Property Abroad

Montenegro

Bar

Flat

Flat 106 м² in Bar, Montenegro

171 831 $

1 621 $ /м²

4Ofca

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #1

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #2

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #3

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #4

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #5

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #6

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #7

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #8

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #9

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #10

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #11

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #12

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #13

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #14

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #15

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #16

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #17

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #18

Flat 106m² in Montenegro, Bar. Priced at 145000€ rent photo- #19

Area

106 м²

Bedrooms

Apartment in Bar. City - Bar

In Bar, Montenegro, for sale a separate 3-room apartment of 106m2 on the 2nd floor

The apartment is located in a 3-storey villa. The stairwell is internal. There are 3 apartments in the house.

Two bedrooms and a large living room with access to the terrace, a spacious, fully equipped (including all equipment) kitchen-dining room with a balcony, a large hall at the entrance, a large fully equipped bathroom, a utility room, which, if necessary, can be turned into an additional toilet.

The apartment is fully furnished and ready for living. Air conditioning is in place. All meters are separate and officially registered. City water. Internet speed (light guide).

From the balcony and a huge terrace beautiful views of the sea, mountains and the city.

In the yard for the apartment there is one place for parking a large car, plus there is a place for temporary parking of guest cars.

The street is deadlocked, almost no movement and noise. To the city beaches, the promenade and the city center about 1200m on a beautiful road, with almost no climbs. The nearest major supermarket is 800m.

Calculation of profitability

Liquidity calculation:

Lease 65 euros/day. Maximum workload of 70 days per season. Yield in season 4550. Booking expenses 15%

Yields minus Booking 3,867 euros.

Possible monthly delivery is not in season for 400 euros per month for 8 months. Income per year = 3200 euros. Total for the year: 7067 euros. Costs of purchase and maintenance 145000+500 (annual tax + tax) = 145500.

Recovery period of 145,500 euros/7067 = 20.5 years. Profitability 7067*100/145500 = 4.9%

Calculations are given for 2021-2022.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

171 831 $

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 (171 831 $) 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).