House 400 м² in Stari Bar, Montenegro

497 718 $

1 244 $ /м²

4OdLO

House 400m² in Montenegro, Stari Bar. Priced at 420000€ rent photo- #1

House 400m² in Montenegro, Stari Bar. Priced at 420000€ rent photo- #2

House 400m² in Montenegro, Stari Bar. Priced at 420000€ rent photo- #3

House 400m² in Montenegro, Stari Bar. Priced at 420000€ rent photo- #4

Area

400 м²

Bedrooms

New two-story house

New two-storey house in Old Bar

- the total area of the house is 400 m2

- the total area of the land plot is 1000 m2

- in the house there are two separate apartments of 200 m2

- on the ground floor apartment consisting of a corridor, a living room, a dining area, a kitchen, three bedrooms, a bathroom, a terrace

- on the 1st floor, an apartment consisting of a corridor, a living room, a dining area, a kitchen, two bedrooms, a spacious bathroom, six terraces

- the ground floor of the house is furnished and ready to move in

- parking for several cars

- fenced area

- construction of another house is possible on the plot

- view of the mountains, the sea and the city

- distance to the sea 2500 meters

- distance to the old town of Bar 500 meters

The house is ideal for living and for renting all year round

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

497 718 $

Land area

1000

Characteristics

Garage/parking

Distance to key points, m

To sea 2500

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Stari 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 Stari 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 (497 718 $) 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 Stari Bar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).