140m² House

Investment Property with Two Apartments for Sale in Sutomore

A compact residential investment property for sale in Sutomore, Montenegro, located approximately 400 metres from the central beach. The building comprises two fully separate apartments, each offering approximately 70 m² of living space.

The property is already used for holiday rentals and, according to the seller, generates annual gross revenue of approximately €16,000 through booking platforms.

Property Overview

• Property type: Residential building with two separate apartments
• Location: Sutomore, Municipality of Bar, Montenegro
• Number of apartments: Two
• Living area per apartment: Approximately 70 m²
• Total residential area: Approximately 140 m²
• Distance to the central beach: Approximately 400 metres
• Current use: Holiday rental property

Apartment Layout

Each apartment has a separate entrance and a practical layout suitable for family stays, seasonal guests or independent long-term rental.

• Living room: One in each apartment
• Bedrooms: Two in each apartment
• Bathroom: One in each apartment
• Units: Completely independent from one another

Garage, Parking and Storage

The property includes two garage parking spaces beneath the building, two additional outdoor parking spaces and a separate storage room.

The available parking capacity is a practical advantage for both owner use and short-term rental guests, particularly during the summer season.

Location Near Sutomore Beach

The building is situated approximately 400 metres from the central beach in Sutomore, providing convenient access to the sea, restaurants, cafés, shops and local tourism services.

Sutomore is one of the best-known seasonal tourism destinations in the Municipality of Bar and is connected by road and rail to Bar, Podgorica and other coastal areas.

Reported Rental Performance

According to the seller, the property is already successfully rented through online booking platforms and generates approximately €16,000 in annual gross revenue.

This figure should be verified through booking-platform records, bank statements, tax filings, occupancy data, operating expenses and historical rental accounts before purchase.

Investment Potential

The two-unit configuration allows both apartments to be rented independently. A future owner may also choose to occupy one apartment while renting the second.

The actual net yield will depend on the purchase price, occupancy, nightly rates, platform commissions, utilities, cleaning, maintenance, taxes, insurance and property management costs.

Due Diligence Considerations

Buyers should independently verify the cadastral registration of both apartments, building permits, ownership records, parking rights, rental registration, tourism approvals and all supporting legal documentation.

The furniture inventory, included equipment, existing reservations and any booking-platform accounts should also be clarified in the final purchase agreement.

Key Property Details

• Property type: Two-apartment rental property
• Location: Sutomore, Bar, Montenegro
• Total living area: Approximately 140 m²
• Apartments: Two separate units
• Bedrooms: Four in total
• Bathrooms: Two in total
• Garage spaces: Two
• Outdoor parking spaces: Two
• Storage room: Available
• Distance to the beach: Approximately 400 metres
• Reported annual gross rental revenue: Approximately €16,000
• Potential use: Holiday rentals, long-term rentals, owner occupation or mixed personal and rental use