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Flat 43 м² in Bar, Montenegro

172 816 $

4 018 $ /м²

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Area

43 м2

Bedrooms

1

Apartment in Bar. City - Bar

New 1-bedroom apartment in a complex with a swimming pool in Bar. Apartment area - 43 m2. The apartment consists of a corridor, a living room with a kitchen, a bedroom, a bathroom, and a terrace. It offers a view of the city and mountains. The apartment features a new kitchen with appliances, as well as a new washing machine and a wardrobe in the bedroom. The complex includes a swimming pool with a recreation area, and in the neighboring building, there will also be a hotel, a spa, and a restaurant. Reception is available 24/7. There is a possibility of purchasing a parking space in the underground garage. The apartment is located in the center of Bar, with shops, cafes, restaurants, a gym, a school, a kindergarten, etc., in close proximity. The beach is a 15-minute walk away. This is an excellent offer for both permanent residence and for renting out the apartment.

Additional details

Property type

Residential Properties

Object type

Flat

Price

172 816 $

Characteristics

Sea View

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 (172 816 $) 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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