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Flat 51 м² in Bar, Montenegro

179 456 $

3 518 $ /м²

4Oj2i
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Area

51 м2

Bedrooms

1

Apartment in Bar. City - Bar

description

One-bedroom apartment in Zaha Palace, downtown Bara


61 m2 apartment for sale on the 2nd floor of Zaha Palace residential complex in the center of Bar. The apartment offers a view of the city. The distance to the sea is 500 meters.


Planning includes a spacious living room with a kitchen, a separate bedroom, a corridor and a pantry in which the boiler is located. A large terrace with live plants creates a cozy space for relaxation. The apartment is heated floors.


Within walking distance are shops, beaches, hospital, markets, post office, banks and schools. The apartment is suitable for own living and renting.

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

1

Object type

Flat

Price

179 456 $

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 (179 456 $) 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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