House 500 м² in Sutomore, Montenegro

438 331 $

876 $ /м²

4Oe04

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #1

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #2

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #3

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #4

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #5

House 500m² in Montenegro, Sutomore. Priced at 375000€ rent photo- #6

Area

500 м²

Bedrooms

House in Bar. City - Sutomore

Description

Large four-story house in Sutomore.

Characteristics:

house area 500m2.
land area 230m2.
thirteen bedrooms
nine bathrooms

Structure:

1st floor: two studio apartments
2nd floor: spacious corridor, five rooms, two bathrooms, large terrace
3rd floor: four studio apartments with a large terrace
4th floor: two bedroom apartment with large terrace.

Large yard.

CCTV.

Fenced area.

Convenient access road.

There are two parking spaces in the yard plus 100 m2 for additional parking.

Fully equipped business residential building.

Developed infrastructure.

Excellent investment in the tourism sector.

High rental potential.

Additional details

Property type

Residential Properties

Number of rooms

Object type

House

Price

438 331 $

Characteristics

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 (438 331 $) 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).