Land 58 м² in Sutomore, Montenegro

156 477 $

2 697 $ /м²

4Oivd

Land 58m² in Montenegro, Sutomore. Priced at 140000€ rent photo- #1

Land 58m² in Montenegro, Sutomore. Priced at 140000€ rent photo- #2

Land 58m² in Montenegro, Sutomore. Priced at 140000€ rent photo- #3

Land 58m² in Montenegro, Sutomore. Priced at 140000€ rent photo- #4

Land 58m² in Montenegro, Sutomore. Priced at 140000€ rent photo- #5

Area

58 м²

Bedrooms

A plot of land in Bar. City - Sutomore

Land overlooking the sea in Sutomore, Brz district.

- The area of the plot is 621 m2.
- A 58 m2 facility is registered under construction. In fact: remnants of Rushenu (stone walls).
- No encumbrances.
- Urban water supply.
- Access road.
It is possible to connect electricity.
- A quiet and peaceful place.
- Open sea view.

Ideal for building a private villa or retreat house.

Additional details

Property type

Land

Object type

Land

Price

156 477 $

Characteristics

Sea View

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 (156 477 $) 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).