Land 1 м² in Utjeha, Montenegro

826 178 $

826 178 $ /м²

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Land 1m² in Montenegro, Utjeha. Priced at 722500€ rent photo- #1

Land 1m² in Montenegro, Utjeha. Priced at 722500€ rent photo- #2

Land 1m² in Montenegro, Utjeha. Priced at 722500€ rent photo- #3

Area

1 м²

Urbanized land plot along the main highway

Urbanized land along the main highway in Uteha.
Area of land 2050 m2, of which 617 m2 is a planned road

Electricity at the border of the site.
Construction of tourist facility 4*, four floors (P+3)
The base area is 430 m2, and the maximum building area is 1150 m2.
The land plot is located along the main highway Bar - Ulcinj.

The site has views of the sea and mountains.

Convenient access.
Suitable for the construction of apartments - a hotel or a residential house.

Distance to the sea 500 m.

Additional details

Property type

Land

Object type

Land

Price

826 178 $

Land area

2050

Distance to key points, m

To sea 500

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 (826 178 $) 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).