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Flat 24 м² in Bar, Montenegro

110 122 $

4 588 $ /м²

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Area

24 м2

Bedrooms

4

Apartment in Bar. City - Bar

description

Studio in the center of Bar, ready for accommodation and rent


For sale compact and functional studio apartment in the heart of the city of Bar.


The ideal option for living by the sea or investing with fast income.


Principal characteristics:


* Area: 24 m2
* Floor: specified
* House: new, with elevator


Equipment:


* Fully furnished
* Completed with all necessary equipment
* Ready to move in without additional investment


Advantages:


* City center - all within walking distance
* Excellent liquidity
* High rental potential (both daily and long-term)


Ideal for investors, as well as for a personal holiday by the sea.


Price: 95,000 €

Additional details

Property type

Residential Properties

Object type

Flat

Price

110 122 $

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 (110 122 $) 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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