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Flat 57 м² in Bar, Montenegro

173 243 $

3 039 $ /м²

4Oivg
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Area

57 м2

Bedrooms

2

Apartment in Bar. City - Bar

description

Apartment with two bedrooms and panoramic sea views in Bar


Furnished apartment of 57 m2 in the Ilino district is for sale. It is located on the 6th floor of a seven-storey building with an elevator. The windows face south and north.


The apartment has two bedrooms and two bathrooms. From the terrace there is a panoramic view of the sea, and from both bedrooms there is access to a common balcony with mountain views. There are panoramic windows, air conditioning, washing and dishwashing machines, a refrigerator and an oven.


There are only 18 apartments in the house. The area is closed and parking is provided. Shops and cafes are close to the house. To the beach - 500 m, to the center of Bar - 1 km. The school, kindergarten and sports center are about a 10-minute walk away.


Price: 155,000 €

Additional details

Property type

Residential Properties

Number of rooms

2

Floor

6

Object type

Flat

Price

173 243 $

Characteristics

Sea View
Mountain 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 (173 243 $) 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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