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Hotel 350 м² in Sutomore, Montenegro

464 816 $

1 328 $ /м²

4Odvm
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Area

350 м2

Bedrooms

7

Hotel, accommodation in Bar. City - Sutomore

A new house with 7 apartments is for sale in Sutomore, on the Bar Riviera. The area of the house is 350 sq.m. The area of the plot is 280 sq.m. The first floor features a studio-type apartment with a separate entrance, a technical room, and a storage room. The second floor has two apartments, each consisting of a living room combined with a kitchen, a bedroom, a bathroom, and a terrace. The third floor also has two apartments, each with a living room combined with a kitchen, a bedroom, a bathroom, and a terrace. The fourth floor includes one apartment with a separate bedroom, a bathroom, and two terraces, as well as a second studio-type apartment with a bathroom and a terrace. There is an internal staircase. Central hot water is provided (solar panels). There is video surveillance. The house is equipped with a smart home system. Roller shutters are installed. There is an option to install a fireplace in 3 apartments. Parking is available for 5 cars. The house is located 50 meters from the main highway (second line). The nearest Idea supermarket is 200 meters away. The distance to the center of Sutomore and the bus station is 600 meters. The city beach is 1.5 km away. Additionally, the picturesque Maljevik beach is located 1.7 km away. The distance to Bar is 7 km (10 minutes by car).

Additional details

Property type

Commercial

Number of rooms

7

Object type

Hotel

Price

464 816 $

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 (464 816 $) 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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