88 878 $

Distance to key points, m

To sea 1000

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 (88 878 $) 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).