AI Summary

A luxurious 600 sq. m villa in picturesque Sutomore is the perfect investment, featuring 15 cozy bedrooms, spacious living rooms, and functional kitchens. The property is located just 500 meters from the azure sea and has its own balconies offering stunning views of the coast. This large house will be an excellent choice both for a large family and for a successful rental business.

SaleHouses#788

House in Sutomore No. 788

Sutomore · Bar Riviera, Sutomore, Montenegro
940 000 €
View: Sea view

Details

Area
600 м²
Land area
600 м²
Bedrooms
15
Bathrooms
15
Parking
Yes
To sea
500 m
Price per m²
1 567 €

Description

House for sale in the settlement of Sutomore, Bar, with a total area of 600 m2, with a commercial space of 60 m2. Distance to the sea - 400 m.
This house consists of 15 apartments. Each apartment has its own bathroom and terrace. This house can be sold as a mini-hotel.

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Amenities

Sea ViewParkingGardenTerrace

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
940 000 €
Real estate transfer tax
48 400 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 26 400 € (6% × 440 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs49 846 €
Estimated costs to purchase the propertyTotal: 989 846 €

Location

What's nearby

  • GroceriesVoli227 m
  • PharmacyApoteka Benu505 m
  • RestaurantPečenjara S&S229 m
  • Bus stop310 m
  • ATM227 m
  • AirportPodgorica Airport29.2 km
  • PortMarina Bar6.2 km
  • Sea500 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 500 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
€940,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€4,676/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€4,829/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€4,906/мес
Monthly payment
€4,343
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€658,000
Total interest€384,202
Loan amount
€658,000
Total interest
€384,202
Total payment
€1,042,202

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.

940 000 €
1 567 €/m²№ 788