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House 200 м² in Sutomore, Montenegro

217 333 $

1 086 $ /м²

4Oe29
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Area

200 м2

Bedrooms

8

House in Bar. City - Sutomore

For sale is a 3-story house (200 sq.m) in Zagradj, Sutomore (Bar River), Montenegro - a ready-made business for renting out apartments (developed and registered). The house is located 250 m from the Adriatic Sea (Maljevik Bay) on the first line, surrounded by a pine forest, pyramid-shaped cypress trees, relic eucalyptus, and olive trees. The air is filled with a pine-sea breeze, just like in a sanatorium! The house has constant hot and cold water (there is city water supply and an additional 2000 cubic meter tank with an electric pump), and a septic tank for sewage. The house is equipped with satellite TV with Russian channels, air conditioning, telephone, Wi-Fi internet, furniture, and appliances. The 3rd floor features a terrace (83 m2 + 25 m2): a large living-dining room, kitchen, a large bathroom with a bathtub, 4 bedrooms (7-9 sleeping places), and a spiral staircase leading from the adjoining terrace to the rooftop terrace with a canopy, offering a panoramic view of the sea, mountains, and Sutomore. The 2nd floor has two apartments (two- and three-room) with separate entrances. The two-room apartment (34 sq.m) has 3-4 sleeping places, kitchen, bathroom with shower, and terrace. The three-room apartment (52 sq.m) features a large living room, two bedrooms (5-6 sleeping places), kitchen, corridor, bathroom with bathtub, plus 2 additional rooms (5 m2 - can be converted into a sauna or boiler room and 2 m2 - storage). The 1st floor has a two-room apartment (35 m2): bedroom, living room with kitchen, bathroom with bathtub, washing machine, and storage. Next to the house is a concrete parking area, a stone gazebo with columns, a stone barbecue, and a garden with Mediterranean fruit trees (lemon, orange, mandarin, fortunella, various grape varieties). The yard is enclosed by a stone fence with white columns, and there is a canopy of fruit-bearing grapes in the yard, along with flower pots by the house. The villa has been successfully rented out for 15 years. The house requires cosmetic repairs. An exchange for a house/apartment with Moscow registration near the metro with an additional payment from the buyer is possible (the price will be checked against the market). Price - 170,000 euros.

Additional details

Property type

Residential Properties

Number of rooms

8

Object type

House

Price

217 333 $

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 (217 333 $) 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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