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This property is temporarily unavailable for purchase

Reason: Under legalization· until 01/10/2027

AI Summary

A spacious 324 m² house in Sutomore is an ideal option for a large family or a profitable rental business. The house has 7 bedrooms, three cozy living rooms, and panoramic balconies, and the azure sea is only 1 kilometer away — enjoy comfort and the sea breeze for just 240,000 euros!"

HousesNo. 352

House in Sutomore No. 352

Sutomore · Bar Riviera, Sutomore, Montenegro
€240,000
View: Sea view

Details

Area
324 m²
Land area
466 m²
Bedrooms
7
Parking
Yes
To sea
1000 m
Price per m²
€741

Description

The house is located in the picturesque suburb of Sutomore, in the town of Bar. In an area with well-developed infrastructure. An excellent beach is within walking distance, 1200 meters from the house. The total area of the house is 324 square meters. On the first floor there is a living room and a kitchen with a dining area, a bedroom, a toilet, and a terrace. The second floor has four bedrooms, a kitchen, a bathroom, and three terraces. On the third floor, finishing work needs to be completed.

Amenities

Sea ViewParking

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
€240,000
Property transfer tax
€9,000
€4,500 (3% × 150,000) + €4,500 (5% × 90,000)

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€9,741
Estimated costs to purchase the propertyTotal: €249,741

Location

What's nearby

  • GroceriesPekara Plavi Jadran292 m
  • PharmacyTea Medica675 m
  • RestaurantRestoran Padrino309 m
  • Bus stop644 m
  • ATMATM Bankomat579 m
  • AirportPodgorica Airport30.0 km
  • PortMarina Bar6.0 km
  • Sea1.0 km

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 1000 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
€240,000
yrs
5 yrs30 yrs
%
3%9%

Bank rates

Beta · still being polished
CKB Bank
CKB Bankbest
fixed for 5 years · 7 days
5.9%
€1,194/mo
NLB Banka
NLB Banka
variable Euribor + 4.2% · 10 days
6.3%
€1,233/mo
Erste Bank
Erste Bank
fixed for 3 years · 14 days
6.5%
€1,253/mo
Monthly payment
€1,109
Over 240 months · at 5.0% p.a.
63%principal
Loan amount€168,000
Total interest€98,094
Loan amount
€168,000
Total interest
€98,094
Total payment
€266,094

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.

€240,000
€741/m²No. 352