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Ulcinj
Utjeha
Land

Land 1 м² in Utjeha, Montenegro

536 326 $

536 326 $ /м²

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Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-1 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-2 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-3 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-4 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-5 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-6 Land 1m² in Montenegro, Utjeha. Priced at 450000€ rent photo-7

Area

1 м2

Urbanized land in Utekh

Urbanized land plot in Utekh - investment platform with sea views

It is offered for sale a land plot in the area of Uteha, on the Bar Riviera. The facility is a ready-made site for a development project with confirmed urban planning parameters and technical conditions issued in 2025.


The main features

Plot area: 10,076 m2
Status: Urbanized

Technical Specifications (UTS): obtained in 2025

Distance to the sea: about 1,600 m

Approach: comfortable asphalt road
The site is suitable for phased development, which is especially important for investment projects.


Development options

Total permitted construction area: up to 15,300 m2

Maximum floors: 4 floors


Possible multi-phase implementation of the project
These parameters allow to realize large-scale residential or tourist buildings with optimal density.


Location and characteristics

The site is located in an actively developing area of Utech:
Upper and middle urban parcellas offer sea views
A calm natural environment with the prospect of infrastructure development
Next, according to the Detailed Urban Plan (DGP), planned construction of a cottage settlement

This creates a long-term potential for land value growth.


Possible formats of use
The plot is ideal for the implementation of a residential complex, an apart-hotel or a resort residence, a cottage village, an investment development project

Deal flexibility

It is possible to sell both the entire array and individual parts
A convenient format for investors working in stages


Investment attractiveness
Uteha today is one of the promising areas of the Bar Riviera due to the active development of the territory, an affordable entry price compared to other regions, the growing demand for new residential and tourist projects, the availability of urban planning documentation that reduces the implementation time.


Key Benefits

Urbanized plot 10,076 m2

Construction permit up to 15,300 m2

floor P+3

sea view

Possibility of phased construction

Promising Development Zone

flexible terms of sale
If you are considering the purchase of land in Montenegro for development, this plot in Utekh is a strategically beneficial solution with confirmed parameters and high investment potential.

Additional details

Property type

Land

Object type

Land

Price

536 326 $

Land area

10076

Distance to key points, m

To sea 1600

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 (536 326 $) 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).

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Contact person

Eduard Langebraun
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