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Land 1 м² in Sutomore, Montenegro

87 666 $

87 666 $ /м²

4OcqF
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Area

1 м2

Plot for construction in a pine forest

The picturesque plot is located 200 meters from the sea surrounded by pine forest

Area 435 m2

Access road, electricity and water supply near the plot

Construction of a building up to three floors, with an area of up to 380 m2, building area of 130 m2 is permitted

The plot is very promising, as it will have access to the Adriatic Highway when it is expanded

The sea view will not be blocked, thanks to the landscape

Additional details

Property type

Land

Object type

Land

Price

87 666 $

Land area

435

Distance to key points, m

To sea 200

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 (87 666 $) 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).

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