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AI Summary

A luxurious 450 sq. m villa on the Bar Riviera is located just 100 meters from the azure sea. The house comfortably features 6 cozy bedrooms, 5 spacious living rooms, and 4 balconies with magnificent views, creating the perfect space for comfortable living for a large family. This exclusive offer combines privacy, proximity to the beach, and a prestigious location in one of the most picturesque corners of Montenegro.

HousesNo. 1424

House in Sutomore No. 1424

€450,000
View: Sea view

Details

Area
450 m²
Land area
300 m²
Bedrooms
6
Bathrooms
4
Parking
Yes
To sea
100 m
Price per m²
€1,000

Description

A new modern villa of 450 sq. m is comfortably situated on a 300 sq. m plot and has a fantastic sea view right from the first floor. The villa features high-quality finishes: underfloor heating, solar panels installed for heating air and water.

The plot is located in an urbanized zone

1st floor: large living room, kitchen, dining room, bathroom, terrace, internal staircase..

2nd floor: 3 bedrooms with large terraces and a large bathroom.

3rd floor: large living room, kitchen, dining room, bathroom, terrace.

4th floor: 2 bedrooms, toilet and a huge 63 sq. m terrace with wrought-iron railing.

Panoramic glazing. Double-glazed windows with aluminum profiles. Floors are Spanish and Italian ceramic tiles, sanitary ware from well-known Italian manufacturers.

Sutomore is a small suburban settlement, 5 km from Bar. Sutomore has wide sandy-pebble beaches, a nice long promenade with many cozy cafes and restaurants, and many entertainment attractions for children and adults. Good transport connections: regular buses, intercity buses, railway connection (Podgorica, Belgrade), sea connection (Bar-Bari)

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€450,000
Property transfer tax
€19,500
€4,500 (3% × 150,000) + €15,000 (5% × 300,000)

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€20,461
Estimated costs to purchase the propertyTotal: €470,461

Location

What's nearby

  • GroceriesMini market Medojević295 m
  • PharmacyTea Medica772 m
  • RestaurantKonoba Montenegro 3 Since 1994390 m
  • Bus stop723 m
  • ATMATM Bankomat650 m
  • AirportPodgorica Airport30.0 km
  • PortMarina Bar6.1 km
  • Sea100 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 100 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
€450,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€2,239/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€2,312/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€2,349/mo
Monthly payment
€2,079
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€315,000
Total interest€183,927
Loan amount
€315,000
Total interest
€183,927
Total payment
€498,927

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.

€450,000
€1,000/m²No. 1424