AI Summary

A luxurious 450 sq. m villa in picturesque Sutomore is the perfect combination of space and comfort for a large family or a profitable investment. The house features 7 cozy bedrooms, 2 functional kitchens, a bright living room, and 2 modern bathrooms, offering maximum living space within walking distance of the sea. This is a unique offer for those seeking a premium level of privacy in one of Montenegro's most beautiful resorts.

House in Sutomore No. 639

Sutomore · Bar Riviera, Sutomore, Montenegro
700 000 €
View: Sea view

Details

Area
450 м²
Bedrooms
7
Parking
Yes
Price per m²
1 556 €

Description

House in Sutomore, on the Bar Riviera. A renovated three-story house, includes beautifully furnished apartments of 145 sq.m and 80 sq.m, as well as 8 apartments. The house has a garage, sewerage, and electricity.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
700 000 €
Real estate transfer tax
34 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 12 000 € (6% × 200 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs35 194 €
Estimated costs to purchase the propertyTotal: 735 194 €

Location

What's nearby

  • GroceriesPekara Plavi Jadran130 m
  • PharmacyTea Medica535 m
  • RestaurantKonoba Montenegro 3 Since 1994117 m
  • Bus stop453 m
  • ATMATM Bankomat376 m
  • AirportPodgorica Airport29.8 km
  • PortMarina Bar6.1 km
  • Sea508 m

Frequently asked questions

Yes. Foreign nationals can buy apartments and houses in Montenegro on the same terms as citizens, with full ownership rights. Restrictions apply only to certain agricultural and undeveloped land, which foreigners usually acquire through a Montenegrin company. We handle the entire legal process.
Buying costs depend on the property. Montenegro’s real-estate transfer tax is progressive — the rate depends on the value — and newly built homes are subject to VAT on the first sale. Add notary, registration and optional lawyer fees. The easiest way to get an exact figure for this property is our purchase-cost calculator.
Montenegro’s coast has strong seasonal short-term demand and growing long-term demand from people relocating. Actual returns depend on location, furnishing and management — ask us for a projection for this specific property.
Under the new law, a property purchase supports a temporary residence permit only if the property is residential and worth at least €150,000. The rules change periodically, so confirm the current requirements with us.

Calculate mortgage

Beta · still being polished
Property price
€700,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€3,482/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€3,596/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€3,653/мес
Monthly payment
€3,234
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€490,000
Total interest€286,108
Loan amount
€490,000
Total interest
€286,108
Total payment
€776,108

Want to know how much you can actually get approved for?

< 1 minNo obligation3 banks at once

Rates shown as "from". Final offer depends on your credit profile and the bank's conditions.

700 000 €
1 556 €/m²639