Land 1 м² in Utjeha, Montenegro

1 489 166 $

1 489 166 $ /м²

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Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #1

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #2

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #3

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #4

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #5

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #6

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #7

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #8

Land 1m² in Montenegro, Utjeha. Priced at 1323350€ rent photo- #9

Area

1 м²

Urbanized section on the first line

Urbanized plot on the first line in Utekh, with an area of 3781 m2.
The land is divided into 3 urban plots with an approved development plan.

It is allowed to build three- and four-storey buildings with a total area of up to 5000 m2
The project provides for the construction of hotels, tourist complexes and apartments, which opens up wide opportunities for large-scale investments.
Due to its location directly on the coastline of the Adriatic Sea, the site has a high attractiveness for the development of premium resort real estate.
The rare combination of the first line, large footage and an approved town planning plan makes this property a strategic asset for investors focused on the fast-growing tourism market of Montenegro.

Additional details

Property type

Land

Object type

Land

Price

1 489 166 $

Land area

3781

Distance to key points, m

To sea 1

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Utjeha; 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 Utjeha 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 (1 489 166 $) 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 Utjeha: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).