Hotel 395 м² in Sutomore, Montenegro

571 650 $

1 447 $ /м²

4OiWM

Hotel 395m² in Montenegro, Sutomore. Priced at 500000€ rent photo- #1

Hotel 395m² in Montenegro, Sutomore. Priced at 500000€ rent photo- #2

Hotel 395m² in Montenegro, Sutomore. Priced at 500000€ rent photo- #3

Hotel 395m² in Montenegro, Sutomore. Priced at 500000€ rent photo- #4

Area

395 м²

Bedrooms

Hotel in Bar. City - Sutomore

Square: 395m2. 3 floors, 14 apartments of 2-4 places. 45 beds. It has been around since 2008.

Located in the flat part of Sutomore at a distance of 1.5 km from the beaches of Malevik, Strbina and Sutomore.

Each room has a terrace, bathroom.

Street dining area with tables under a canopy, pool 40m3 (8x4-5m).

Parking on the territory for 6 cars + parking on the street for 7-8 cars.

Rating on Booking.com 8.7-9.3. The yield is 7-8% per annum.

The land is urbanized, there are technical specifications (UTU), documents are submitted for legalization.

Plot 490m2 (including parking 115m2), building area - 180m2, total area of the hotel 395m2.

You can buy another adjacent plot of land 407m2 (urbanized, there is UTU) - you can build a house for staff up to 3 floors (80,000 e)

Total area with parking and adjacent plot - 897m2.

Additional details

Property type

Commercial

Object type

Hotel

Price

571 650 $

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 (571 650 $) 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).