Flat 50 м² in Bar, Montenegro

88 519 $

1 770 $ /м²

4OdsR

Flat 50m² in Montenegro, Bar. Priced at 79000€ rent photo- #1

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Flat 50m² in Montenegro, Bar. Priced at 79000€ rent photo- #4

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Area

50 м²

Bedrooms

Bathrooms

Apartment with a patio in Illinois

One bedroom apartment with patio 400m from the sea, Ilino

Apartment area 50 m2

Structure: corridor, bedroom, bathroom, large living room with a full kitchen area, shady green terrace

The apartment is located on the ground floor of a small apartment building, separate entrance.

The area has developed infrastructure, everything is within walking distance: school, kindergarten, supermarkets, public transport stops.

The beach is 400 m away by a flat road.

Additional details

Property type

Residential Properties

Object type

Flat

Price

88 519 $

Distance to key points, m

To sea 400

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 (88 519 $) 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).