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House 550 м² in Bar, Montenegro

821 089 $

1 492 $ /м²

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Area

550 м2

House for sale in Ilino

House is located in Ilino, with area 550 m2 and with 600m2 plot with nice view of the sea, town and harbor.
Distance from the sea is 700m, close to the shops, school. House was built with top quality material.


The ground floor of 40m2 is expandable up to 80m2. On the first floor there are 2 separate apartments. On the second floor there are 5 rooms and 3 bathrooms, it is easy to make 2 or 3 separate apartments. On the third floor there is a 3-room apartment with 2 bathrooms, very nice and luxurious, furnished.


Urban communications - water, sewage and electricity. Parking for 6-7 cars. Possibility to build a swimming pool on a spacious plot on the north side. A fenced well-groomed plot with landscaping.

Services and facilities

Furniture
Pool

Additional details

Property type

Residential Properties

Floor

4

Object type

House

Price

821 089 $

Land area

600

Characteristics

Furniture
Pool

Distance to key points, m

To sea 700

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 (821 089 $) 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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