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Flat 59 м² in Bar, Montenegro

156 494 $

2 652 $ /м²

4Oe19
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Area

59 м2

Bedrooms

2

Apartment in Catalonia. City - Barcelona

A two-bedroom apartment in a five-story building in the Ilino area of Bar. The apartment has an area of 59 m2. Structure: hallway, two bedrooms, kitchen with dining area, living room, large terrace. Utilities: electricity, city water, city sewage. Located on the 3rd floor. The apartment is equipped with a underfloor heating system. Air conditioning. The apartment is furnished with new furniture and necessary appliances. Sunny side. Parking in front of the building. Grocery stores are within walking distance. The distance to the sea is 1 km. All of Bar's infrastructure is within 1 km. The apartment is perfect for year-round living. It also has very good rental potential.

Additional details

Property type

Residential Properties

Number of rooms

2

Floor

3

Object type

Flat

Price

156 494 $

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 (156 494 $) 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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