Property Abroad

Montenegro

Bar

Sutomore

House

House 220 м² in Sutomore, Montenegro

308 687 $

1 403 $ /м²

4Oe3Y

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #1

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #2

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #3

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #4

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House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #6

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #7

House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #8

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House 220m² in Montenegro, Sutomore. Priced at 275000€ rent photo- #27

Area

220 м²

Bedrooms

House in Bar. City - Sutomore

A part of a house in Sutomore on the plain is offered for sale as a ready-made business. The house has an area of 220 m2, with 8 apartments, each equipped with a kitchen, totaling 32 beds. The apartments are very successfully rented out during the summer season and have an account on Booking.com. Upon purchase, the seller is ready to transfer all reservations and clients. The apartments are furnished and equipped with everything necessary for renting. Price: €275,000.

Additional details

Property type

Residential Properties

Number of rooms

Object type

House

Price

308 687 $

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 (308 687 $) 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).