Area
123 м2
Bedrooms
4
House in Bar. City - Bar
description
A house with two apartments in Sutomore with a large plot.
House area - 123 m2
Plot area - 339 m2
First floor - corridor, living room, two bedrooms, bathroom, terrace.
The second floor - corridor, living room with kitchen, two bedrooms, bathroom, terrace.
View of the mountains.
Two parking spaces.
A large utility room.
City water.
Good access.
In walking distance there is all the necessary infrastructure - shops, cafes, bakery, bus stop, school, etc.
Distance to the city beach Sutomore and the embankment - 20 minutes walk.
A quiet and peaceful place is not far from the center of Sutomore.
Price - EUR 140,000
Additional details
Property type
Residential Properties
Number of rooms
4
Object type
House
Price
164 111 $
Characteristics
Sea View
FAQ
In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Bar; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Montenegro finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Montenegro takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Bar short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (164 111 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Bar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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International Real Estate Consultant