Main Countries Buy Rent

Hotel 290 м² in Sutomore, Montenegro

474 017 $

1 634 $ /м²

4OcjM
Share:

Area

290 м2

Mini - hotel with 9 apartments

Mini - hotel in Sutomore with 9 apartments


- house area 450m2


- land area 300m2


- the house has 8 apartments - studios and one apartment with two bedrooms


- on the ground floor an apartment with two bedrooms and four studio apartments


- on the second floor there are five studio apartments


- all apartments are furnished, air-conditioned and ready to receive guests


- city water, sewerage


- fenced area


- parking for two cars


- grapes, kiwi, tangerines, rosemary grow on the site


- developed infrastructure, supermarkets, market, three beaches, bus and train stops within walking distance


The hotel is located on the flat part of the town of Sutomore. High rental potential. Each of the apartments can be rented from EUR 30 per day.

Services and facilities

Air conditioner
Garage/parking

Additional details

Property type

Commercial

Floor

2

Object type

Hotel

Price

474 017 $

Land area

300

Characteristics

Air conditioner
Garage/parking

Distance to key points, m

To sea 700

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 (474 017 $) 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).

Related sections