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Flat 51 м² in Sutomore, Montenegro

88 878 $

1 742 $ /м²

4OgAo
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Area

51 м2

Bedrooms

1

Apartment in Bar. The city is Sutomore.

Description

Urgent Sale!
In connection with the purchase of another object - the apartment is for sale at an excellent price!


SUTOMORE | 51 m2 | 75,000 €


One-bedroom apartment for sale in Sutomore, Miroshitsa district, next to IDEA, the first line to the highway.
Located on the first floor of a small house (only 4 apartments).


Planning:
- Bedroom
- Living room
- Kitchen
- Bathroom
- Corridor
- Terrace
• Parking space is included!


Advantages:
- Apartment without investments, fully ready for occupancy
- Clean documents, all registered 1/1
Video surveillance installed
- Great place to live and rent


Price: 75,000 €

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

1

Object type

Flat

Price

88 878 $

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).

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