Property Abroad

Montenegro

Bar

Sutomore

Hotel

Hotel 480 м² in Sutomore, Montenegro

555 219 $

1 156 $ /м²

4OUCk

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #1

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #2

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #3

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #4

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #5

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #6

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #7

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #8

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #9

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #10

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #11

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #12

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Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #14

Hotel 480m² in Montenegro, Sutomore. Priced at 475000€ rent photo- #15

Area

480 м²

Bedrooms

Mini Hotel in Sutomore

Villa is located in the town of Sutomore. Four-storey club-apartotel of 480 square meters, has a green area with subtropical garden and swimming pool. Reconstructed in 2005. There is a parking lot. All apartments have new furniture.

In 10-15 minutes walk there are beautiful sandy-pebble beaches, for which Sutomore is famous. In the immediate vicinity of the beach there are restaurants, cafes, stores. The main part of the resort area in summer time is only for pedestrians.

On the ground floor:office space, small TV room and terrace overlooking the garden (can be used as a small business)

On the first, second and third floors: ENDAPP (3): kitchenette-dining room, 1 bedroom, balcony, bathroom with shower, refrigerator,air conditioning;

On the second and third floors: APP (4+1) : 2 bedrooms, 2 bathrooms with shower, living room with kitchen, large terrace, air conditioning, refrigerator.

Fourth floor:PENTHOUSE (6+1)- area 120 sq.m. Consists of living-dining room with equipped kitchen, 3 bedrooms, 2 bathrooms with shower, bidet, jacuzzi, large terrace, TV, refrigerator, air conditioning.

Services and facilities

Air conditioner

Garden

Furniture

Household appliances

Balcony or terrace

Garage/parking

Additional details

Property type

Commercial

Publication

From the Agency

Object type

Hotel

Price

555 219 $

Condition

Repair Needed

Location

By the Sea

Characteristics

Air conditioner

Garden

Furniture

Household appliances

Balcony or terrace

Garage/parking

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 (555 219 $) 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).