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Flat 50 м² in Bar, Montenegro

160 897 $

3 217 $ /м²

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Area

50 м2

Bedrooms

1

Apartment in Catalonia. City - Barcelona

Description

Studio apartment on the first line from the sea in the Shushan area, Bar.

Apartment area 50m2.

Structure: entrance hall, kitchen, large living room with sleeping places, two terraces, bathroom.

Communications: city water, electricity, city sewerage.

Distance to the sea 100m.

Sea view.

Within walking distance of a supermarket, school, bus stop.

Cafes, restaurants located on the seashore 100m away.

The distance to the center of Bar, where all the developed infrastructure is located, is 500m.

Ideal for year-round living.

Also, the apartment has excellent seasonal and year-round rental potential.

Profitability calculation

Income:

1. Seasonal rental:
- From May 1 to June 15 (45 days) 50 euros/day = 2,250 euros
- From June 15 to September 1 (78 days) 70 euros/day = 5,460 euros
- From September 1 to October 1 (30 days) 60 euros/day = 1,800 euros

2. Rent out of season:
- From October 1 to December 25 (85 days) 40 euros/day = 3,400 euros
- From December 25 to January 15 (21 days) 45 euros/day = 945 euros
- From January 15 to May 1 (106 days) 40 euros/day = 4,240 euros

Total income for the year:
- 2,250 euros + 5,460 euros + 1,800 euros + 3,400 euros + 945 euros + 4,240 euros = 18,095

Additional details

Property type

Residential Properties

Object type

Flat

Price

160 897 $

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 (160 897 $) 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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