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Flat 37 м² in Bar, Montenegro

ID 4Ofh4
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Area
37 m²
Bedrooms
1

Description

Apartment in Bar. City - Bar

Description

The new complex is located in the beautiful area of Bara - the Green Belt, with a sea view surrounded by a coniferous forest.
Construction will be completed by the end of 2025.
The complex includes an underground garage, a swimming pool, and a management company with a reception and concierge service.
There are a total of 18 apartments in the building with various layouts, including 1-bedroom apartments ranging from 36 m2 to 46 m2 and 2-bedroom apartments from 67 m2 to 89 m2.
All apartments offer beautiful sea views, where every sunrise and sunset becomes a unique event.
A picturesque area with mature coniferous trees and clean air, just 10 minutes drive from the city center.
An excellent option for investors looking to achieve stable income, ensure year-round living, and have the opportunity to rent out.
For sale:
2nd floor
Apart 11 - 1 bedroom, area 36.93 m2, price 103,404 €
Apart 13 - 1 bedroom, area 46.35 m2, price 129,780 €

3rd floor
Apart 16 - 1 bedroom, area 36.93 m2, price 107,097 €
Apart 17 - 1 bedroom, area 46.33 m2, price 134,357 €
Apart 18 - 1 bedroom, area 46.35 m2, price 134,415 €
Apart 19 - 1 bedroom, area 46.33 m2, price 134,357 €
Apart 20 - 1 bedroom, area 36.93 m2, price 107,097 €

4th floor
Apart 21 - 2 bedrooms, area 68.45 m2, price 239,575 €
Apart 22 - 2 bedrooms, area 67.31 m2, price 235,585 €
The price for a parking space in the underground garage is 20,000 €.
The price for parking is 5,000 €.
Installments available until the completion of construction, flexible payment terms.

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
115 450 $

Window view

  • Sea View

FAQ

How can I get a residence permit by buying property in Montenegro?

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.

Is a mortgage available for non-residents in Montenegro?

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.

What taxes and fees apply when buying in Montenegro?

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.

How is the title checked in Montenegro?

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.

Can I rent out property after purchase in Montenegro?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (115 450 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Montenegro?

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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