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AI Summary

A luxurious 586 m² villa in Sutomore is located just 200 meters from the azure coast and is ideal for a comfortable stay for a large group. The spacious house with 10 bedrooms and cozy balconies offers panoramic sea views, combining exclusive comfort with proximity to the best beaches in Montenegro.

HousesNo. 988

House in Sutomore No. 988

Sutomore · Bar Riviera, Sutomore, Montenegro
€2,000,000
View: Sea view

Details

Area
586 m²
Land area
603 m²
Bedrooms
10
Bathrooms
10
Parking
Yes
To sea
200 m
Price per m²
€2,389

Description

The house is located in the tourist area of Ratac, Sutomore, 4 km from the city center.
The house was built in June 2008 in a Mediterranean style, finished with stone, with a wrought iron fence, all doors and joinery are made of extra-class PVC and comply with European standards. All balconies offer a beautiful view of the Adriatic Sea. In the basement there is a laundry room, a large room that was previously planned as a restaurant, but is currently used as parking for two cars, and there is space for installing a central heating system and a solar water heating system.
On the first floor there is a large living room, a kitchen with a dining area, 3 bedrooms, 3 bathrooms, a storage room, 2 spacious hallways, and a large terrace along the entire south side of the house, which is on the sea side.
On the second floor there are 5 apartments, ranging in size from 29 m2 to 43 m2.
On the third floor there are 3 apartments, ranging in size from 25 m2 to 32 m2. The apartments were built in a modern style, each apartment has a kitchen, bathroom, and terrace. They are also equipped with satellite and cable television, telephone, and internet. The building is air-conditioned, equipped with central heating and solar heating for hot water. There are autonomous electrical units - generators, capable of operating in the event of a power failure at 11 kW. The building insulation is in the so-called demit (carpentry) facade. The house has its own parking for seven cars (in the basement of the building for two cars). The house can be used as a mini hotel. Construction of a 40 m2 swimming pool has started but not yet completed.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€2,000,000
Real estate transfer tax
€112,000
€4,500 (3% × 150,000) + €17,500 (5% × 350,000) + €90,000 (6% × 1,500,000)

Possible additional costs

  • Cadastre applicationsfrom €30
  • Ownership sheets (listovi) for the dealfrom €7
  • Sworn translator services· per contract / hourfrom €50
Total required costs€114,563
Estimated costs to purchase the propertyTotal: €2,114,563

Location

What's nearby

  • GroceriesPekara Plavi Jadran454 m
  • PharmacyTea Medica716 m
  • RestaurantRestoran Padrino418 m
  • Bus stop738 m
  • ATMATM Bankomat690 m
  • AirportPodgorica Airport30.1 km
  • PortMarina Bar5.9 km
  • Sea200 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.
This property is about 200 m from the sea.
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
€2,000,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€9,949/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€10,274/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€10,438/mo
Monthly payment
€9,239
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€1,400,000
Total interest€817,451
Loan amount
€1,400,000
Total interest
€817,451
Total payment
€2,217,451

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.

€2,000,000
€2,389/m²No. 988