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Hotel 360 м² in Sutomore, Montenegro

368 420 $

1 023 $ /м²

4Odz7
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Area

360 м2

Bedrooms

7

Hotel, accommodation in Bar. City - Sutomore

Description


House with six apartments in Zagraj, Bar

House characteristics:

- two-story house 360m2

- land plot 300m2

House structure:

- on the ground floor there is a technical room and a small studio apartment

- on the second floor there are two apartments with separate bedrooms

- on the third floor there is an apartment with a separate bedroom and a spacious studio apartment

- on the fourth floor there are two apartments with separate bedrooms.

The apartments are fully furnished, equipped with air conditioning and ready to move in, rent out, or sell.

External staircase.

Fenced area, automatic gates.

On the site there is a barbecue area with a summer kitchen.

It is possible to equip a swimming pool.

Parking for 6 cars.

City communications.

View of the sea, city, mountains.

Distance to the sea 650 meters.

Developed infrastructure.

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Additional details

Property type

Commercial

Number of rooms

7

Object type

Hotel

Price

368 420 $

Characteristics

Sea View
Mountain View

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 (368 420 $) 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).

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