Property Abroad

Montenegro

Bar

Sutomore

Hotel

Hotel 340 м² in Sutomore, Montenegro

500 571 $

1 472 $ /м²

4OcnM

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #1

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #2

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #3

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #4

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #5

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #6

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #7

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #8

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #9

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #10

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #11

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #12

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #13

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #14

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #15

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #16

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #17

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #18

Hotel 340m² in Montenegro, Sutomore. Priced at 420000€ rent photo- #19

Area

340 м²

Building with seven apartments

Apartment building with seven apartments in a good location in Sutomore, Bar

- area of a four-story building is 340 m2 with all technical rooms

- land area 281 m2

The house has six apartments consisting of an entrance hall, a kitchen, a living room, a bedroom, a bathroom, and a large terrace. And one studio apartment.

Internal staircase between floors

Two apartments and a studio are furnished and equipped with appliances.

Four apartments are unfurnished.

Fenced area.

Parking for 4 cars.

Asphalt access road.

City water, electricity, sewerage septic tank.

Solar panels installed for hot water for 1000 liters.

Distance to the sea 1200 meters.

The distance to the highway is 400 meters.

View of the sea, city, mountains.

Developed infrastructure.

The house is legal.

Services and facilities

Garage/parking

Additional details

Property type

Commercial

Floor

Object type

Hotel

Price

500 571 $

Land area

281

Characteristics

Garage/parking

Distance to key points, m

To sea 1200

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 (500 571 $) 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).