Finished tourist business in Sutomore
Bar, Sutomore
440.000 €
Area
395 m²
PROPERTY DESCRIPTION
Area: 395 m². 3 floors, 14 apartments with 2-4 beds. 45 beds. Open since 2008.
Located in the flat part of Sutomore, 1.5 km from Maljevik, Štrbina, and Sutomore beaches.
Each room has a terrace and a bathroom.
Outdoor dining area with tables under a canopy, pool of 40m3 (8x4-5m).
On-site parking for 6 cars + street parking for 7-8 cars.
Rating on Booking.com: 8.7-9.3. Yield: 7-8% annually.
The land is urbanized, technical conditions (UTU) are available, documents have been submitted for legalization.
Plot 490 m2 (including parking 115 m2), building area - 180 m2, total hotel area 395 m2.
The adjacent plot of 407 m2 can also be purchased (urbanized, has UTU, possible construction of a house up to 3 floors) - total costs together with the hotel and parking amount to €500,000.
Details
- Property type
- office
Location
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Questions about this property
What is the price per square metre?
At 440.000 € for 395 m², this listing works out to 1.114 € per square metre. Compare it with the city average in the market card on this page.
How do I arrange a viewing?
Call the number or send a message from the contact card on this page — you reach the advertiser directly, with no middleman and no booking fee. Viewings are usually arranged within a day or two.
What does buying cost for foreign nationals?
Foreign nationals buy apartments, houses and commercial units in Montenegro on the same terms as locals. On top of the price, budget for the real estate transfer tax (3% up to €150,000, 5% on the portion between €150,000 and €500,000, 6% on the portion above €500,000; new builds bought from a VAT-registered developer carry 21% VAT instead of the tax), the notary fee and the land registry charges. Agricultural land and forests must be bought through a locally registered company.
Is this listing still available?
The listing is active and the property is for sale. Contact the advertiser to confirm the latest status.