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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.

HousesNo. 639

House in Sutomore No. 639

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

Details

Area
450 m²
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.

Amenities

Sea ViewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

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

Notarial deed details

Buyers
1
Sellers
1

By default the notary fee assumes a two-party deal (1 seller and 1 buyer) without a court interpreter, with the notary filing the cadastre application. Each party beyond two adds 5% of the tariff, each interpreter adds €15, and 21% VAT is charged on the full amount. Not included: work outside office hours, at weekends or on public holidays (+25%, at least €50), the notary travelling to you (+€35 per started hour plus travel costs), powers of attorney (€60 + VAT each). The notary may use the property's market value if the contract price is lower.

Possible additional costs (not in the total)

Government fees

  • Cadastre registration of title (state fee)from €30
  • Title sheets (listovi) for the dealfrom €7
Total required costs€35,212
Estimated costs to purchase the propertyTotal: €735,212

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%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€3,482/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€3,596/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€3,653/mo
Monthly payment
€3,234
Over 240 months · at 5.0% p.a.
63%principal
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/m²No. 639