Property Abroad

Montenegro

Bar

Sutomore

House

House 180 м² in Sutomore, Montenegro

316 622 $

1 759 $ /м²

4OgJK

House 180m² in Montenegro, Sutomore. Priced at 270000€ rent photo- #1

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Area

180 м²

Bedrooms

House in Bar. City - Sutomore

description

Prepared Business by the Sea
Spacious House + Apartments for Rental in Sutomore.
Price: 270.000 €

On sale residential house with business potential - located below the highway, the ideal place to live and rent out!

Location:
* Tivat Airport - 45 km
* Podgorica Airport - 30 km
* Railway station - 15 minutes on foot
* Beaches with clean water - 10 minutes on foot, flat road
* Market, supermarkets - 10 minutes on foot
* Shop and cafe - only 100 m

About the house:
* House area: 180 m2
* Area: 300 m2
* Year of construction: 2015
* City water and sewerage
* Parking for 3 cars + free parking outside the territory

First floor:
* Dry, warm house with underfloor heating
* 3 bedrooms
* 2 bathrooms
* Shower-washing room
* Spacious kitchen-dining room
* Large open veranda
* Full furniture: washing and dishwashing machines, kitchen

Second floor:
* Separate entrance
* 4 autonomous apartments for rent
* Each apartment is equipped with: kitchenette, refrigerator, shower, toilet, air conditioning, TV, safe, furniture
* Accommodation options: from 2 to 5 people in the room

Third floor:
* Huge terrace
* Possibility to build another 2 apartments

Additional benefits:
* Land with fruit trees: oranges, lemons, tangerines, kiwis, pears, nuts, grapes, persimmons, mimosa
* Opportunity to convert a house for two families with different entrances
* After purchase, it is possible to obtain a residence permit (residence permit)

The perfect offer for those who are looking for a combination of a cozy house by the sea and a stable rental income!

Price: 270,000 €

Additional details

Property type

Residential Properties

Number of rooms

Object type

House

Price

316 622 $

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 (316 622 $) 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).