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House 388 м² in Utjeha, Montenegro

345 335 $

890 $ /м²

4OdxI
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Area

388 м2

Bedrooms

7

House in Ulcinj. The city is Uteha.

Description

House for living and business in the resort village of Uteha (Bar, Montenegro)

A quiet, peaceful village for comfortable living and recreation, located 20 minutes from the center of Bar and 15 minutes from the city of Ulcinj.

The house is located a 5-minute walk from an excellent clean beach with restaurants, cafes and shops.

The house offers excellent panoramic views of the sea.

The total area of the house is 388 m2, including five apartments with a separate entrance:

2 - with two bedrooms, living room-kitchen, bathroom and large veranda overlooking the sea;

3 - with one bedroom, large living room-kitchen, bathroom, large veranda overlooking the sea.

There are additional rooms for organizing two more apartments.

The plot is small - 200m2;

Parking for two to three cars;

There are utility rooms;

Availability of communications:

Electricity,

Internet (cable + WiFi);

Satellite TV;

Water tank 15m3 + additional 10 m3,

Heating – split system (in each apartment);

Additional details

Property type

Residential Properties

Number of rooms

7

Object type

House

Price

345 335 $

Characteristics

Sea View

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Utjeha; 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 Utjeha 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 (345 335 $) 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 Utjeha: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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