Two Villas with Nine Apartments in Sutomore, Montenegro
€1,200,000€1,967/m²
Sutomore, Bar, Montenegro
12
bedrooms
11
bathrooms
610 m²
interior
950 m²
plot
Apartment
property type
7 Jul 2026
listed
The Habio take
AI summaryThis unique property features two villas and nine apartments, perfectly positioned for rental income in Sutomore. Located just steps from the Adriatic Sea, it combines luxurious living with a thriving business opportunity.
- beach
- investment
- rental income
- luxury
- walkable
- coastal
Highlights
- Prime location near the beach
- Established short-term rental business
- Move-in ready with all furnishings
- Nine fully equipped apartments
- On-site mini-market for guest convenience
- Outdoor entertainment facilities including barbecues
Worth knowing
- Property may require ongoing management
- Potential competition from nearby rentals
Good fit for: Ideal for investors seeking a profitable venture in a popular tourist destination.
Lifestyle scores
- Beach
- 90
- Walkable
- 80
- Remote work
- 60
- Family
- 70
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 75
About this place
Discover this exceptional investment opportunity comprising two villas with a total of nine apartments in the scenic town of Sutomore, Montenegro. The property is fully operational since 2005 and is strategically located close to the sandy beaches that attract tourists each year. With its unique mix of luxury living spaces and income-generating rentals, this property is ideal for those looking to invest in a thriving vacation spot.
The main house features a spacious 450 square meter residence, providing a comfortable private living space with three bedrooms and two bathrooms, suited for the owner or property manager. On the upper floor, five well-equipped apartments offer each guest a kitchenette and bathroom, catering to their holiday needs. Additionally, a modern guest house, constructed in 2020, includes four furnished apartments, enhancing the rental potential.
The property comes complete with twelve bathrooms, eleven kitchens, and numerous amenities tailored for a memorable guest experience. Guests can enjoy seven terraces for relaxation, while outdoor barbecues provide an excellent venue for social gatherings. The on-site mini-market operates year-round, ensuring convenient access to essentials. This property is move-in ready, including all furniture and appliances, making it an attractive venture for new owners looking to capitalise on Sutomore's growing tourist industry.
What this place offers
- swimming pool
- parking
- terrace
- garden
- furnished
- solar panels
Buying property in Montenegro
Buying property in Montenegro as a foreigner is relatively straightforward, with no restrictions on purchasing residential properties. However, buyers should budget for additional costs such as legal, notary, and tax fees, which vary depending on the property value.
Montenegro applies progressive tax rates on property transfers.
Recent regulations emphasise the need for foreigners to have a local bank account and tax identification number.
Sources consulted (2026-07-27): - Buying Property in Montenegro as a Foreigner | MontenegroHousing: https://montenegrohousing.com/en/guide/buying-as-foreigner?utm_source=habio - Montenegro Property Buying Process | MontenegroHousing: https://montenegrohousing.com/en/guide/buying-process?utm_source=habio - Can Foreigners Buy Property in Montenegro?
Rules & Costs - LegalClarity: https://legalclarity.org/can-foreigners-buy-property-in-montenegro/?utm_source=habio - Buying a Property in Montenegro - Visit Montenegro: https://www.visit-montenegro.com/montenegro/buying-a-property/?utm_source=habio
Always verify details with a local lawyer before proceeding.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
