House 280 м² in Stari Bar, Montenegro

489 468 $

1 748 $ /м²

4Og6E

House 280m² in Montenegro, Stari Bar. Priced at 430000€ rent photo- #1

House 280m² in Montenegro, Stari Bar. Priced at 430000€ rent photo- #2

Area

280 м²

Bedrooms

A legal house in need of renovation on a large plot of land.

Legal house for renovation on a large plot of land in the area of Old Bar.

The area of the house: 280 m2.

The land area: 2605 m2.

The structure of the house:

1 floor: 4 free rooms.

2 floor: one large room with an area of 80 m2.

Electricity, urban water, urban sewerage.
Parking in front of the house for several cars.

The land is flat.

Convenient access road.

In walking distance: school, shop, hospital.
View of the mountains.
The distance to the sea is 5 km, 10 minutes by car.

It is possible to buy neighboring land.

Services and facilities

Garage/parking

Additional details

Property type

Residential Properties

Floor

Object type

House

Price

489 468 $

Land area

2605

Characteristics

Garage/parking

Distance to key points, m

To sea 5000

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 (489 468 $) 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).