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Flat 65 м² in Bar, Montenegro

164 473 $

2 530 $ /м²

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Area

65 м2

Bedrooms

2

Apartment in Bar. City - Bar

2 bedroom apartment in the center of Bar at a very good price, not far from the sea. 1st floor Area - 60 m2 + 5 m2 The apartment consists of a corridor, a living room combined with a kitchen, 2 bedrooms, a bathroom, a storage room, and a terrace. The apartment is equipped with a kitchen set with the necessary appliances. Excellent location in the strict city center. There are many shops, cafes, restaurants, a school, a kindergarten, etc. in the immediate vicinity. The distance to the beach is no more than 8 minutes walk, 550 meters. Parking near the house. An excellent offer, both for permanent residence and for renting out an apartment. At the moment the apartment is rented out, if the apartment is sold, the new owner will continue to receive income from the tenants. Price - 138,000 euros

Additional details

Property type

Residential Properties

Number of rooms

2

Floor

1

Object type

Flat

Price

164 473 $

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 (164 473 $) 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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