Flat 87 м² in Dobra Voda, Montenegro

488 287 $

5 612 $ /м²

4Odx5

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #1

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #2

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #3

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #4

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #5

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #6

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #7

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #8

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #9

Flat 87m² in Montenegro, Dobra Voda. Priced at 435000€ rent photo- #10

Area

87 м²

Bedrooms

Apartment in Bar. The city is Dobra Voda.

The Madam Palace company is building an elite tourist complex of the same name on the seashore in the village of Dobra Voda in Bar. A conceptual solution developed by the Intesa Group studio, which was approved by the chief government architect. A five-star hotel with a mixed business model will be built, which will consist of two buildings - A and B. Building B is designed as a combination of apartments and hotel rooms. In addition to capacity, it will be equipped with all other facilities necessary for high-category 5-star hotel complexes. The ground floor and ground floor -4 provide garage spaces for both buildings, the ground floor -3 houses a designed spa and wellness center with a swimming pool and all associated amenities and will therefore serve the guests and tenants of both buildings. The ground floor - 2 there is a restaurant area with a kitchen, a conference room, as well as other office premises necessary for the functioning of the hotel complex. The complex will be completed in June 2024. The cost of apartments is from 5000 e/m2.

Additional details

Property type

Residential Properties

Number of rooms

Object type

Flat

Price

488 287 $

Characteristics

Sea View

Infrastructure

Open pool

FAQ

In Montenegro a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dobra Voda; 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 Dobra Voda 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 (488 287 $) 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 Dobra Voda: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).