Area
180 м2
Bedrooms
2
Apartment in Bar. City - Bar
description
New apartment with 2 bedrooms and panoramic sea views, in a premium class complex with a swimming pool in Bar.
8th floor (3 elevators)
Apartment area - 74 m2
The apartment consists of a corridor, a living room combined with a kitchen, two bedrooms, one of which is a master bedroom with his bathroom, a bathroom and a terrace.
The apartment has a built-in kitchen without elements and a wardrobe.
Large panoramic windows with beautiful sea views face southwest, the apartment is very bright and warm.
The apartment is located in a premium class complex, at the services of apartment owners and their guests:
- reception 24/7;
- recreation area with outdoor adult and children's pool;
- video surveillance;
- at the moment, the construction of a neighboring building is underway, in which there will be a spa, an indoor pool and a gym.
Distance to the beach and Bara embankment 10 minutes walk.
In walking distance many shops, restaurants, school, kindergarten, etc.
It is also possible to buy a place in an underground garage.
Excellent offer both for permanent residence and as an investment for the subsequent rental of an apartment.
Additional details
Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
303 606 $
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 (303 606 $) 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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Liliya
International Real Estate Consultant