Property Abroad

Montenegro

Bar

Flat

Flat 65 м² in Bar, Montenegro

266 484 $

4 099 $ /м²

4Oivi

Flat 65m² in Montenegro, Bar. Priced at 239000€ rent photo- #1

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Area

65 м²

Bedrooms

Apartment in Bar. City - Bar

description

a sea view apartment in Soho City, Bar

Apartment for sale of 65 m2 on the 7th floor of Soho City complex. South side, open sea view. The apartment is fully furnished and equipped with built-in appliances, Tesla Smart Home system and recuperators in each room.

The complex provides concierge service and access to elevators and floors by key.

Price of the apartment: 239,000 €.
Garage space with two pantry - an additional 39,000 €.

Additional details

Property type

Residential Properties

Object type

Flat

Price

266 484 $

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 (266 484 $) 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).