AI Summary

A luxurious hotel with an area of 715 sq. m is located in an exclusive location in Sutomore, just 5 meters from the azure sea. This is an ideal investment opportunity combining premium comfort, proximity to the beach, and breathtaking panoramic views of the Adriatic coast.

Hotel in Sutomore No. 640

Sutomore · Bar Riviera, Sutomore, Montenegro
1 900 000 €
View: City view

Details

Area
715 м²
Land area
560 м²
Parking
Yes
To sea
5 m
Price per m²
2 657 €

Description

A cozy modern hotel, located among pine and cypress trees in the small town of Sutomore, just 5 km from Bar and 30 km from Budva. It is worth noting the hotel’s convenient location in relation to international airports: Tivat - 65 km, Podgorica - 45 km, Dubrovnik - 132 km. The mountains come close to the coast here, forming a bay of stunning beauty. The hotel is built practically on the water in the shape of a ship, has its own beach - a platform and a terrace with a stunning sea view. At a distance of 70 meters from the hotel, there is the famous Golden Beach of Montenegro. Infrastructure: 40 meters from the hotel, there are shops, restaurants and cafes. Room stock: 20 rooms. There are two types of rooms: double rooms with a French bed and triple rooms with a French bed and a single bed. All rooms feature: air conditioning, cable TV, kitchenette, refrigerator, electric stove, balcony or terrace. Parking is available near the hotel. Hotel occupancy during the tourist season is 100%.

Estimated purchase transaction costs

Approximate breakdown of additional costs when buying

Property price
1 900 000 €
Real estate transfer tax
106 000 €
4 500 € (3% × 150 000) + 17 500 € (5% × 350 000) + 84 000 € (6% × 1 400 000)

Possible additional costs

  • Cadastre applicationsfrom 30 €
  • Ownership sheets (listovi) for the dealfrom 7 €
  • Sworn translator services· per contract / hourfrom 50 €
Total required costs108 453 €
Estimated costs to purchase the propertyTotal: 2 008 453 €

Location

What's nearby

  • GroceriesPekara Plavi Jadran453 m
  • PharmacyTea Medica745 m
  • RestaurantRestoran Padrino426 m
  • Bus stop753 m
  • ATMATM Bankomat700 m
  • AirportPodgorica Airport30.1 km
  • PortMarina Bar5.9 km
  • Sea5 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 5 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
€1,900,000
yrs
5 yrs30 yrs
%
3%9%

Ставки банков

Beta · still being polished
CKB Bank
CKB Bankлучшая
фикс. на 5 лет · 7 дн
5.9%
€9,452/мес
NLB Banka
NLB Banka
плавающая Euribor + 4.2% · 10 дн
6.3%
€9,760/мес
Erste Bank
Erste Bank
фикс. на 3 года · 14 дн
6.5%
€9,916/мес
Monthly payment
€8,777
Over 240 months · at 5.0% p.a.
63%тело
Loan amount€1,330,000
Total interest€776,579
Loan amount
€1,330,000
Total interest
€776,579
Total payment
€2,106,579

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.

1 900 000 €
2 657 €/m²640